Brookstone Capital Management Buys 117,548 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Brookstone Capital Management increased its stake in O'Reilly Automotive by 1,825.3%, acquiring 117,548 additional shares, bringing its total holdings to approximately $11.18 million.
• Multiple hedge funds, including Vanguard and William Blair Investment Management, also significantly boosted their stakes in O'Reilly, indicating strong institutional interest in the stock.
• O'Reilly Automotive recently reported a quarterly EPS of $0.85, surpassing analysts' expectations, and set its FY 2025 guidance at between 2.900-3.000 EPS.

Brookstone Capital Management raised its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,825.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 123,988 shares of the specialty retailer's stock after purchasing an additional 117,548 shares during the period. Brookstone Capital Management's holdings in O'Reilly Automotive were worth $11,175,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in shares of O'Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock worth $7,504,421,000 after acquiring an additional 75,125 shares during the period. William Blair Investment Management LLC boosted its stake in shares of O'Reilly Automotive by 1,269.2% in the second quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer's stock worth $319,428,000 after acquiring an additional 3,285,249 shares during the period. TD Asset Management Inc boosted its stake in shares of O'Reilly Automotive by 1,214.0% in the second quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer's stock worth $194,567,000 after acquiring an additional 1,994,449 shares during the period. Wellington Management Group LLP boosted its stake in shares of O'Reilly Automotive by 20.8% in the first quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock worth $2,757,148,000 after acquiring an additional 330,964 shares during the period. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in shares of O'Reilly Automotive by 1,052.9% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock worth $155,240,000 after acquiring an additional 1,573,010 shares during the period. Institutional investors own 85.00% of the company's stock.

Insider Buying and Selling

In other O'Reilly Automotive news, Director Maria Sastre sold 595 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the sale, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Carl David Wilbanks sold 88,485 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the sale, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade 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. 1.01% of the stock is currently owned by company insiders.

O'Reilly Automotive Trading Down 0.1%

NASDAQ:ORLY opened at $101.21 on Thursday. The company has a market capitalization of $85.88 billion, a P/E ratio of 36.18, a P/E/G ratio of 2.68 and a beta of 0.60. O'Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The business's 50-day moving average is $103.73 and its 200 day moving average is $96.48.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.02. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. During the same period in the prior year, the business posted $11.41 earnings per share. The company's quarterly 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. On average, research analysts forecast that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company set a $115.00 price objective on O'Reilly Automotive and gave the stock an "overweight" rating in a research note on Wednesday, October 15th. Citigroup upped their price objective on O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. BMO Capital Markets upped their price objective on O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Cowen reaffirmed a "buy" rating on shares of O'Reilly Automotive in a research note on Monday, September 15th. Finally, Truist Financial boosted their target price 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. One equities 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. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $110.04.

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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