O’Reilly Automotive, Inc. $ORLY Shares Acquired by Wealth Alliance LLC

Wealth Alliance LLC raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,300.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 4,567 shares of the specialty retailer’s stock after acquiring an additional 4,241 shares during the period. Wealth Alliance LLC’s holdings in O’Reilly Automotive were worth $412,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Bank of Jackson Hole Trust bought a new stake in O’Reilly Automotive during the first quarter valued at $25,000. Oakworth Capital Inc. lifted its holdings in O’Reilly Automotive by 1,257.1% in the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 264 shares during the last quarter. HighMark Wealth Management LLC boosted its stake in O’Reilly Automotive by 1,400.0% in the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 280 shares during the period. Canton Hathaway LLC grew its holdings in shares of O’Reilly Automotive by 1,400.0% during the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares during the last quarter. Finally, ORG Partners LLC raised its position in shares of O’Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 277 shares during the period. 85.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.01% of the stock is currently owned by insiders.

O’Reilly Automotive Stock Up 0.3%

Shares of NASDAQ ORLY opened at $98.35 on Friday. The stock has a market cap of $83.02 billion, a P/E ratio of 34.07, a P/E/G ratio of 2.48 and a beta of 0.57. The firm’s 50-day simple moving average is $101.49 and its 200 day simple moving average is $97.08. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating the consensus estimate of $0.83 by $0.02. The firm 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%. O’Reilly Automotive’s quarterly revenue was up 7.8% on a year-over-year basis. 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. On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Mizuho set a $112.00 price objective on O’Reilly Automotive in a research note on Monday, October 20th. Barclays set a $91.00 price target on shares of O’Reilly Automotive and gave the stock an “equal weight” rating in a research report on Monday, October 27th. BMO Capital Markets lifted their price objective on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Finally, DA Davidson upped their target price on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Nineteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average price target of $111.89.

O’Reilly Automotive Company 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.