Blue Trust Inc. Has $310,000 Stock Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Blue Trust Inc. significantly increased its holdings in O'Reilly Automotive, raising its stock position by 514.3% to 3,434 shares, valued at approximately $310,000 at the end of the second quarter.
• Several institutional investors, including Fourpath Capital and Cyndeo Wealth Partners, also made substantial increases in their positions, reflecting growing confidence in O'Reilly Automotive.
• Wall Street analysts have raised their price targets for O'Reilly Automotive, with estimates ranging from $110.00 to $115.00, suggesting an overall positive outlook on the company's performance.

Blue Trust Inc. increased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 514.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,434 shares of the specialty retailer's stock after purchasing an additional 2,875 shares during the quarter. Blue Trust Inc.'s holdings in O'Reilly Automotive were worth $310,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Fourpath Capital Management LLC increased its position in shares of O'Reilly Automotive by 1,384.8% during the 2nd quarter. Fourpath Capital Management LLC now owns 40,432 shares of the specialty retailer's stock worth $3,644,000 after purchasing an additional 37,709 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its position in shares of O'Reilly Automotive by 1,385.5% during the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 2,555 shares of the specialty retailer's stock worth $230,000 after purchasing an additional 2,383 shares in the last quarter. Monument Capital Management increased its position in shares of O'Reilly Automotive by 1,427.3% during the 2nd quarter. Monument Capital Management now owns 9,271 shares of the specialty retailer's stock worth $836,000 after purchasing an additional 8,664 shares in the last quarter. Cyndeo Wealth Partners LLC increased its position in shares of O'Reilly Automotive by 1,486.9% during the 2nd quarter. Cyndeo Wealth Partners LLC now owns 41,069 shares of the specialty retailer's stock worth $3,702,000 after purchasing an additional 38,481 shares in the last quarter. Finally, L. Roy Papp & Associates LLP increased its position in shares of O'Reilly Automotive by 1,367.1% during the 2nd quarter. L. Roy Papp & Associates LLP now owns 358,181 shares of the specialty retailer's stock worth $32,283,000 after purchasing an additional 333,766 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Activity

In related news, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director owned 15,935 shares of the company's stock, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total transaction of $207,620.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 over the last quarter. 1.01% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ORLY shares. Evercore ISI increased their price objective on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a report on Tuesday, August 12th. BMO Capital Markets increased their price objective on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. DA Davidson increased their price objective on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Cowen reissued a "buy" rating on shares of O'Reilly Automotive in a report on Monday, September 15th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of O'Reilly Automotive in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $107.17.

O'Reilly Automotive Trading Up 0.2%

Shares of NASDAQ ORLY opened at $103.05 on Wednesday. The firm has a market capitalization of $87.44 billion, a PE ratio of 36.84, a price-to-earnings-growth ratio of 2.72 and a beta of 0.60. O'Reilly Automotive, Inc. has a 1 year low of $76.22 and a 1 year high of $108.71. The firm's 50-day moving average is $103.95 and its 200-day moving average is $96.22.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate 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%. The company's revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the firm earned $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

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.

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