Pathway Financial Advisors LLC Increases Stake in O’Reilly Automotive, Inc. $ORLY

Pathway Financial Advisors LLC increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 370.7% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,250 shares of the specialty retailer’s stock after purchasing an additional 1,772 shares during the period. Pathway Financial Advisors LLC’s holdings in O’Reilly Automotive were worth $203,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HWG Holdings LP bought a new stake in O’Reilly Automotive during the 1st quarter valued at $26,000. Bank of Jackson Hole Trust bought a new stake in O’Reilly Automotive during the 1st quarter valued at $25,000. HighMark Wealth Management LLC raised its holdings in O’Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 13 shares during the last quarter. Elequin Capital LP bought a new stake in O’Reilly Automotive during the 1st quarter valued at $30,000. Finally, Saudi Central Bank bought a new stake in O’Reilly Automotive during the 1st quarter valued at $33,000. 85.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director Maria Sastre sold 595 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of the stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the completion of the transaction, the senior vice president owned 4,234 shares of the company’s stock, valued at approximately $415,990.50. The trade was a 87.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 in the last quarter. 1.01% of the stock is owned by insiders.

Analysts Set New Price Targets

ORLY has been the subject of a number of recent analyst reports. BMO Capital Markets upped their price target on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Truist Financial upped their price target on shares of O’Reilly Automotive from $103.00 to $109.00 and gave the company a “buy” rating in a report on Friday, July 25th. JPMorgan Chase & Co. upped their price objective on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, July 21st. Wolfe Research began coverage on shares of O’Reilly Automotive in a report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price objective for the company. Finally, TD Cowen upped their price objective on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $107.17.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $102.15 on Monday. The company has a 50-day moving average of $103.90 and a 200 day moving average of $96.11. The firm has a market cap of $86.67 billion, a price-to-earnings ratio of 36.52, a PEG ratio of 2.70 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 issued its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. O’Reilly Automotive’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business earned $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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.