Kingswood Wealth Advisors LLC Buys 5,356 Shares of O’Reilly Automotive, Inc. $ORLY

Kingswood Wealth Advisors LLC grew its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,203.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 5,801 shares of the specialty retailer’s stock after purchasing an additional 5,356 shares during the period. Kingswood Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $523,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORLY. Portside Wealth Group LLC bought a new stake in O’Reilly Automotive during the 1st quarter worth approximately $222,000. GAMMA Investing LLC boosted its stake in shares of O’Reilly Automotive by 22.3% in the 1st quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer’s stock worth $1,822,000 after buying an additional 232 shares during the last quarter. Simplicity Wealth LLC purchased a new position in shares of O’Reilly Automotive in the 1st quarter worth approximately $343,000. MV Capital Management Inc. boosted its stake in shares of O’Reilly Automotive by 175.9% in the 1st quarter. MV Capital Management Inc. now owns 149 shares of the specialty retailer’s stock worth $213,000 after buying an additional 95 shares during the last quarter. Finally, Focus Financial Network Inc. boosted its stake in shares of O’Reilly Automotive by 3.0% in the 1st quarter. Focus Financial Network Inc. now owns 519 shares of the specialty retailer’s stock worth $744,000 after buying an additional 15 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on ORLY shares. JPMorgan Chase & Co. boosted their target price on O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research note on Monday, July 21st. Argus started coverage on O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 target price on the stock. Guggenheim boosted their target price on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. UBS Group boosted their target price on O’Reilly Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Finally, Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $107.17.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the sale, the director owned 15,935 shares of the company’s stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the sale, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is owned by insiders.

O’Reilly Automotive Trading Down 1.0%

O’Reilly Automotive stock opened at $99.72 on Friday. The business’s 50 day simple moving average is $103.84 and its 200 day simple moving average is $96.00. O’Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The company has a market cap of $84.61 billion, a price-to-earnings ratio of 35.65, a PEG ratio of 2.66 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The business had revenue of $4.53 billion for the quarter, compared to analysts’ expectations of $4.54 billion. During the same quarter in the previous year, the firm posted $10.55 EPS. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

O’Reilly Automotive Company 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.