Knollwood Investment Advisory LLC Buys 65,884 Shares of O’Reilly Automotive, Inc. $ORLY

Knollwood Investment Advisory LLC grew its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 70,590 shares of the specialty retailer’s stock after acquiring an additional 65,884 shares during the period. Knollwood Investment Advisory LLC’s holdings in O’Reilly Automotive were worth $6,362,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Oakworth Capital Inc. increased its holdings in O’Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 264 shares during the period. HighMark Wealth Management LLC grew its position in shares of 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 buying an additional 280 shares in the last quarter. Canton Hathaway LLC increased its stake in shares of O’Reilly Automotive by 1,400.0% during the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 280 shares during the period. ORG Partners LLC increased 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 valued at $28,000 after buying an additional 277 shares during the period. Finally, Nemes Rush Group LLC raised its holdings in shares of 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 acquiring an additional 294 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.9%

Shares of ORLY opened at $99.51 on Friday. O’Reilly Automotive, Inc. has a 12 month low of $78.30 and a 12 month high of $108.71. The stock has a fifty day moving average price of $99.91 and a 200-day moving average price of $97.94. The firm has a market cap of $84.00 billion, a PE ratio of 34.47, a P/E/G ratio of 2.32 and a beta of 0.62.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share 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 firm had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the business earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling

In related news, 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 value of $238,585.05. Following the completion of the transaction, the senior vice president owned 28 shares in the company, valued at $2,836.68. This trade represents a 98.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the sale, the director owned 8,125 shares in the company, valued at approximately $752,375. The trade was a 27.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,980 shares of company stock worth $882,335 in the last three months. Corporate insiders own 1.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on ORLY shares. TD Cowen raised their target price on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research report on Monday, September 15th. 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. Morgan Stanley boosted their price objective on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Argus initiated coverage on O’Reilly Automotive in a research report on Wednesday, August 13th. They set a “buy” rating and a $120.00 target price on the stock. Finally, Barclays set a $91.00 price target on O’Reilly Automotive and gave the company an “equal weight” rating in a report on Monday, October 27th. Twenty investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average 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.