Genesis Private Wealth LLC Takes $281,000 Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Genesis Private Wealth LLC has acquired a new stake of 3,120 shares, worth approximately $281,000, in O'Reilly Automotive, Inc. during the second quarter.
• Institutional investors own 85.00% of O'Reilly Automotive's stock, with several major investors increasing their stakes dramatically by over 1,400%.
• O'Reilly Automotive reported earnings of $0.78 per share for the latest quarter, meeting analysts' estimates, with revenue slightly below forecast at $4.53 billion.

Genesis Private Wealth LLC acquired a new stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,120 shares of the specialty retailer's stock, valued at approximately $281,000.

Several other large investors also recently added to or reduced their stakes in the company. Clean Yield Group raised its stake in O'Reilly Automotive by 1,400.0% during the 2nd quarter. Clean Yield Group now owns 8,910 shares of the specialty retailer's stock valued at $803,000 after purchasing an additional 8,316 shares during the period. Walker Asset Management LLC increased its stake in shares of O'Reilly Automotive by 1,420.0% in the second quarter. Walker Asset Management LLC now owns 146,574 shares of the specialty retailer's stock worth $13,211,000 after acquiring an additional 136,931 shares during the last quarter. Moody Lynn & Lieberson LLC increased its stake in shares of O'Reilly Automotive by 1,424.4% in the second quarter. Moody Lynn & Lieberson LLC now owns 4,055 shares of the specialty retailer's stock worth $365,000 after acquiring an additional 3,789 shares during the last quarter. Overbrook Management Corp increased its stake in shares of O'Reilly Automotive by 1,449.4% in the second quarter. Overbrook Management Corp now owns 141,999 shares of the specialty retailer's stock worth $12,798,000 after acquiring an additional 132,834 shares during the last quarter. Finally, Peoples Financial Services CORP. raised its holdings in O'Reilly Automotive by 1,400.0% during the second quarter. Peoples Financial Services CORP. now owns 1,500 shares of the specialty retailer's stock valued at $135,000 after buying an additional 1,400 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

O'Reilly Automotive Stock Up 1.5%

ORLY stock opened at $106.10 on Monday. O'Reilly Automotive, Inc. has a twelve month low of $75.91 and a twelve month high of $108.42. The company has a market cap of $90.03 billion, a PE ratio of 37.93, a price-to-earnings-growth ratio of 2.80 and a beta of 0.60. The business's 50-day simple moving average is $102.61 and its 200 day simple moving average is $95.18.

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, hitting analysts' consensus estimates of $0.78. The business had revenue of $4.53 billion for 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%.The firm's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the business earned $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. On average, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on ORLY shares. Truist Financial raised their target price on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a report on Friday, July 25th. Barclays reiterated an "equal weight" rating and issued a $86.00 price objective on shares of O'Reilly Automotive in a research note on Friday, July 25th. Wolfe Research initiated coverage on O'Reilly Automotive in a research note on Thursday, September 18th. They issued an "outperform" rating and a $121.00 price objective on the stock. Citigroup lifted 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. Finally, Argus started coverage on O'Reilly Automotive in a research note on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $107.17.

Insider Buying and Selling

In other O'Reilly Automotive news, 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 sale, the senior vice president directly owned 12,826 shares of the company's stock, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 value of $60,874.45. Following the sale, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock valued at $12,740,916 over the last ninety days. Company insiders own 1.01% of the company's stock.

About O'Reilly Automotive

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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