Exencial Wealth Advisors LLC Has $923,000 Stock Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• Exencial Wealth Advisors LLC has significantly increased its holdings in O'Reilly Automotive, owning 10,240 shares valued at $923,000 after a 1,421.5% increase in the second quarter.
• O'Reilly Automotive reported quarterly earnings of $0.85 per share, surpassing analysts' expectations of $0.83, along with a revenue of $4.71 billion for the quarter.
• Several analysts have raised their price targets for O'Reilly Automotive, with Morgan Stanley increasing it from $105.00 to $115.00 and highlighting an "overweight" rating.

Exencial Wealth Advisors LLC increased its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,421.5% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,240 shares of the specialty retailer's stock after purchasing an additional 9,567 shares during the quarter. Exencial Wealth Advisors LLC's holdings in O'Reilly Automotive were worth $923,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ORLY. Bank of Jackson Hole Trust acquired a new stake in shares of O'Reilly Automotive during the first quarter worth $25,000. HighMark Wealth Management LLC raised its position in O'Reilly Automotive by 185.7% in the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock valued at $29,000 after buying an additional 13 shares during the last quarter. Elequin Capital LP bought a new position in shares of O'Reilly Automotive in the 1st quarter valued at about $30,000. Saudi Central Bank acquired a new position in shares of O'Reilly Automotive during the 1st quarter worth approximately $33,000. Finally, Accredited Wealth Management LLC acquired a new stake in shares of O'Reilly Automotive in the 1st quarter valued at approximately $42,000. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Down 2.9%

Shares of NASDAQ:ORLY opened at $98.27 on Friday. O'Reilly Automotive, Inc. has a 12-month low of $76.22 and a 12-month high of $108.71. The company's 50 day moving average price is $103.66 and its two-hundred day moving average price is $96.55. The firm has a market cap of $83.38 billion, a PE ratio of 34.04, a PEG ratio of 2.67 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. O'Reilly Automotive had a net margin of 14.23% and a negative return on equity of 190.20%. The firm's quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business earned $11.41 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, research analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the company's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the sale, the senior vice president owned 12,826 shares of the company's stock, valued at $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Mark Joseph Merz sold 5,050 shares of the firm's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total transaction of $500,303.50. Following the completion of the transaction, the senior vice president directly owned 2,876 shares in the company, valued at approximately $284,925.32. This represents a 63.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ORLY shares. Morgan Stanley raised their price target on O'Reilly Automotive from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Thursday. BMO Capital Markets raised their target price on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Barclays reaffirmed an "equal weight" rating and set a $86.00 target price on shares of O'Reilly Automotive 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, Evercore ISI raised their price objective on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, O'Reilly Automotive currently has an average rating of "Moderate Buy" and a consensus price target of $111.12.

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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