Arvest Bank Trust Division Increases Stock Holdings in O’Reilly Automotive, Inc. $ORLY

Arvest Bank Trust Division grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,260.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,095 shares of the specialty retailer’s stock after purchasing an additional 3,794 shares during the period. Arvest Bank Trust Division’s holdings in O’Reilly Automotive were worth $369,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of ORLY. Bank of Jackson Hole Trust purchased a new position in O’Reilly Automotive during the 1st quarter worth $25,000. Oakworth Capital Inc. increased its stake in shares of O’Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 264 shares during the period. HighMark Wealth Management LLC raised its holdings in O’Reilly Automotive by 1,400.0% during the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares in the last quarter. Canton Hathaway LLC lifted its position in O’Reilly Automotive by 1,400.0% in the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares during the period. Finally, ORG Partners LLC boosted its holdings in O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 277 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $98.35 on Friday. The business’s fifty day moving average price is $101.49 and its two-hundred day moving average price is $97.08. The stock has a market cap of $83.45 billion, a PE ratio of 34.07, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a one year low of $78.30 and a one year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.02. The business had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business’s revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the business earned $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

ORLY has been the subject of a number of analyst reports. Truist Financial set a $109.00 target price on O’Reilly Automotive in a research note on Friday, October 24th. UBS Group reiterated a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Wells Fargo & Company set a $115.00 target price on O’Reilly Automotive and gave the company an “overweight” rating in a report on Wednesday, October 15th. Barclays set a $91.00 price objective on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a research note on Monday, October 27th. Finally, Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Nineteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus price target of $111.89.

Insider Activity

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the sale, the director directly owned 8,125 shares of the company’s stock, valued at $752,375. This trade represents a 27.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.01% of the stock is owned by corporate insiders.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.