Baldwin Wealth Partners LLC MA Purchases 5,838 Shares of O’Reilly Automotive, Inc. $ORLY

Baldwin Wealth Partners LLC MA boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,255 shares of the specialty retailer’s stock after purchasing an additional 5,838 shares during the period. Baldwin Wealth Partners LLC MA’s holdings in O’Reilly Automotive were worth $564,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new position in O’Reilly Automotive in the 1st quarter worth about $25,000. HWG Holdings LP bought a new position in O’Reilly Automotive in the 1st quarter worth about $26,000. Oakworth Capital Inc. grew its stake in O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 264 shares in the last quarter. HighMark Wealth Management LLC grew its stake in O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 280 shares in the last quarter. Finally, ORG Partners LLC grew its stake in O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 277 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on ORLY shares. TD Cowen upped their target price on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Argus began coverage on shares of O’Reilly Automotive in a research note on Wednesday, August 13th. They set a “buy” rating and a $120.00 price objective on the stock. BMO Capital Markets increased their price objective on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. DA Davidson increased their price objective on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Finally, Guggenheim increased their price objective on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, July 25th. 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. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $107.17.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the firm’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 completion of the transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the firm’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 transaction, the senior vice president directly owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 125,635 shares of company stock worth $12,740,916. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Down 1.0%

NASDAQ:ORLY opened at $99.72 on Friday. The firm has a 50 day moving average of $103.84 and a 200 day moving average of $96.00. The stock has a market capitalization of $84.61 billion, a price-to-earnings ratio of 35.65, a PEG ratio of 2.66 and a beta of 0.60. O’Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71.

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