O'Reilly Automotive, Inc. $ORLY Shares Acquired by Aaron Wealth Advisors LLC

Key Points

• Aaron Wealth Advisors LLC significantly increased its holdings in O'Reilly Automotive by 1,669.6% during Q2, amassing a total of 7,556 shares valued at approximately $681,000.
• Several institutional investors have recently acquired or adjusted their positions in O'Reilly Automotive, with institutions owning 85.00% of the company's stock.
• Equities analysts have raised their price targets for O'Reilly Automotive, with a consensus rating of "Buy" and an average price target around $106.36.

Aaron Wealth Advisors LLC boosted its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,669.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 7,556 shares of the specialty retailer's stock after purchasing an additional 7,129 shares during the period. Aaron Wealth Advisors LLC's holdings in O'Reilly Automotive were worth $681,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. HWG Holdings LP acquired a new position in shares of O'Reilly Automotive in the first quarter worth $26,000. Bank of Jackson Hole Trust acquired a new position in shares of O'Reilly Automotive in the first quarter worth $25,000. HighMark Wealth Management LLC grew its stake in shares of O'Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 13 shares in the last quarter. Elequin Capital LP acquired a new position in shares of O'Reilly Automotive during the first quarter worth $30,000. Finally, Saudi Central Bank acquired a new position in shares of O'Reilly Automotive during the first quarter worth $33,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Activity at O'Reilly Automotive

In other news, Director Maria Sastre sold 595 shares of the 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 owned 15,935 shares of the company's stock, valued at $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of the stock in a transaction on Tuesday, July 29th. The stock was 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 directly owned 4,234 shares of the company's stock, valued at $415,990.50. The trade was a 87.45% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ORLY shares. JPMorgan Chase & Co. boosted their target price on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Guggenheim boosted their price target on shares of 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 boosted their price target on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research report on Tuesday, August 12th. Cowen reissued a "buy" rating on shares of O'Reilly Automotive in a research report on Monday, September 15th. Finally, Citigroup upped their target price on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, O'Reilly Automotive currently has an average rating of "Buy" and a consensus price target of $107.17.

O'Reilly Automotive Stock Up 0.2%

Shares of ORLY traded up $0.24 on Friday, hitting $103.93. 10,047,562 shares of the stock traded hands, compared to its average volume of 4,166,746. The firm has a market capitalization of $88.18 billion, a P/E ratio of 37.15, a P/E/G ratio of 2.74 and a beta of 0.60. The stock's 50 day moving average is $101.37 and its two-hundred day moving average is $94.56. O'Reilly Automotive, Inc. has a 1 year low of $73.33 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 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. The business had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Research analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS 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.