O'Reilly Automotive, Inc. $ORLY Shares Acquired by HB Wealth Management LLC

Key Points

• HB Wealth Management LLC dramatically increased its position in O'Reilly Automotive, acquiring 68,220 additional shares, which brought their total holdings to 73,157 shares valued at approximately $6.59 million.
• The stock has a market capitalization of $91.48 billion and has recently had a 52-week price range between $75.93 and $108.72.
• O'Reilly Automotive's recent quarterly earnings showed $0.78 EPS, which matched analysts' expectations, while the company's revenue increased by 5.9% compared to the same quarter last year.

HB Wealth Management LLC increased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,381.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,157 shares of the specialty retailer's stock after acquiring an additional 68,220 shares during the period. HB Wealth Management LLC's holdings in O'Reilly Automotive were worth $6,594,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of ORLY. Bank of Jackson Hole Trust acquired a new position in shares of O'Reilly Automotive in the 1st quarter worth approximately $25,000. HWG Holdings LP bought a new stake in O'Reilly Automotive during the first quarter worth approximately $26,000. Oakworth Capital Inc. grew its position in O'Reilly Automotive by 1,257.1% in the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock worth $26,000 after buying an additional 264 shares during the last quarter. ORG Partners LLC increased its holdings in shares of O'Reilly Automotive by 839.4% in the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock valued at $28,000 after buying an additional 277 shares in the last quarter. Finally, HighMark Wealth Management LLC lifted its position in shares of 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 acquiring an additional 13 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

O'Reilly Automotive Price Performance

NASDAQ:ORLY opened at $107.81 on Wednesday. The stock has a market cap of $91.48 billion, a PE ratio of 38.54, a price-to-earnings-growth ratio of 2.84 and a beta of 0.60. O'Reilly Automotive, Inc. has a fifty-two week low of $75.93 and a fifty-two week high of $108.72. The stock's 50-day moving average is $103.12 and its two-hundred day moving average is $95.40.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting 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 last year, the company posted $10.55 earnings per share. The firm'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. On average, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

ORLY has been the topic of a number of recent research reports. Cowen restated a "buy" rating on shares of O'Reilly Automotive in a report on Monday, September 15th. Wolfe Research assumed coverage on O'Reilly Automotive in a research report on Thursday, September 18th. They issued an "outperform" rating and a $121.00 price target for the company. Citigroup lifted their price target on O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. UBS Group upped their price objective on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Finally, Royal Bank Of Canada lifted their target price on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Two equities research 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. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $107.17.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, Director Maria Sastre sold 595 shares of the company's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the transaction, the director directly owned 15,935 shares of the company's stock, valued at $1,630,309.85. This represents a 3.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president owned 12,826 shares of the company's stock, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 125,635 shares of company stock valued at $12,740,916. 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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