Barlow Wealth Partners Inc. Purchases 6,524 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Barlow Wealth Partners Inc. significantly increased its holdings in O'Reilly Automotive by acquiring 6,524 shares, representing a 1,400.0% increase during the 2nd quarter, bringing their total shares owned to 6,990 valued at approximately $624,000.
• Several other institutional investors also boosted their stakes in O'Reilly Automotive, with notable increases such as HighMark Wealth Management LLC growing its position by 1,400.0% and Oakworth Capital Inc. by 1,257.1%.
• O'Reilly Automotive reported earnings of $0.78 per share for the quarter, meeting analysts' expectations, while its revenue slightly fell short at $4.53 billion against anticipated $4.54 billion.

Barlow Wealth Partners Inc. boosted its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,990 shares of the specialty retailer's stock after purchasing an additional 6,524 shares during the quarter. Barlow Wealth Partners Inc.'s holdings in O'Reilly Automotive were worth $624,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new stake in O'Reilly Automotive during the 1st quarter worth about $25,000. HWG Holdings LP acquired a new position in shares of O'Reilly Automotive in the 1st quarter valued at approximately $26,000. Oakworth Capital Inc. grew its position in shares of O'Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock valued at $26,000 after purchasing an additional 264 shares during the period. HighMark Wealth Management LLC grew its position in shares of O'Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer's stock valued at $27,000 after purchasing an additional 280 shares during the period. Finally, ORG Partners LLC grew its position in shares of O'Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock valued at $28,000 after purchasing an additional 277 shares during the period. 85.00% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Mark Joseph Merz sold 29,505 shares of the firm's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares in the company, valued at approximately $415,990.50. This trade represents a 87.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Maria Sastre sold 595 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the transaction, the director owned 15,935 shares in the company, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock worth $12,740,916 over the last three months. Company insiders own 1.01% of the company's stock.

O'Reilly Automotive Price Performance

ORLY stock opened at $102.12 on Thursday. The stock has a market capitalization of $86.65 billion, a price-to-earnings ratio of 36.51, a PEG ratio of 2.72 and a beta of 0.60. The business's fifty day moving average price is $103.90 and its two-hundred day moving average price is $96.26. O'Reilly Automotive, Inc. has a fifty-two week low of $76.22 and a fifty-two week high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78. The firm had revenue of $4.53 billion for the quarter, compared to analysts' expectations of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The company's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business earned $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Research analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on ORLY. Citigroup boosted their price objective on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, July 25th. TD Cowen boosted their price objective on O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a research report on Monday, September 15th. Royal Bank Of Canada boosted their price objective on O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. UBS Group reiterated a "buy" rating and issued a $120.00 price objective (up from $115.00) on shares of O'Reilly Automotive in a research report on Wednesday. Finally, JPMorgan Chase & Co. upped their price target on O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $109.12.

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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