Tradewinds Capital Management LLC grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,400.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 525 shares of the specialty retailer’s stock after acquiring an additional 490 shares during the period. Tradewinds Capital Management LLC’s holdings in O’Reilly Automotive were worth $47,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC grew its stake in O’Reilly Automotive by 22.3% during the 1st quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer’s stock worth $1,822,000 after purchasing an additional 232 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in O’Reilly Automotive by 16.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock worth $33,227,000 after purchasing an additional 3,272 shares in the last quarter. Kingswood Wealth Advisors LLC grew its stake in O’Reilly Automotive by 34.0% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 445 shares of the specialty retailer’s stock worth $637,000 after purchasing an additional 113 shares in the last quarter. TCI Wealth Advisors Inc. acquired a new position in O’Reilly Automotive during the 1st quarter worth $228,000. Finally, Blue Trust Inc. grew its stake in O’Reilly Automotive by 22.3% during the 1st quarter. Blue Trust Inc. now owns 559 shares of the specialty retailer’s stock worth $801,000 after purchasing an additional 102 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at O’Reilly Automotive
In other news, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the sale, the senior vice president directly owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Maria Sastre sold 595 shares of the business’s 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 sale, the director directly owned 15,935 shares of the company’s stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock valued at $12,740,916 over the last quarter. Company insiders own 1.01% of the company’s stock.
O’Reilly Automotive Price Performance
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. During the same period in the previous year, the business earned $10.55 EPS. The business’s quarterly revenue was up 5.9% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities research analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.
Analysts Set New Price Targets
Several research analysts recently commented on the company. UBS Group reissued a “buy” rating and set a $120.00 target price (up from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday. TD Cowen boosted 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. Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. DA Davidson boosted their target price on O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Finally, Argus began coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $109.12.
Read Our Latest Stock Report on O’Reilly Automotive
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.
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