SVB Wealth LLC Has $1.63 Million Stake in O’Reilly Automotive, Inc. $ORLY

SVB Wealth LLC lifted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,094.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 18,090 shares of the specialty retailer’s stock after buying an additional 16,575 shares during the period. SVB Wealth LLC’s holdings in O’Reilly Automotive were worth $1,630,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Elequin Capital LP bought a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $30,000. Saudi Central Bank acquired a new stake in shares of O’Reilly Automotive in the 1st quarter valued at about $33,000. Accredited Wealth Management LLC bought a new position in O’Reilly Automotive in the first quarter worth approximately $42,000. SouthState Corp acquired a new stake in O’Reilly Automotive in the first quarter valued at approximately $73,000. Finally, Greenline Partners LLC raised its position in shares of O’Reilly Automotive by 18.2% during the first quarter. Greenline Partners LLC now owns 65 shares of the specialty retailer’s stock worth $93,000 after purchasing an additional 10 shares during the period. Institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Friday, October 24th. Mizuho set a $112.00 price target on O’Reilly Automotive in a research report on Monday, October 20th. Cowen reiterated a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. TD Cowen boosted their price target on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Finally, The Goldman Sachs Group set a $121.00 price objective on O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average target price of $112.05.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the transaction, the director directly owned 8,125 shares of the company’s stock, valued at approximately $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the transaction, the senior vice president directly owned 28 shares in the company, valued at approximately $2,836.68. This represents a 98.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,980 shares of company stock valued at $882,335 over the last 90 days. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Trading Down 0.8%

O’Reilly Automotive stock opened at $98.11 on Tuesday. The firm has a market capitalization of $82.81 billion, a PE ratio of 33.99, a price-to-earnings-growth ratio of 2.33 and a beta of 0.61. O’Reilly Automotive, Inc. has a 1-year low of $78.30 and a 1-year high of $108.71. The firm’s 50 day simple moving average is $99.57 and its 200 day simple moving average is $98.12.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The firm had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. During the same quarter last year, the firm posted $11.41 EPS. The company’s revenue was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

O’Reilly Automotive 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.