AXQ Capital LP Makes New Investment in O’Reilly Automotive, Inc. $ORLY

AXQ Capital LP bought a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,488 shares of the specialty retailer’s stock, valued at approximately $1,216,000.

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

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $100.43 on Friday. The business has a 50-day moving average of $100.62 and a 200-day moving average of $97.33. The stock has a market capitalization of $84.77 billion, a price-to-earnings ratio of 34.79, a PEG ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. During the same quarter in the prior year, the company posted $11.41 earnings per share. O’Reilly Automotive’s revenue was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity

In other news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. This represents a 27.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.01% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. DA Davidson increased their target price on O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Raymond James Financial raised O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price target for the company in a research note on Wednesday, November 5th. Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Barclays set a $91.00 price objective on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a report on Monday, October 27th. Finally, The Goldman Sachs Group set a $121.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a report on Friday, October 24th. Nineteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $111.89.

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.