Caxton Associates LLP Grows Stock Position in O’Reilly Automotive, Inc. $ORLY

Caxton Associates LLP lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,227.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,975 shares of the specialty retailer’s stock after purchasing an additional 17,546 shares during the period. Caxton Associates LLP’s holdings in O’Reilly Automotive were worth $1,710,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Oakworth Capital Inc. grew its position in shares of O’Reilly Automotive by 1,257.1% in the second 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 grew its position in O’Reilly Automotive by 1,400.0% in the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 280 shares in the last quarter. Canton Hathaway LLC increased its stake 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 buying an additional 280 shares during the period. ORG Partners LLC boosted its stake in shares of 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 buying an additional 277 shares during the last quarter. Finally, Nemes Rush Group LLC increased its holdings in O’Reilly Automotive by 1,400.0% in the second quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 294 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on ORLY shares. TD Cowen lifted their target price on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Royal Bank Of Canada set a $110.00 price target on shares of O’Reilly Automotive and gave the company an “outperform” rating in a report on Friday, October 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Wells Fargo & Company set a $115.00 target price on O’Reilly Automotive and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Finally, Barclays set a $91.00 price target on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $112.05.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $94.11 on Monday. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71. The company’s 50-day moving average is $98.63 and its 200-day moving average is $98.20. The firm has a market capitalization of $79.44 billion, a PE ratio of 32.60, a P/E/G ratio of 2.22 and a beta of 0.61.

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, topping analysts’ consensus estimates of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to analysts’ expectations 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 quarter in the previous year, the company posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity

In other O’Reilly Automotive news, SVP Philip M. Hopper sold 3,500 shares of the stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total value of $354,375.00. Following the completion of the transaction, the senior vice president directly owned 4,792 shares in the company, valued at approximately $485,190. This trade represents a 42.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Raymond Murphy sold 3,125 shares of the business’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 sale, the director directly owned 8,125 shares in the company, valued at $752,375. The trade was a 27.78% decrease in their ownership of the stock. 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. Corporate insiders own 1.01% of the company’s stock.

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.