AGP Franklin LLC Acquires 25,088 Shares of O’Reilly Automotive, Inc. $ORLY

AGP Franklin LLC grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,393.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,889 shares of the specialty retailer’s stock after acquiring an additional 25,088 shares during the quarter. O’Reilly Automotive comprises 1.3% of AGP Franklin LLC’s investment portfolio, making the stock its 27th largest position. AGP Franklin LLC’s holdings in O’Reilly Automotive were worth $2,424,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in O’Reilly Automotive by 1,404.9% during the second quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock valued at $7,105,396,000 after purchasing an additional 73,596,571 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of O’Reilly Automotive by 1,443.1% in the 2nd quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock worth $2,130,866,000 after buying an additional 22,144,563 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of O’Reilly Automotive by 1,317.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock valued at $1,590,894,000 after buying an additional 16,406,181 shares in the last quarter. Jennison Associates LLC raised its position in shares of O’Reilly Automotive by 1,820.9% during the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock valued at $1,272,363,000 after buying an additional 13,382,074 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of O’Reilly Automotive by 1,467.8% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 9,152,716 shares of the specialty retailer’s stock worth $824,934,000 after acquiring an additional 8,568,904 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $100.43 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $78.30 and a 1 year high of $108.71. The stock has a market capitalization of $84.77 billion, a PE ratio of 34.79, a PEG ratio of 2.48 and a beta of 0.57. The business’s 50-day moving average is $100.62 and its 200 day moving average is $97.33.

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

Insiders Place Their Bets

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the transaction, the director owned 8,125 shares in the company, valued at approximately $752,375. This represents a 27.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ORLY shares. Weiss Ratings reissued a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Argus began coverage on O’Reilly Automotive in a research report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price objective on the stock. Mizuho set a $112.00 price objective on O’Reilly Automotive in a report on Monday, October 20th. Royal Bank Of Canada set a $110.00 target price on O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Friday, October 24th. Finally, UBS Group reiterated a “buy” rating and set a $120.00 price target (up from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.89.

About O’Reilly Automotive

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.