Alpha Financial Partners LLC Purchases 3,198 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Alpha Financial Partners LLC significantly increased its holdings in O'Reilly Automotive, purchasing an additional 3,198 shares and raising its position by 1,402.6% in the second quarter.
• Several other large investors also initiated or increased their stakes in O'Reilly Automotive, with institutional investors owning 85.00% of the company’s stock.
• O'Reilly Automotive's stock received positive analyst ratings, with targets raised by several firms, indicating strong investor confidence, alongside a consensus rating of "Buy" and an average target price of $107.17.

Alpha Financial Partners LLC grew its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,402.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,426 shares of the specialty retailer's stock after buying an additional 3,198 shares during the period. Alpha Financial Partners LLC's holdings in O'Reilly Automotive were worth $309,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. HWG Holdings LP bought a new position in O'Reilly Automotive during the 1st quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in O'Reilly Automotive during the 1st quarter worth $25,000. HighMark Wealth Management LLC increased its position in O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after buying an additional 13 shares during the period. Elequin Capital LP bought a new position in O'Reilly Automotive during the 1st quarter worth $30,000. Finally, Saudi Central Bank bought a new position in O'Reilly Automotive during the 1st quarter worth $33,000. Institutional investors own 85.00% of the company's stock.

Insider Transactions at O'Reilly Automotive

In other news, SVP Mark Joseph Merz sold 5,050 shares of O'Reilly Automotive stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total transaction of $500,303.50. Following the sale, the senior vice president directly owned 2,876 shares of the company's stock, valued at approximately $284,925.32. This trade represents a 63.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 value of $207,620.00. Following the sale, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 125,635 shares of company stock valued at $12,740,916. Company insiders own 1.01% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on ORLY shares. Argus started coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price target on the stock. Truist Financial raised their price target on O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Wolfe Research started coverage on O'Reilly Automotive in a research report on Thursday, September 18th. They issued an "outperform" rating and a $121.00 price target on the stock. BMO Capital Markets raised their price target on O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Finally, Evercore ISI raised their price target on O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $107.17.

O'Reilly Automotive Stock Up 2.4%

NASDAQ:ORLY opened at $102.15 on Friday. The stock's 50-day simple moving average is $103.90 and its 200 day simple moving average is $96.10. The firm has a market capitalization of $86.67 billion, a PE ratio of 36.52, a price-to-earnings-growth ratio of 2.70 and a beta of 0.60. O'Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. The business 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 was up 5.9% compared to the same quarter last year. During the same period last year, the firm posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal 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.

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