O’Reilly Automotive, Inc. $ORLY Shares Purchased by Avenir Corp

Avenir Corp raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,248.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 793,987 shares of the specialty retailer’s stock after purchasing an additional 735,097 shares during the period. O’Reilly Automotive accounts for approximately 7.4% of Avenir Corp’s portfolio, making the stock its 5th biggest holding. Avenir Corp owned approximately 0.09% of O’Reilly Automotive worth $71,562,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of O’Reilly Automotive by 1,404.9% in the second quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock worth $7,105,396,000 after buying an additional 73,596,571 shares in the last quarter. State Street Corp raised its holdings in O’Reilly Automotive by 1,424.2% in the 2nd quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after acquiring an additional 34,740,553 shares during the last quarter. Geode Capital Management LLC lifted its stake in 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 purchasing an additional 22,144,563 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in O’Reilly Automotive by 1,317.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock worth $1,590,894,000 after purchasing an additional 16,406,181 shares in the last quarter. Finally, Jennison Associates LLC boosted its holdings 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 worth $1,272,363,000 after purchasing an additional 13,382,074 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 2,355 shares of the stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director owned 8,125 shares of the company’s stock, valued at $752,375. This trade represents a 27.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 8,980 shares of company stock worth $882,335. 1.01% of the stock is currently owned by insiders.

O’Reilly Automotive Trading Up 0.2%

NASDAQ ORLY opened at $94.11 on Friday. The stock has a fifty day simple moving average of $98.63 and a 200-day simple moving average of $98.10. The stock has a market cap of $79.44 billion, a PE ratio of 32.60, a P/E/G ratio of 2.21 and a beta of 0.62. O’Reilly Automotive, Inc. has a twelve month low of $78.30 and a twelve month 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 firm had revenue of $4.71 billion for 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 period in the previous year, the firm earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ORLY. TD Cowen increased their price target on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a report on Monday, September 15th. Wolfe Research started coverage on O’Reilly Automotive in a report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 target price for the company. Barclays set a $91.00 price target on O’Reilly Automotive and gave the stock an “equal weight” rating in a report on Monday, October 27th. Wells Fargo & Company set a $115.00 price objective on shares of O’Reilly Automotive and gave the company an “overweight” rating in a report on Wednesday, October 15th. Finally, Mizuho set a $112.00 price objective on shares of O’Reilly Automotive in a research report on Monday, October 20th. One investment 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.