Brighton Jones LLC Boosts Stock Holdings in O’Reilly Automotive, Inc. $ORLY

Brighton Jones LLC grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,401.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,188 shares of the specialty retailer’s stock after purchasing an additional 8,576 shares during the quarter. Brighton Jones LLC’s holdings in O’Reilly Automotive were worth $828,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bank of Jackson Hole Trust purchased a new position in shares of O’Reilly Automotive during the 1st quarter valued at approximately $25,000. Elequin Capital LP purchased a new stake in O’Reilly Automotive in the 1st quarter worth $30,000. Saudi Central Bank purchased a new stake in O’Reilly Automotive in the 1st quarter worth $33,000. Accredited Wealth Management LLC purchased a new stake in O’Reilly Automotive in the 1st quarter worth $42,000. Finally, Vestor Capital LLC purchased a new stake in O’Reilly Automotive in the 1st quarter worth $43,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the company’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following 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 transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Maria Sastre sold 595 shares of the company’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction 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. The trade was a 3.60% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 91,080 shares of company stock valued at $9,341,746. 1.01% of the stock is currently owned by insiders.

O’Reilly Automotive Trading Up 0.5%

Shares of ORLY stock opened at $96.30 on Wednesday. The company’s 50-day moving average price is $103.33 and its 200-day moving average price is $96.80. The stock has a market cap of $81.71 billion, a price-to-earnings ratio of 33.36, a PEG ratio of 2.52 and a beta of 0.60. O’Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.02. The firm had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The company’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Wells Fargo & Company set a $115.00 price target on shares of O’Reilly Automotive and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Barclays set a $91.00 price target on shares of O’Reilly Automotive and gave the stock an “equal weight” rating in a report on Monday. Morgan Stanley lifted their target price on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. lifted their target price on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research note on Monday, July 21st. Finally, TD Cowen lifted 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. Eighteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $112.28.

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.