GSB Wealth Management LLC Boosts Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• GSB Wealth Management LLC significantly increased its stake in O'Reilly Automotive by 1,255.8% during the second quarter, now owning 29,625 shares valued at approximately $2.67 million.
• O'Reilly Automotive reported $4.53 billion in revenue for the last quarter, marking a 5.9% increase from the previous year, while its EPS met analyst expectations at $0.78.
• Institutional investors control 85% of O'Reilly Automotive's stock, reflecting strong interest and potential influence from large shareholder entities.

GSB Wealth Management LLC raised its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,255.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 29,625 shares of the specialty retailer's stock after purchasing an additional 27,440 shares during the period. GSB Wealth Management LLC's holdings in O'Reilly Automotive were worth $2,670,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in ORLY. Bank of Jackson Hole Trust purchased a new position in O'Reilly Automotive during the 1st quarter valued at about $25,000. HWG Holdings LP purchased a new position in O'Reilly Automotive during the 1st quarter valued at about $26,000. HighMark Wealth Management LLC increased its position in O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock valued at $29,000 after purchasing an additional 13 shares during the period. Elequin Capital LP purchased a new position in O'Reilly Automotive during the 1st quarter valued at about $30,000. Finally, Saudi Central Bank purchased a new position in O'Reilly Automotive during the 1st quarter valued at about $33,000. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Trading Down 0.5%

Shares of NASDAQ ORLY opened at $103.45 on Tuesday. O'Reilly Automotive, Inc. has a 12 month low of $73.33 and a 12 month high of $108.42. The company has a 50 day simple moving average of $101.58 and a two-hundred day simple moving average of $94.71. The stock has a market cap of $87.78 billion, a price-to-earnings ratio of 36.98, a PEG ratio of 2.74 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting the consensus estimate of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The business had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.54 billion. During the same period in the previous year, the business posted $10.55 EPS. The business's quarterly revenue was up 5.9% compared to the same quarter last year. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, 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 transaction of $60,874.45. Following the completion of the sale, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the sale, the senior vice president owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on ORLY. Barclays reissued an "equal weight" rating and set a $86.00 target price on shares of O'Reilly Automotive in a research report on Friday, July 25th. JPMorgan Chase & Co. raised their target price on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Wolfe Research began coverage on shares of O'Reilly Automotive in a research report on Thursday, September 18th. They set an "outperform" rating and a $121.00 target price on the stock. DA Davidson lifted their price objective on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Finally, BMO Capital Markets lifted their price objective on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target 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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