Quadcap Wealth Management LLC Takes $205,000 Position in O’Reilly Automotive, Inc. $ORLY

Quadcap Wealth Management LLC bought a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 143 shares of the specialty retailer’s stock, valued at approximately $205,000.

A number of other large investors have also recently made changes to their positions in ORLY. Samalin Investment Counsel LLC purchased a new stake in O’Reilly Automotive during the 1st quarter valued at $229,000. PKS Advisory Services LLC bought a new stake in shares of O’Reilly Automotive in the first quarter worth $215,000. Freedom Investment Management Inc. increased its position in O’Reilly Automotive by 4.6% during the first quarter. Freedom Investment Management Inc. now owns 318 shares of the specialty retailer’s stock valued at $455,000 after acquiring an additional 14 shares during the last quarter. RPg Family Wealth Advisory LLC bought a new position in O’Reilly Automotive in the first quarter valued at about $7,983,000. Finally, ICONIQ Capital LLC boosted its position in O’Reilly Automotive by 33.3% in the first quarter. ICONIQ Capital LLC now owns 300 shares of the specialty retailer’s stock worth $430,000 after purchasing an additional 75 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insider Transactions at O’Reilly Automotive

In other news, 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 value of $207,620.00. Following the transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ramon Parises Odems sold 30,000 shares of the firm’s stock in a transaction on Friday, May 30th. The shares were sold at an average price of $90.70, for a total transaction of $2,720,900.00. Following the transaction, the senior vice president directly owned 240 shares of the company’s stock, valued at $21,767.20. The trade was a 99.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 155,635 shares of company stock valued at $15,461,816. 1.01% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several research reports. Argus began coverage on shares of O’Reilly Automotive in a research report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target for the company. Truist Financial boosted their target price on shares of O’Reilly Automotive from $103.00 to $109.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Citigroup increased their price target on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. UBS Group lifted their price target on shares of 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, Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $104.40.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $104.05 on Thursday. The company has a market capitalization of $88.29 billion, a P/E ratio of 37.20, a P/E/G ratio of 2.72 and a beta of 0.56. O’Reilly Automotive, Inc. has a 1-year low of $73.11 and a 1-year high of $104.86. The firm’s 50 day simple moving average is $96.38 and its two-hundred day simple moving average is $92.60.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting the consensus estimate of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same period last year, the firm earned $10.55 EPS. The company’s revenue 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. On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

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.