Capital Advisors Inc. OK Purchases New Shares in O’Reilly Automotive, Inc. $ORLY

Capital Advisors Inc. OK purchased a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,050 shares of the specialty retailer’s stock, valued at approximately $275,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORLY. Belpointe Asset Management LLC raised its stake in shares of O’Reilly Automotive by 1,079.0% in the second quarter. Belpointe Asset Management LLC now owns 2,523 shares of the specialty retailer’s stock worth $227,000 after acquiring an additional 2,309 shares during the last quarter. Eads & Heald Wealth Management increased its holdings in shares of O’Reilly Automotive by 1,350.3% in the second quarter. Eads & Heald Wealth Management now owns 29,760 shares of the specialty retailer’s stock valued at $2,682,000 after purchasing an additional 27,708 shares in the last quarter. Appleton Partners Inc. MA raised its position in O’Reilly Automotive by 1,397.8% in the 2nd quarter. Appleton Partners Inc. MA now owns 4,134 shares of the specialty retailer’s stock worth $373,000 after purchasing an additional 3,858 shares during the last quarter. Valeo Financial Advisors LLC lifted its holdings in O’Reilly Automotive by 1,406.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 19,389 shares of the specialty retailer’s stock worth $1,747,000 after buying an additional 18,102 shares in the last quarter. Finally, Vantage Investment Partners LLC lifted its holdings in O’Reilly Automotive by 1,456.7% during the 2nd quarter. Vantage Investment Partners LLC now owns 476,490 shares of the specialty retailer’s stock worth $42,946,000 after buying an additional 445,881 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ORLY shares. Royal Bank Of Canada lifted their target price on O’Reilly Automotive from $98.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. upped their target price on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, July 21st. Barclays reaffirmed an “equal weight” rating and issued a $86.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 25th. Truist Financial boosted their price target on shares of O’Reilly Automotive from $103.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Finally, TD Cowen raised 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. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $107.17.

Insiders Place Their Bets

In other news, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director owned 15,935 shares in the company, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 125,635 shares of company stock valued at $12,740,916. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $103.30 on Tuesday. O’Reilly Automotive, Inc. has a 52-week low of $76.22 and a 52-week high of $108.71. The stock has a market cap of $87.65 billion, a P/E ratio of 36.93, a P/E/G ratio of 2.77 and a beta of 0.60. The firm has a 50 day moving average price of $103.73 and a 200 day moving average price of $95.86.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. During the same period last year, the business posted $10.55 earnings per share. The business’s revenue for the quarter 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. Analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

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.