O’Reilly Automotive, Inc. $ORLY Shares Purchased by Hantz Financial Services Inc.

Hantz Financial Services Inc. boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,295.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,445 shares of the specialty retailer’s stock after purchasing an additional 48,686 shares during the quarter. Hantz Financial Services Inc.’s holdings in O’Reilly Automotive were worth $4,727,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Arkadios Wealth Advisors increased its stake in O’Reilly Automotive by 1,735.7% in the second quarter. Arkadios Wealth Advisors now owns 11,914 shares of the specialty retailer’s stock valued at $1,074,000 after purchasing an additional 11,265 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in O’Reilly Automotive in the second quarter valued at $140,000. World Investment Advisors increased its stake in O’Reilly Automotive by 1,781.6% in the second quarter. World Investment Advisors now owns 17,386 shares of the specialty retailer’s stock valued at $1,567,000 after purchasing an additional 16,462 shares during the last quarter. Waterfront Wealth Inc. increased its stake in O’Reilly Automotive by 1,425.8% in the second quarter. Waterfront Wealth Inc. now owns 8,697 shares of the specialty retailer’s stock valued at $784,000 after purchasing an additional 8,127 shares during the last quarter. Finally, Wealth Management Associates Inc. increased its stake in O’Reilly Automotive by 1,679.2% in the second quarter. Wealth Management Associates Inc. now owns 4,110 shares of the specialty retailer’s stock valued at $370,000 after purchasing an additional 3,879 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ORLY shares. Wells Fargo & Company set a $115.00 target price on O’Reilly Automotive and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Morgan Stanley upped their price target on O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. The Goldman Sachs Group set a $121.00 price target on O’Reilly Automotive and gave the stock a “buy” rating in a research note on Friday, October 24th. Argus assumed coverage on O’Reilly Automotive in a research note on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target for the company. Finally, Weiss Ratings restated a “buy (b)” rating on shares of O’Reilly Automotive in a research note on Wednesday, October 8th. Eighteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $112.28.

Insider Activity at O’Reilly Automotive

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction dated Wednesday, August 6th. The stock was 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 owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the transaction, the senior vice president directly owned 10,305 shares of the company’s stock, valued at $1,056,674.70. This represents a 89.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 91,080 shares of company stock valued at $9,341,746. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

ORLY stock opened at $95.15 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $76.22 and a 1 year high of $108.71. The firm has a market cap of $80.73 billion, a P/E ratio of 32.96, a price-to-earnings-growth ratio of 2.48 and a beta of 0.60. The stock has a 50-day simple moving average of $102.99 and a 200-day simple moving average of $96.80.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. During the same quarter last year, the firm earned $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. On average, equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.