Adams Diversified Equity Fund Inc. Has $23.45 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

Adams Diversified Equity Fund Inc. lessened its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 12.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 217,500 shares of the specialty retailer’s stock after selling 30,000 shares during the quarter. Adams Diversified Equity Fund Inc.’s holdings in O’Reilly Automotive were worth $23,449,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ORLY. Ashton Thomas Private Wealth LLC acquired a new stake in shares of O’Reilly Automotive during the first quarter valued at about $231,000. Caxton Associates LLP bought a new position in O’Reilly Automotive in the 1st quarter valued at approximately $2,047,000. Arete Wealth Advisors LLC boosted its position in O’Reilly Automotive by 11.9% during the 1st quarter. Arete Wealth Advisors LLC now owns 198 shares of the specialty retailer’s stock worth $284,000 after buying an additional 21 shares during the period. Ascent Group LLC boosted its position in O’Reilly Automotive by 23.4% during the 1st quarter. Ascent Group LLC now owns 2,645 shares of the specialty retailer’s stock worth $3,789,000 after buying an additional 501 shares during the period. Finally, American Trust bought a new stake in O’Reilly Automotive during the 1st quarter worth approximately $205,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ORLY shares. Robert W. Baird set a $115.00 price target on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research note on Wednesday, December 3rd. Morgan Stanley increased their price objective on O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. UBS Group reaffirmed a “buy” rating and set a $120.00 target price (up from $115.00) on shares of O’Reilly Automotive in a report on Wednesday, October 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Finally, Baird R W raised O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Buy” and an average target price of $112.05.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $90.39 on Wednesday. The company has a market capitalization of $76.30 billion, a price-to-earnings ratio of 31.31, a P/E/G ratio of 1.92 and a beta of 0.63. The business’s 50-day moving average is $95.67 and its 200-day moving average is $98.40. O’Reilly Automotive, Inc. has a 1 year low of $79.58 and a 1 year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results 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 business 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 firm’s revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the firm posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity

In related news, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction 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 transaction, the director owned 8,125 shares in the company, valued at $752,375. The trade was a 27.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the sale, the senior vice president owned 28 shares of the company’s stock, valued at $2,836.68. The trade was a 98.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 8,980 shares of company stock worth $882,335 in the last quarter. 1.01% of the stock is owned by corporate insiders.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.