Private Wealth Asset Management LLC Acquires 2,163 Shares of O’Reilly Automotive, Inc. $ORLY

Private Wealth Asset Management LLC raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,335.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,325 shares of the specialty retailer’s stock after acquiring an additional 2,163 shares during the quarter. Private Wealth Asset Management LLC’s holdings in O’Reilly Automotive were worth $210,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ORLY. Wealth Enhancement Advisory Services LLC boosted its position in O’Reilly Automotive by 16.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock valued at $33,227,000 after buying an additional 3,272 shares in the last quarter. Vanguard Group Inc. grew its position in O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock worth $7,504,421,000 after acquiring an additional 75,125 shares during the last quarter. Prime Capital Investment Advisors LLC increased its holdings in O’Reilly Automotive by 1,063.1% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock worth $9,724,000 after purchasing an additional 98,616 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in O’Reilly Automotive by 33.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock worth $836,357,000 after purchasing an additional 147,904 shares in the last quarter. Finally, First Merchants Corp raised its position in O’Reilly Automotive by 1,392.2% in the second quarter. First Merchants Corp now owns 102,875 shares of the specialty retailer’s stock valued at $9,272,000 after purchasing an additional 95,981 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Carl David Wilbanks sold 88,485 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the sale, the senior vice president owned 10,305 shares of the company’s stock, valued at $1,056,674.70. This trade represents a 89.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the transaction, the senior vice president owned 12,826 shares in the company, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Down 0.9%

Shares of NASDAQ ORLY opened at $102.12 on Thursday. O’Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71. The firm has a fifty day simple moving average of $103.90 and a 200 day simple moving average of $96.26. The company has a market capitalization of $86.65 billion, a PE ratio of 36.51, a P/E/G ratio of 2.72 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts’ consensus estimates of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The business had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.54 billion. During the same quarter in the prior year, the firm posted $10.55 earnings per share. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Wolfe Research began coverage on O’Reilly Automotive in a research note on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price objective for the company. BMO Capital Markets boosted their target price on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. UBS Group reaffirmed a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday. Argus assumed coverage on shares of O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price objective on the stock. 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. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $109.12.

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.