Maridea Wealth Management LLC Invests $525,000 in O'Reilly Automotive, Inc. $ORLY

Key Points

• Maridea Wealth Management LLC has invested $525,000 in O'Reilly Automotive, purchasing 5,825 shares during the 2nd quarter.
• O'Reilly Automotive's stock price has increased by 1.1%, with a market capitalization of approximately $88.74 billion and a P/E ratio of 37.39.
• Several hedge funds have significantly raised their stakes in O'Reilly, with holdings increasing by as much as 1,400% during the same quarter.

Maridea Wealth Management LLC purchased a new stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 5,825 shares of the specialty retailer's stock, valued at approximately $525,000.

Several other hedge funds also recently added to or reduced their stakes in ORLY. Plancorp LLC grew its holdings in shares of O'Reilly Automotive by 1,399.0% during the 2nd quarter. Plancorp LLC now owns 19,562 shares of the specialty retailer's stock worth $1,763,000 after purchasing an additional 18,257 shares during the period. Castleview Partners LLC increased its position in shares of O'Reilly Automotive by 1,170.8% during the second quarter. Castleview Partners LLC now owns 7,269 shares of the specialty retailer's stock valued at $655,000 after acquiring an additional 6,697 shares during the last quarter. Floyd Financial Group LLC raised its stake in shares of O'Reilly Automotive by 1,436.7% in the 2nd quarter. Floyd Financial Group LLC now owns 13,047 shares of the specialty retailer's stock valued at $1,192,000 after acquiring an additional 12,198 shares during the period. Palumbo Wealth Management LLC lifted its holdings in shares of O'Reilly Automotive by 1,421.2% in the 2nd quarter. Palumbo Wealth Management LLC now owns 36,007 shares of the specialty retailer's stock worth $3,245,000 after acquiring an additional 33,640 shares during the last quarter. Finally, North Star Investment Management Corp. lifted its holdings in shares of O'Reilly Automotive by 1,400.0% in the 2nd quarter. North Star Investment Management Corp. now owns 28,485 shares of the specialty retailer's stock worth $2,567,000 after acquiring an additional 26,586 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O'Reilly Automotive Stock Up 1.1%

Shares of O'Reilly Automotive stock opened at $104.58 on Friday. The firm has a market capitalization of $88.74 billion, a P/E ratio of 37.39, a P/E/G ratio of 2.73 and a beta of 0.60. O'Reilly Automotive, Inc. has a 52 week low of $75.79 and a 52 week high of $108.42. The firm's 50 day moving average is $102.33 and its two-hundred day moving average is $94.94.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts' consensus estimates of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same period last year, the firm posted $10.55 EPS. The company's revenue was up 5.9% on a year-over-year basis. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, research analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Transactions at O'Reilly Automotive

In related news, SVP Carl David Wilbanks sold 88,485 shares of the firm's stock in a transaction dated 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 owned 10,305 shares of the company's stock, valued at $1,056,674.70. This trade represents a 89.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 completion of the transaction, the director owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 125,635 shares of company stock worth $12,740,916 in the last three months. Corporate insiders own 1.01% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on ORLY. Truist Financial lifted their target price on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a report on Friday, July 25th. Citigroup increased their price objective on O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Guggenheim increased their price target on O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Evercore ISI raised their target price on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a report on Tuesday, August 12th. Finally, Barclays reiterated an "equal weight" rating and issued a $86.00 price target on shares of O'Reilly Automotive in a research note on Friday, July 25th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $107.17.

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.

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