Atria Investments Inc Increases Holdings in O’Reilly Automotive, Inc. $ORLY

Atria Investments Inc increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,231.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 61,797 shares of the specialty retailer’s stock after buying an additional 57,156 shares during the quarter. Atria Investments Inc’s holdings in O’Reilly Automotive were worth $5,570,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Savvy Advisors Inc. grew its stake in O’Reilly Automotive by 1,929.8% during the 2nd quarter. Savvy Advisors Inc. now owns 4,973 shares of the specialty retailer’s stock worth $448,000 after buying an additional 4,728 shares during the last quarter. Live Oak Private Wealth LLC grew its stake in O’Reilly Automotive by 1,574.4% during the 2nd quarter. Live Oak Private Wealth LLC now owns 16,275 shares of the specialty retailer’s stock worth $1,467,000 after buying an additional 15,303 shares during the last quarter. Retirement Systems of Alabama grew its stake in O’Reilly Automotive by 1,385.0% during the 2nd quarter. Retirement Systems of Alabama now owns 183,431 shares of the specialty retailer’s stock worth $16,533,000 after buying an additional 171,079 shares during the last quarter. Fortune 45 LLC grew its stake in O’Reilly Automotive by 1,609.7% during the 2nd quarter. Fortune 45 LLC now owns 6,685 shares of the specialty retailer’s stock worth $603,000 after buying an additional 6,294 shares during the last quarter. Finally, Assetmark Inc. increased its position in O’Reilly Automotive by 1,501.4% in the 2nd quarter. Assetmark Inc. now owns 373,697 shares of the specialty retailer’s stock valued at $33,681,000 after acquiring an additional 350,362 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on ORLY shares. Wolfe Research started coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price target on the stock. Mizuho set a $112.00 price target on O’Reilly Automotive in a research report on Monday, October 20th. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Friday. Citigroup boosted their price target on O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Finally, Royal Bank Of Canada set a $110.00 price target on O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, October 24th. Eighteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $112.28.

O’Reilly Automotive Price Performance

ORLY opened at $94.44 on Friday. The business has a 50 day simple moving average of $102.83 and a 200-day simple moving average of $96.82. The stock has a market capitalization of $80.13 billion, a P/E ratio of 32.72, a P/E/G ratio of 2.48 and a beta of 0.60. O’Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last posted 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. The business had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the firm earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling

In related news, Director Maria Sastre sold 595 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the sale, the director owned 15,935 shares in the company, valued at $1,630,309.85. This represents a 3.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the sale, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 91,080 shares of company stock worth $9,341,746 in the last quarter. Company insiders own 1.01% of the company’s stock.

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.