BOK Financial Private Wealth Inc. Has $707,000 Holdings in O’Reilly Automotive, Inc. $ORLY

BOK Financial Private Wealth Inc. grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,055.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,845 shares of the specialty retailer’s stock after purchasing an additional 7,166 shares during the period. BOK Financial Private Wealth Inc.’s holdings in O’Reilly Automotive were worth $707,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Fidelis Capital Partners LLC increased its stake in shares of O’Reilly Automotive by 1,400.5% in the second quarter. Fidelis Capital Partners LLC now owns 15,170 shares of the specialty retailer’s stock valued at $1,367,000 after buying an additional 14,159 shares during the period. ProShare Advisors LLC increased its position in O’Reilly Automotive by 1,477.9% in the 2nd quarter. ProShare Advisors LLC now owns 1,317,963 shares of the specialty retailer’s stock valued at $118,788,000 after buying an additional 1,234,436 shares in the last quarter. Profund Advisors LLC raised its position in shares of O’Reilly Automotive by 1,558.2% during the second quarter. Profund Advisors LLC now owns 79,644 shares of the specialty retailer’s stock worth $7,178,000 after purchasing an additional 74,841 shares during the period. Summit X LLC raised its holdings in shares of O’Reilly Automotive by 609.1% in the 2nd quarter. Summit X LLC now owns 110,168 shares of the specialty retailer’s stock worth $9,929,000 after acquiring an additional 94,632 shares during the last quarter. Finally, King Luther Capital Management Corp raised its stake in shares of O’Reilly Automotive by 1,379.3% in the second quarter. King Luther Capital Management Corp now owns 2,106,787 shares of the specialty retailer’s stock worth $189,885,000 after purchasing an additional 1,964,366 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Wolfe Research assumed coverage on shares of O’Reilly Automotive in a research report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price target on the stock. The Goldman Sachs Group set a $121.00 price objective on O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday, October 24th. UBS Group reaffirmed a “buy” rating and issued a $120.00 price target (up from $115.00) on shares of O’Reilly Automotive in a report on Wednesday, October 15th. Truist Financial set a $109.00 price objective on shares of O’Reilly Automotive in a research note on Friday, October 24th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average price target of $111.89.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $97.09 on Monday. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71. The firm 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. The firm has a 50 day moving average price of $101.93 and a 200-day moving average price of $96.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The company had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Activity

In related news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares in the company, valued at $752,375. This represents a 27.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 13th. The stock was 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 in the company, valued at $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 92,205 shares of company stock valued at $9,423,501. Insiders own 1.01% of the company’s stock.

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.