Signature Estate & Investment Advisors LLC Decreases Position in O’Reilly Automotive, Inc. $ORLY

Signature Estate & Investment Advisors LLC reduced its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 55.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 13,437 shares of the specialty retailer’s stock after selling 16,700 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in O’Reilly Automotive were worth $1,211,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of ORLY. Bank of Jackson Hole Trust purchased a new stake in shares of O’Reilly Automotive during the 1st quarter worth $25,000. HWG Holdings LP purchased a new stake in shares of O’Reilly Automotive during the 1st quarter worth $26,000. Oakworth Capital Inc. lifted its position in shares of O’Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 264 shares during the last quarter. HighMark Wealth Management LLC lifted its position in shares of 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 worth $27,000 after purchasing an additional 280 shares during the last quarter. Finally, ORG Partners LLC lifted its position in shares of O’Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 277 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 29,505 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total value of $2,898,866.25. Following the transaction, the senior vice president directly owned 4,234 shares in the company, valued at approximately $415,990.50. The trade was a 87.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive stock in a transaction on 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 completion of the transaction, the senior vice president owned 10,305 shares in the company, 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. In the last three months, insiders have sold 125,635 shares of company stock valued at $12,740,916. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $101.60 on Monday. The firm has a market cap of $86.21 billion, a PE ratio of 36.32, a P/E/G ratio of 2.68 and a beta of 0.60. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The firm’s fifty day moving average is $103.82 and its two-hundred day moving average is $96.36.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 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 net margin of 14.15% and a negative return on equity of 181.53%. O’Reilly Automotive’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the business posted $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on ORLY. Weiss Ratings reaffirmed a “buy (b)” rating on shares of O’Reilly Automotive in a research report on Wednesday, October 8th. Citigroup lifted 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 note on Friday, July 25th. Argus initiated coverage on shares of O’Reilly Automotive in a research report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price target for the company. 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 report on Friday, July 25th. Finally, BMO Capital Markets boosted their price target on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $109.12.

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.