One Wealth Advisors LLC Buys 12,432 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• One Wealth Advisors LLC significantly increased its stake in O'Reilly Automotive, purchasing 12,432 shares, which represents a 1,400% growth in their holdings during the 2nd quarter.
• Institutional investors now own 85% of O'Reilly Automotive's stock, indicating strong support from major financial entities.
• Recent price target upgrades from various analysts have increased O'Reilly Automotive's valuation range, with UBS Group raising its price target to $115.00, reflecting increased optimism about the company's performance.

One Wealth Advisors LLC grew its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,400.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,320 shares of the specialty retailer's stock after purchasing an additional 12,432 shares during the quarter. One Wealth Advisors LLC's holdings in O'Reilly Automotive were worth $1,201,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its position in O'Reilly Automotive by 16.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer's stock worth $33,227,000 after acquiring an additional 3,272 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of O'Reilly Automotive by 1.5% during the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock worth $7,504,421,000 after purchasing an additional 75,125 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in O'Reilly Automotive by 33.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock worth $836,357,000 after purchasing an additional 147,904 shares during the last quarter. CCM Investment Group LLC bought a new stake in O'Reilly Automotive in the 1st quarter valued at $4,672,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in O'Reilly Automotive by 52.4% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,242 shares of the specialty retailer's stock valued at $16,105,000 after buying an additional 3,866 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

Insiders Place Their Bets

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 shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the transaction, the senior vice president directly owned 10,305 shares in the company, valued at $1,056,674.70. This represents a 89.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the completion of the sale, the senior vice president owned 4,234 shares in the company, valued at $415,990.50. This represents a 87.45% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock worth $12,740,916 in the last ninety days. Insiders own 1.01% of the company's stock.

Analysts Set New Price Targets

ORLY has been the subject of a number of research reports. UBS Group lifted their target price on O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Guggenheim boosted their price objective on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a report on Friday, July 25th. Wells Fargo & Company raised their target price on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Citigroup lifted their price target on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Finally, BMO Capital Markets increased their price target on 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 investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, O'Reilly Automotive currently has an average rating of "Buy" and an average price target of $107.17.

O'Reilly Automotive Trading Up 1.4%

NASDAQ ORLY opened at $107.55 on Tuesday. The firm's 50 day simple moving average is $102.87 and its 200 day simple moving average is $95.31. The firm has a market capitalization of $91.26 billion, a price-to-earnings ratio of 38.45, a P/E/G ratio of 2.80 and a beta of 0.60. O'Reilly Automotive, Inc. has a 1 year low of $75.93 and a 1 year high of $108.42.

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 the consensus estimate of $4.54 billion. During the same period in the previous year, the business earned $10.55 earnings per share. 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. On average, equities research analysts forecast that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

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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