Diversify Wealth Management LLC Has $2.25 Million Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• Diversify Wealth Management LLC boosted its stake in O'Reilly Automotive by 833.4% in the fourth quarter, ending with 23,728 shares worth about $2.25 million.
• Other large institutions also made sizable moves in ORLY, and institutional investors now own 85% of the company, underscoring strong Wall Street interest in the stock.
• O'Reilly reported better-than-expected quarterly results with EPS of $0.72 and revenue of $4.56 billion, while analysts remain broadly positive with a Moderate Buy consensus and an average price target of $112.25.

Diversify Wealth Management LLC increased its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 833.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,728 shares of the specialty retailer's stock after buying an additional 21,186 shares during the quarter. Diversify Wealth Management LLC's holdings in O'Reilly Automotive were worth $2,245,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in ORLY. Akre Capital Management LLC raised its stake in O'Reilly Automotive by 989.3% during the 2nd quarter. Akre Capital Management LLC now owns 9,410,714 shares of the specialty retailer's stock worth $848,188,000 after buying an additional 8,546,804 shares during the period. Alphinity Investment Management Pty Ltd acquired a new stake in shares of O'Reilly Automotive in the 3rd quarter valued at about $435,620,000. Rakuten Investment Management Inc. acquired a new stake in shares of O'Reilly Automotive in the 3rd quarter valued at about $365,417,000. Ameriprise Financial Inc. raised its stake in shares of O'Reilly Automotive by 1,316.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,027,830 shares of the specialty retailer's stock valued at $272,871,000 after purchasing an additional 2,814,071 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of O'Reilly Automotive by 1,277.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,346,977 shares of the specialty retailer's stock valued at $211,533,000 after purchasing an additional 2,176,568 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $92.96 on Friday. The stock has a market capitalization of $77.78 billion, a price-to-earnings ratio of 30.38, a PEG ratio of 2.09 and a beta of 0.58. The business has a 50-day moving average of $92.53 and a 200-day moving average of $94.70. O'Reilly Automotive, Inc. has a fifty-two week low of $86.77 and a fifty-two week high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The specialty retailer reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.03. The company had revenue of $4.56 billion during the quarter, compared to analysts' expectations of $4.46 billion. O'Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.O'Reilly Automotive's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter last year, the company earned $9.35 EPS. O'Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. On average, sell-side analysts expect that O'Reilly Automotive, Inc. will post 3.24 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ORLY. Roth Mkm reissued a "buy" rating and issued a $109.00 price target on shares of O'Reilly Automotive in a research note on Monday. Wells Fargo & Company reissued an "overweight" rating and issued a $110.00 price target (up from $105.00) on shares of O'Reilly Automotive in a research note on Thursday, April 30th. Weiss Ratings reissued a "buy (b-)" rating on shares of O'Reilly Automotive in a research note on Monday, April 27th. Citigroup reissued a "buy" rating and issued a $115.00 price target (up from $110.00) on shares of O'Reilly Automotive in a research note on Friday, May 1st. Finally, Truist Financial set a $108.00 price target on O'Reilly Automotive in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, O'Reilly Automotive presently has a consensus rating of "Moderate Buy" and an average price target of $112.25.

O'Reilly Automotive Profile

O'Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company's product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O'Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.