Friedenthal Financial Takes $889,000 Position in O’Reilly Automotive, Inc. $ORLY

Friedenthal Financial acquired a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 9,865 shares of the specialty retailer’s stock, valued at approximately $889,000.

Other institutional investors also recently made changes to their positions in the company. Moss Adams Wealth Advisors LLC purchased a new stake in O’Reilly Automotive during the 1st quarter worth $213,000. Portside Wealth Group LLC purchased a new stake in O’Reilly Automotive during the 1st quarter worth $222,000. CHICAGO TRUST Co NA boosted its position in O’Reilly Automotive by 4.0% during the 1st quarter. CHICAGO TRUST Co NA now owns 315 shares of the specialty retailer’s stock worth $451,000 after purchasing an additional 12 shares during the period. GAMMA Investing LLC boosted its position in O’Reilly Automotive by 22.3% during the 1st quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer’s stock worth $1,822,000 after purchasing an additional 232 shares during the period. Finally, Simplicity Wealth LLC purchased a new stake in O’Reilly Automotive during the 1st quarter worth $343,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Price Performance

Shares of ORLY stock opened at $101.85 on Wednesday. The firm has a market capitalization of $86.42 billion, a P/E ratio of 36.41, a P/E/G ratio of 2.73 and a beta of 0.60. The company’s fifty day moving average price is $103.79 and its two-hundred day moving average price is $95.91. O’Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.78. The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity at O’Reilly Automotive

In related news, Director Maria Sastre sold 595 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, the director owned 15,935 shares of the company’s stock, valued at $1,630,309.85. This represents a 3.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the sale, the senior vice president directly owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company’s stock.

Analyst Ratings Changes

ORLY has been the subject of a number of research reports. Evercore ISI upped their price target on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Wells Fargo & Company upped their price target on shares of O’Reilly Automotive from $103.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. UBS Group upped their price target on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. DA Davidson boosted their price objective on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Finally, Wolfe Research started coverage on shares of O’Reilly Automotive in a report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, O’Reilly Automotive has a consensus rating of “Buy” and a consensus target price of $107.17.

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.