Castleview Partners LLC Has $655,000 Stake in O’Reilly Automotive, Inc. $ORLY

Castleview Partners LLC raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,170.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,269 shares of the specialty retailer’s stock after buying an additional 6,697 shares during the period. Castleview Partners LLC’s holdings in O’Reilly Automotive were worth $655,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ORLY. Floyd Financial Group LLC grew its holdings in shares of O’Reilly Automotive by 1,436.7% in the 2nd quarter. Floyd Financial Group LLC now owns 13,047 shares of the specialty retailer’s stock valued at $1,192,000 after acquiring an additional 12,198 shares in the last quarter. Palumbo Wealth Management LLC grew its stake in O’Reilly Automotive by 1,421.2% in the second quarter. Palumbo Wealth Management LLC now owns 36,007 shares of the specialty retailer’s stock valued at $3,245,000 after purchasing an additional 33,640 shares in the last quarter. North Star Investment Management Corp. grew its stake in O’Reilly Automotive by 1,400.0% in the second quarter. North Star Investment Management Corp. now owns 28,485 shares of the specialty retailer’s stock valued at $2,567,000 after purchasing an additional 26,586 shares in the last quarter. Missouri Trust & Investment Co increased its position in shares of O’Reilly Automotive by 1,394.1% during the 2nd quarter. Missouri Trust & Investment Co now owns 415,855 shares of the specialty retailer’s stock worth $37,481,000 after purchasing an additional 388,022 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its stake in shares of O’Reilly Automotive by 21,718.3% during the 2nd quarter. TD Private Client Wealth LLC now owns 30,982 shares of the specialty retailer’s stock worth $2,792,000 after purchasing an additional 30,840 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

Insider Transactions at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 5,050 shares of the business’s stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares in the company, valued at $284,925.32. The trade was a 63.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ORLY. Argus started coverage on shares of O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 target price for the company. BMO Capital Markets lifted their price objective on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Royal Bank Of Canada boosted their price objective on shares of O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. 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 note on Monday, September 15th. Finally, Evercore ISI lifted their price target on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $107.17.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $103.47 on Thursday. O’Reilly Automotive, Inc. has a 52 week low of $75.32 and a 52 week high of $108.42. The company has a market capitalization of $87.79 billion, a price-to-earnings ratio of 36.99, a PEG ratio of 2.74 and a beta of 0.60. The company has a 50-day simple moving average of $102.07 and a 200 day simple moving average of $94.83.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. During the same period last year, the business posted $10.55 earnings per share. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Sell-side analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.