Stratos Wealth Partners LTD. Has $2.36 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

Stratos Wealth Partners LTD. grew its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,502.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,228 shares of the specialty retailer’s stock after purchasing an additional 24,591 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in O’Reilly Automotive were worth $2,364,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. HWG Holdings LP acquired a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $26,000. Bank of Jackson Hole Trust bought a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $25,000. HighMark Wealth Management LLC boosted its stake in shares of O’Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 13 shares during the period. Elequin Capital LP bought a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $30,000. Finally, Saudi Central Bank bought a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $33,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ORLY shares. Guggenheim lifted their target price on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Royal Bank Of Canada lifted their target price on O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. TD Cowen lifted their target price on O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Evercore ISI lifted their target price on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 12th. Finally, BMO Capital Markets lifted their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $109.12.

O’Reilly Automotive Price Performance

ORLY opened at $101.60 on Monday. The business has a fifty day simple moving average of $103.82 and a 200 day simple moving average of $96.36. The company has a market capitalization of $86.21 billion, a PE ratio of 36.32, a price-to-earnings-growth ratio of 2.68 and a beta of 0.60. O’Reilly Automotive, Inc. has a 1 year low of $76.22 and a 1 year high of $108.71.

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

Insider Transactions at O’Reilly Automotive

In other news, SVP Carl David Wilbanks sold 88,485 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was 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 directly owned 10,305 shares in the company, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 125,635 shares of company stock valued at $12,740,916. Company 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.