O’Reilly Automotive, Inc. $ORLY Stock Holdings Increased by RWA Wealth Partners LLC

RWA Wealth Partners LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,391.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 132,307 shares of the specialty retailer’s stock after purchasing an additional 123,433 shares during the period. RWA Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $11,925,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ORLY. Bank of New York Mellon Corp lifted its holdings in shares of O’Reilly Automotive by 1,317.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock valued at $1,590,894,000 after buying an additional 16,406,181 shares during the last quarter. Jennison Associates LLC raised its position in O’Reilly Automotive by 1,820.9% during the second quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock valued at $1,272,363,000 after acquiring an additional 13,382,074 shares in the last quarter. Vanguard Group Inc. lifted its stake in O’Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after acquiring an additional 75,125 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of O’Reilly Automotive by 1,558.2% in the 2nd quarter. Bessemer Group Inc. now owns 4,356,249 shares of the specialty retailer’s stock valued at $392,630,000 after purchasing an additional 4,093,545 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in O’Reilly Automotive by 1,388.0% in the second quarter. Envestnet Asset Management Inc. now owns 3,853,598 shares of the specialty retailer’s stock worth $347,325,000 after purchasing an additional 3,594,612 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 news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the sale, the director directly owned 8,125 shares in the company, valued at $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maria Sastre sold 595 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director owned 15,935 shares of the company’s stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 92,205 shares of company stock valued at $9,423,501 in the last 90 days. 1.01% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. UBS Group reiterated a “buy” rating and issued a $120.00 target price (up from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. BMO Capital Markets raised their price target on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Argus started coverage on O’Reilly Automotive in a research report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price objective for the company. Finally, Mizuho set a $112.00 target price on shares of O’Reilly Automotive in a research report on Monday, October 20th. Nineteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus target price of $111.89.

O’Reilly Automotive Trading Up 2.2%

NASDAQ:ORLY opened at $97.09 on Friday. The stock has a 50-day moving average price of $101.93 and a two-hundred day moving average price of $96.88. O’Reilly Automotive, Inc. has a 1 year low of $78.30 and a 1 year high of $108.71. The stock has a market cap of $82.38 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The company had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. During the same quarter in the prior year, the company earned $11.41 earnings per share. The business’s quarterly revenue 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. Sell-side analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share 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.