Federated Hermes Inc. Boosts Position in O’Reilly Automotive, Inc. $ORLY

Federated Hermes Inc. boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,312.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 763,385 shares of the specialty retailer’s stock after buying an additional 709,332 shares during the quarter. Federated Hermes Inc. owned approximately 0.09% of O’Reilly Automotive worth $68,804,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ORLY. Oakworth Capital Inc. raised 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 valued at $26,000 after acquiring an additional 264 shares in the last quarter. HighMark Wealth Management LLC increased its holdings in O’Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares during the period. Canton Hathaway LLC increased its holdings in O’Reilly Automotive by 1,400.0% during 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 period. ORG Partners LLC raised its position in O’Reilly Automotive by 839.4% during 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. Finally, Nemes Rush Group LLC lifted its holdings in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock worth $28,000 after buying an additional 294 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction dated 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 directly owned 8,125 shares of the company’s stock, valued at $752,375. This represents a 27.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total value of $238,585.05. Following the completion of the sale, the senior vice president owned 28 shares of the company’s stock, valued at approximately $2,836.68. This trade represents a 98.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 8,980 shares of company stock valued at $882,335. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $98.89 on Monday. The company’s 50-day simple moving average is $99.76 and its 200-day simple moving average is $98.07. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71. The stock has a market capitalization of $83.47 billion, a P/E ratio of 34.26, a P/E/G ratio of 2.33 and a beta of 0.61.

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

Wall Street Analysts Forecast Growth

ORLY has been the topic of several research reports. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Wells Fargo & Company set a $115.00 target price on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Baird R W upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a report on Thursday. The Goldman Sachs Group set a $121.00 price objective on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday, October 24th. Finally, Raymond James Financial raised shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective on the stock in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average target price of $112.05.

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.