O’Reilly Automotive, Inc. $ORLY Shares Acquired by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. raised its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,378.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,843 shares of the specialty retailer’s stock after purchasing an additional 120,130 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in O’Reilly Automotive were worth $11,613,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of ORLY. Bank of Jackson Hole Trust acquired a new position in O’Reilly Automotive during the 1st quarter valued at approximately $25,000. HWG Holdings LP acquired a new position in O’Reilly Automotive during the 1st quarter valued at approximately $26,000. Oakworth Capital Inc. increased its stake in O’Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 264 shares in the last quarter. HighMark Wealth Management LLC increased its stake 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 purchasing an additional 280 shares in the last quarter. Finally, ORG Partners LLC increased its stake in shares of O’Reilly Automotive by 839.4% in the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 277 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the sale, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the sale, the senior vice president owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 in the last ninety days. Insiders own 1.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ORLY. DA Davidson increased their price objective 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. Guggenheim increased their price objective on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Truist Financial increased their price objective on shares of O’Reilly Automotive from $103.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of O’Reilly Automotive in a research note on Wednesday. Finally, Argus began coverage on shares of O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $107.17.

O’Reilly Automotive Trading Down 1.0%

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

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share 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 during the quarter, compared to analysts’ expectations of $4.54 billion. During the same period last year, the business earned $10.55 earnings per share. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current 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.