NorthRock Partners LLC Has $849,000 Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• NorthRock Partners LLC significantly increased its holdings in O'Reilly Automotive by 1,354.5% during the second quarter, now owning 9,425 shares valued at $849,000.
• O'Reilly Automotive's recent earnings report showed Q2 earnings per share of $0.78, matching analysts' expectations, with revenues slightly below forecast at $4.53 billion.
• Several analysts have recently upgraded their price targets for O'Reilly Automotive, with a consensus rating of Moderate Buy and an average price target of $107.17.

NorthRock Partners LLC boosted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,354.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,425 shares of the specialty retailer's stock after acquiring an additional 8,777 shares during the quarter. NorthRock Partners LLC's holdings in O'Reilly Automotive were worth $849,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ORLY. Avior Wealth Management LLC lifted its holdings in shares of O'Reilly Automotive by 3.5% during the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock valued at $342,000 after buying an additional 8 shares during the last quarter. Lindbrook Capital LLC lifted its holdings in shares of O'Reilly Automotive by 2.6% during the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock valued at $448,000 after buying an additional 8 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of O'Reilly Automotive by 1.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer's stock valued at $953,000 after buying an additional 8 shares during the last quarter. Deseret Mutual Benefit Administrators lifted its holdings in shares of O'Reilly Automotive by 3.2% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 291 shares of the specialty retailer's stock valued at $417,000 after buying an additional 9 shares during the last quarter. Finally, Journey Strategic Wealth LLC lifted its holdings in shares of O'Reilly Automotive by 4.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer's stock valued at $317,000 after buying an additional 9 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O'Reilly Automotive Stock Up 0.2%

Shares of NASDAQ ORLY opened at $103.05 on Wednesday. The business's 50 day moving average is $103.95 and its two-hundred day moving average is $96.22. The company has a market cap of $87.44 billion, a P/E ratio of 36.84, a P/E/G ratio of 2.72 and a beta of 0.60. O'Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.78. The business had revenue of $4.53 billion for 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 quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the business posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Argus assumed coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target for the company. UBS Group raised their price objective on O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. JPMorgan Chase & Co. raised their price objective on O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. Evercore ISI raised their price objective on O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. Finally, Citigroup raised 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. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $107.17.

Insider Transactions at O'Reilly Automotive

In other news, SVP Carl David Wilbanks sold 88,485 shares of the business'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 sale, the senior vice president directly owned 10,305 shares in the company, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Maria Sastre sold 595 shares of the business's stock in a transaction 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 sale, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 125,635 shares of company stock valued at $12,740,916. Company insiders own 1.01% of the company's stock.

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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