Mission Creek Capital Partners Inc. Acquires 20,019 Shares of O’Reilly Automotive, Inc. $ORLY

Mission Creek Capital Partners Inc. raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,384.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,465 shares of the specialty retailer’s stock after purchasing an additional 20,019 shares during the period. Mission Creek Capital Partners Inc.’s holdings in O’Reilly Automotive were worth $1,935,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Modern Wealth Management LLC grew its stake in O’Reilly Automotive by 1,514.5% in the 2nd quarter. Modern Wealth Management LLC now owns 16,662 shares of the specialty retailer’s stock valued at $1,502,000 after buying an additional 15,630 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in shares of O’Reilly Automotive by 3,934.0% in the second quarter. Lazard Asset Management LLC now owns 17,790 shares of the specialty retailer’s stock worth $1,602,000 after acquiring an additional 17,349 shares during the period. LM Advisors LLC boosted its holdings in shares of O’Reilly Automotive by 1,392.5% in the second quarter. LM Advisors LLC now owns 3,000 shares of the specialty retailer’s stock worth $270,000 after acquiring an additional 2,799 shares during the period. LMR Partners LLP grew its position in shares of O’Reilly Automotive by 3,266.5% in the second quarter. LMR Partners LLP now owns 5,925 shares of the specialty retailer’s stock valued at $534,000 after purchasing an additional 5,749 shares in the last quarter. Finally, London Co. of Virginia raised its stake in shares of O’Reilly Automotive by 1,387.4% during the 2nd quarter. London Co. of Virginia now owns 794,815 shares of the specialty retailer’s stock valued at $71,637,000 after purchasing an additional 741,378 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 0.2%

ORLY opened at $94.11 on Friday. The business’s fifty day simple moving average is $98.63 and its 200 day simple moving average is $98.10. O’Reilly Automotive, Inc. has a 52 week low of $78.30 and a 52 week high of $108.71. 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 (NASDAQ:ORLY) last posted 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 firm 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 company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior 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, equities analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

ORLY has been the subject of several analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Raymond James Financial upgraded shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective for the company in a research report on Wednesday, November 5th. Baird R W raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. Mizuho set a $112.00 target price on shares of O’Reilly Automotive in a research note on Monday, October 20th. Finally, Morgan Stanley raised their price target on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $112.05.

Insiders Place Their Bets

In other news, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction that occurred on 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 directly owned 28 shares in the company, valued at approximately $2,836.68. The trade was a 98.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of the company’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 completion of the sale, the director directly owned 8,125 shares of the company’s stock, valued at $752,375. This trade represents a 27.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,980 shares of company stock valued at $882,335 over the last quarter. 1.01% of the stock is owned by corporate insiders.

O’Reilly Automotive 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.