Cascade Financial Partners LLC Acquires 2,989 Shares of O’Reilly Automotive, Inc. $ORLY

Cascade Financial Partners LLC lifted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,396.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,203 shares of the specialty retailer’s stock after acquiring an additional 2,989 shares during the period. Cascade Financial Partners LLC’s holdings in O’Reilly Automotive were worth $289,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Bank of Jackson Hole Trust bought a new position in O’Reilly Automotive in the 1st quarter worth about $25,000. Elequin Capital LP purchased a new stake in shares of O’Reilly Automotive in the first quarter worth about $30,000. Saudi Central Bank bought a new position in shares of O’Reilly Automotive in the first quarter valued at approximately $33,000. Accredited Wealth Management LLC purchased a new position in O’Reilly Automotive during the first quarter valued at approximately $42,000. Finally, Vestor Capital LLC bought a new stake in O’Reilly Automotive during the 1st quarter worth approximately $43,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Trading Up 1.1%

Shares of O’Reilly Automotive stock opened at $99.22 on Wednesday. The firm has a market capitalization of $84.19 billion, a PE ratio of 34.37, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a 12 month low of $78.30 and a 12 month high of $108.71. The business’s 50-day moving average price is $101.74 and its 200-day moving average price is $97.06.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate 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 in the prior year, the firm earned $11.41 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on ORLY. DA Davidson boosted their price target on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Barclays set a $91.00 price objective on O’Reilly Automotive and gave the company an “equal weight” rating in a research note on Monday, October 27th. Raymond James Financial upgraded O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 target price on the stock in a research note on Wednesday, November 5th. UBS Group reiterated a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Finally, The Goldman Sachs Group set a $121.00 price objective on O’Reilly Automotive and gave the stock a “buy” rating in a report on Friday, October 24th. Nineteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $111.89.

Insider Activity

In related news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the transaction, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. This trade represents a 27.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.01% of the company’s stock.

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.