O’Reilly Automotive, Inc. $ORLY Shares Acquired by Triad Wealth Partners LLC

Triad Wealth Partners LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,510.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,040 shares of the specialty retailer’s stock after buying an additional 4,727 shares during the quarter. Triad Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $454,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in ORLY. Vanguard Group Inc. lifted its stake in shares of O’Reilly Automotive by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after purchasing an additional 75,125 shares during the last quarter. Wellington Management Group LLP increased its position in shares of O’Reilly Automotive by 20.8% during the 1st quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer’s stock worth $2,757,148,000 after purchasing an additional 330,964 shares during the last quarter. Congress Asset Management Co. raised its holdings in O’Reilly Automotive by 1,385.2% in the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer’s stock valued at $142,449,000 after buying an additional 1,474,068 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in O’Reilly Automotive by 1,438.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer’s stock valued at $125,150,000 after buying an additional 1,298,307 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in O’Reilly Automotive by 1,403.1% during the second quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer’s stock worth $69,031,000 after buying an additional 714,953 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. DA Davidson boosted their price target on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Wells Fargo & Company boosted their target price on O’Reilly Automotive from $103.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, July 24th. Guggenheim upped their price target 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. TD Cowen raised their price target on O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Finally, Argus initiated coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $107.17.

O’Reilly Automotive Trading Down 0.2%

NASDAQ:ORLY opened at $104.79 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $76.10 and a 12-month high of $108.71. The firm has a market cap of $88.91 billion, a PE ratio of 37.46, a price-to-earnings-growth ratio of 2.77 and a beta of 0.60. The stock has a fifty day moving average price of $103.61 and a 200 day moving average price of $95.68.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly 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. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.O’Reilly Automotive’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter last year, the company earned $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity

In other news, SVP Shari Lynne Reaves sold 2,000 shares of O’Reilly Automotive 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 completion of the sale, the senior vice president directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock worth $12,740,916 over the last three months. Insiders own 1.01% of the company’s stock.

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.