United Asset Strategies Inc. Has $868,000 Stock Holdings in O’Reilly Automotive, Inc. $ORLY

United Asset Strategies Inc. raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,349.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,626 shares of the specialty retailer’s stock after purchasing an additional 8,962 shares during the quarter. United Asset Strategies Inc.’s holdings in O’Reilly Automotive were worth $868,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of ORLY. CWM LLC boosted its position in shares of O’Reilly Automotive by 13.0% in the first quarter. CWM LLC now owns 2,037 shares of the specialty retailer’s stock valued at $2,918,000 after acquiring an additional 234 shares during the period. SBI Securities Co. Ltd. grew its position in shares of O’Reilly Automotive by 16.7% during the 1st quarter. SBI Securities Co. Ltd. now owns 98 shares of the specialty retailer’s stock worth $140,000 after purchasing an additional 14 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of O’Reilly Automotive during the first quarter worth approximately $289,000. Wealthfront Advisers LLC increased its holdings in shares of O’Reilly Automotive by 4.3% during the first quarter. Wealthfront Advisers LLC now owns 8,316 shares of the specialty retailer’s stock worth $11,913,000 after purchasing an additional 346 shares during the period. Finally, Sage Mountain Advisors LLC raised its position in shares of O’Reilly Automotive by 4.4% in the first quarter. Sage Mountain Advisors LLC now owns 519 shares of the specialty retailer’s stock valued at $744,000 after buying an additional 22 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of recent research reports. Wolfe Research began coverage on O’Reilly Automotive in a research note on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective on the stock. Argus assumed coverage on O’Reilly Automotive in a research report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price target on the stock. Royal Bank Of Canada set a $110.00 price objective on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Friday, October 24th. DA Davidson boosted their target price 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. Finally, TD Cowen lifted their price objective on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Nineteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus target price of $111.89.

Insider Transactions at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred 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 sale, the director directly owned 8,125 shares in the company, valued at $752,375. This trade represents a 27.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.01% of the stock is currently owned by company insiders.

O’Reilly Automotive Stock Down 1.1%

NASDAQ ORLY opened at $98.09 on Thursday. The company has a market cap of $83.23 billion, a price-to-earnings ratio of 33.98, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a twelve month low of $78.30 and a twelve month high of $108.71. The business’s fifty day moving average is $101.63 and its 200 day moving average is $97.07.

O’Reilly Automotive (NASDAQ:ORLY) last posted 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. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The firm had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. During the same period last year, the company earned $11.41 earnings per share. The business’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, research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

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.