WP Advisors LLC Raises Position in O’Reilly Automotive, Inc. $ORLY

WP Advisors LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,414.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,210 shares of the specialty retailer’s stock after purchasing an additional 2,998 shares during the period. WP Advisors LLC’s holdings in O’Reilly Automotive were worth $289,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in ORLY. Lindbrook Capital LLC raised its stake in shares of O’Reilly Automotive by 2.6% during the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer’s stock worth $448,000 after buying an additional 8 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in O’Reilly Automotive by 1.2% during the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock worth $953,000 after acquiring an additional 8 shares during the period. Journey Strategic Wealth LLC grew its holdings in O’Reilly Automotive by 4.2% during the first quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer’s stock worth $317,000 after acquiring an additional 9 shares during the period. Foundations Investment Advisors LLC raised its position in O’Reilly Automotive by 2.3% in the first quarter. Foundations Investment Advisors LLC now owns 395 shares of the specialty retailer’s stock worth $566,000 after acquiring an additional 9 shares in the last quarter. Finally, Hemington Wealth Management lifted its holdings in O’Reilly Automotive by 4.5% in the first quarter. Hemington Wealth Management now owns 207 shares of the specialty retailer’s stock valued at $296,000 after acquiring an additional 9 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.3%

Shares of ORLY opened at $98.35 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $78.30 and a 12-month high of $108.71. The stock has a market cap of $83.02 billion, a P/E ratio of 34.07, a PEG ratio of 2.48 and a beta of 0.57. The company has a 50-day moving average of $101.49 and a two-hundred day moving average of $97.08.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on ORLY shares. Evercore ISI upped their price target on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 12th. Barclays set a $91.00 price objective on shares of O’Reilly Automotive and gave the stock an “equal weight” rating in a report on Monday, October 27th. Wolfe Research started coverage on shares of O’Reilly Automotive in a research report on Thursday, September 18th. They set an “outperform” rating and a $121.00 target price on the stock. The Goldman Sachs Group set a $121.00 price target on shares of O’Reilly Automotive and gave the company a “buy” rating in a research report on Friday, October 24th. Finally, UBS Group reissued a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Nineteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus price target of $111.89.

Insider Buying and Selling

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the transaction, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.01% of the company’s stock.

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.