Eads & Heald Wealth Management Increases Stock Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Eads & Heald Wealth Management increased its stake in O'Reilly Automotive, raising its position by 1,350.3% to own 29,760 shares, now valued at approximately $2.68 million.
• Insider selling was significant, with SVPs selling a total of 125,635 shares valued at $12.74 million in the last quarter.
• O'Reilly Automotive's stock is currently trading at $104.79, a slight decline of 0.2%, with a market capitalization of $88.91 billion.

Eads & Heald Wealth Management grew its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,350.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,760 shares of the specialty retailer's stock after acquiring an additional 27,708 shares during the period. O'Reilly Automotive comprises approximately 1.3% of Eads & Heald Wealth Management's investment portfolio, making the stock its 20th biggest position. Eads & Heald Wealth Management's holdings in O'Reilly Automotive were worth $2,682,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of ORLY. Hennion & Walsh Asset Management Inc. grew its holdings in O'Reilly Automotive by 69.7% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 589 shares of the specialty retailer's stock valued at $844,000 after purchasing an additional 242 shares during the period. Sivia Capital Partners LLC grew its stake in O'Reilly Automotive by 20.7% in the 1st quarter. Sivia Capital Partners LLC now owns 274 shares of the specialty retailer's stock valued at $392,000 after acquiring an additional 47 shares during the period. Wedmont Private Capital increased its holdings in O'Reilly Automotive by 13.1% in the 1st quarter. Wedmont Private Capital now owns 1,036 shares of the specialty retailer's stock worth $1,440,000 after acquiring an additional 120 shares in the last quarter. Bennett Selby Investments LP acquired a new position in O'Reilly Automotive during the first quarter worth $241,000. Finally, Capital Investment Advisors LLC lifted its holdings in O'Reilly Automotive by 6.8% during the first quarter. Capital Investment Advisors LLC now owns 1,983 shares of the specialty retailer's stock valued at $2,842,000 after purchasing an additional 126 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 5,050 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the transaction, the senior vice president owned 2,876 shares of the company's stock, valued at $284,925.32. This trade represents a 63.71% decrease in their position. The sale was disclosed in a filing 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 on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the sale, the senior vice president directly owned 10,305 shares in the company, valued at $1,056,674.70. This represents a 89.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 in the last quarter. Corporate insiders own 1.01% of the company's stock.

O'Reilly Automotive Stock Down 0.2%

NASDAQ:ORLY opened at $104.79 on Monday. The stock's fifty day moving average is $103.61 and its two-hundred day moving average is $95.77. O'Reilly Automotive, Inc. has a 52 week low of $76.10 and a 52 week high of $108.71. The stock has a market capitalization of $88.91 billion, a price-to-earnings ratio of 37.46, a price-to-earnings-growth ratio of 2.77 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate 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 in the previous year, the company posted $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on ORLY. Truist Financial boosted their target price on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. TD Cowen boosted their price objective on O'Reilly Automotive from $112.00 to $125.00 and gave the stock a "buy" rating in a research note on Monday, September 15th. DA Davidson increased their target price on O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a report on Friday, July 25th. Evercore ISI lifted their price target on O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 12th. Finally, Barclays reiterated an "equal weight" rating and set a $86.00 price target on shares of O'Reilly Automotive in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $107.17.

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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