KFG Wealth Management LLC Raises Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• KFG Wealth Management LLC significantly increased its stake in O'Reilly Automotive by 1,475.8%, owning shares worth $650,000 after purchasing 6,759 additional shares.
• O'Reilly Automotive reported revenue of $4.53 billion for the last quarter, slightly below analyst estimates, but with a 5.9% year-over-year revenue increase.
• Analyst sentiment on O'Reilly Automotive remains positive, with multiple firms raising their price targets and a consensus rating of "Buy" among analysts.

KFG Wealth Management LLC raised its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,475.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,217 shares of the specialty retailer's stock after acquiring an additional 6,759 shares during the period. KFG Wealth Management LLC's holdings in O'Reilly Automotive were worth $650,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of O'Reilly Automotive by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock valued at $7,504,421,000 after purchasing an additional 75,125 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of O'Reilly Automotive by 20.8% in the 1st quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock valued at $2,757,148,000 after acquiring an additional 330,964 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of O'Reilly Automotive by 175,115.6% in the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after purchasing an additional 1,821,202 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of O'Reilly Automotive by 1,403.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 765,910 shares of the specialty retailer's stock valued at $69,031,000 after purchasing an additional 714,953 shares during the period. Finally, Amundi lifted its holdings in O'Reilly Automotive by 4.7% during the first quarter. Amundi now owns 734,322 shares of the specialty retailer's stock valued at $1,058,345,000 after purchasing an additional 32,917 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ORLY has been the subject of several research analyst reports. Citigroup increased their target price on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Guggenheim boosted their price objective on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. BMO Capital Markets boosted their target price on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. 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. Finally, Truist Financial increased their target price on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $107.17.

Insider Buying and Selling

In related news, SVP Carl David Wilbanks sold 88,485 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the transaction, the senior vice president directly owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. This represents a 89.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 125,635 shares of company stock worth $12,740,916. Corporate insiders own 1.01% of the company's stock.

O'Reilly Automotive Trading Down 0.5%

Shares of ORLY traded down $0.48 during trading hours on Monday, hitting $103.45. 4,969,688 shares of the stock traded hands, compared to its average volume of 4,494,938. O'Reilly Automotive, Inc. has a 1-year low of $73.33 and a 1-year high of $108.42. The business has a fifty day moving average of $101.58 and a 200-day moving average of $94.71. The firm has a market capitalization of $87.78 billion, a PE ratio of 36.98, a price-to-earnings-growth ratio of 2.74 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, hitting the consensus estimate of $0.78. The company had revenue of $4.53 billion during the quarter, compared to analysts' expectations 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 for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities research analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

O'Reilly Automotive Company 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.