Avidian Wealth Enterprises LLC Has $228,000 Stock Position in O’Reilly Automotive, Inc. $ORLY

Avidian Wealth Enterprises LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,248.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,535 shares of the specialty retailer’s stock after buying an additional 2,347 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in O’Reilly Automotive were worth $228,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ORLY. Lindbrook Capital LLC raised its stake in shares of O’Reilly Automotive by 2.6% in the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer’s stock worth $448,000 after purchasing an additional 8 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in O’Reilly Automotive by 1.2% during the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock worth $953,000 after buying an additional 8 shares during the last quarter. Deseret Mutual Benefit Administrators increased its stake in shares of O’Reilly Automotive by 3.2% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 291 shares of the specialty retailer’s stock worth $417,000 after purchasing an additional 9 shares during the last quarter. Journey Strategic Wealth LLC increased its position in O’Reilly Automotive by 4.2% in the first quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer’s stock worth $317,000 after buying an additional 9 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its stake in shares of O’Reilly Automotive by 2.3% in the first quarter. Foundations Investment Advisors LLC now owns 395 shares of the specialty retailer’s stock worth $566,000 after purchasing an additional 9 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares of the company’s stock, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares of the company’s stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is owned by company insiders.

O’Reilly Automotive Stock Down 2.9%

NASDAQ ORLY opened at $98.27 on Friday. O’Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71. The firm has a market capitalization of $83.38 billion, a P/E ratio of 34.04, a PEG ratio of 2.67 and a beta of 0.60. The company has a 50-day moving average price of $103.66 and a 200-day moving average price of $96.55.

O’Reilly Automotive (NASDAQ:ORLY) last announced 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. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 190.20%. The firm had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. During the same period in the prior year, the company posted $11.41 earnings per share. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ORLY. Argus began coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They set a “buy” rating and a $120.00 target price for the company. Cowen reiterated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Evercore ISI upped their target price on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 12th. JPMorgan Chase & Co. upped their price target on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, July 21st. Finally, Wells Fargo & Company set a $115.00 price target on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $111.12.

About O’Reilly Automotive

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.