CFM Wealth Partners LLC Acquires 128,599 Shares of O’Reilly Automotive, Inc. $ORLY

CFM Wealth Partners LLC increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,434.9% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 137,561 shares of the specialty retailer’s stock after purchasing an additional 128,599 shares during the period. O’Reilly Automotive makes up about 2.0% of CFM Wealth Partners LLC’s holdings, making the stock its 12th biggest holding. CFM Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $12,398,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in ORLY. Bank of Jackson Hole Trust purchased a new stake in O’Reilly Automotive during the first quarter valued at about $25,000. HWG Holdings LP purchased a new position in shares of O’Reilly Automotive in the first quarter worth about $26,000. Oakworth Capital Inc. lifted its stake in shares of O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 264 shares during the last quarter. HighMark Wealth Management LLC boosted its holdings in O’Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 280 shares during the period. Finally, ORG Partners LLC boosted its holdings in O’Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after acquiring an additional 277 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 5,050 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total transaction of $500,303.50. Following the sale, the senior vice president directly owned 2,876 shares of the company’s stock, valued at approximately $284,925.32. The trade was a 63.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 transaction, the director owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Truist Financial lifted their price target on O’Reilly Automotive from $103.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. DA Davidson lifted their target price on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Cowen reiterated a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. BMO Capital Markets raised their price target on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Finally, Guggenheim boosted their price objective on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Buy” and a consensus price target of $107.17.

O’Reilly Automotive Stock Down 1.4%

NASDAQ:ORLY opened at $103.30 on Tuesday. The firm’s fifty day simple moving average is $103.73 and its 200 day simple moving average is $95.86. The stock has a market cap of $87.65 billion, a P/E ratio of 36.93, a price-to-earnings-growth ratio of 2.77 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 posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. The firm had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.54 billion. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company posted $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

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.