Steward Partners Investment Advisory LLC Buys 160,339 Shares of O’Reilly Automotive, Inc. $ORLY

Steward Partners Investment Advisory LLC grew its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,494.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 171,065 shares of the specialty retailer’s stock after buying an additional 160,339 shares during the period. Steward Partners Investment Advisory LLC’s holdings in O’Reilly Automotive were worth $15,418,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in ORLY. Geneos Wealth Management Inc. boosted its position in shares of O’Reilly Automotive by 1.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock valued at $953,000 after acquiring an additional 8 shares during the last quarter. Foundations Investment Advisors LLC boosted its position in O’Reilly Automotive by 2.3% during the first quarter. Foundations Investment Advisors LLC now owns 395 shares of the specialty retailer’s stock valued at $566,000 after buying an additional 9 shares during the period. Hemington Wealth Management lifted its position in O’Reilly Automotive by 4.5% in the first quarter. Hemington Wealth Management now owns 207 shares of the specialty retailer’s stock valued at $296,000 after purchasing an additional 9 shares during the last quarter. Exencial Wealth Advisors LLC increased its position in shares of O’Reilly Automotive by 1.4% in the first quarter. Exencial Wealth Advisors LLC now owns 673 shares of the specialty retailer’s stock valued at $964,000 after acquiring an additional 9 shares during the period. Finally, Cynosure Group LLC grew its position in shares of O’Reilly Automotive by 2.7% in the 1st quarter. Cynosure Group LLC now owns 344 shares of the specialty retailer’s stock worth $493,000 after buying an additional 9 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

ORLY has been the topic of a number of research reports. Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Morgan Stanley lifted their price objective on O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Argus began coverage on O’Reilly Automotive in a research report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price objective on the stock. TD Cowen raised their target price on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Finally, Evercore ISI raised their target price on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Nineteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $111.89.

O’Reilly Automotive Trading Down 1.4%

NASDAQ ORLY opened at $99.00 on Tuesday. The stock’s 50 day moving average is $100.47 and its 200 day moving average is $97.46. O’Reilly Automotive, Inc. has a 12 month low of $78.30 and a 12 month high of $108.71. The stock has a market cap of $83.57 billion, a PE ratio of 34.30, a P/E/G ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLY) last posted its 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 period last year, the company posted $11.41 earnings per share. O’Reilly Automotive’s quarterly revenue 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. On average, analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive 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 completion of the transaction, the director 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 through this link. 1.01% of the stock is currently owned by insiders.

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.