O'Reilly Automotive, Inc. $ORLY Stake Raised by Nova R Wealth Inc.

Key Points

• Nova R Wealth Inc. increased its stake in O'Reilly Automotive, Inc. by 1,345.4%, acquiring an additional 4,709 shares during the second quarter, valued at approximately $456,000.
• Several institutional investors, including Fifth Third Wealth Advisors and Czech National Bank, also adjusted their holdings, reflecting the growing interest in O'Reilly Automotive.
• O'Reilly Automotive reported $4.53 billion in revenue for the last quarter, with a year-over-year increase of 5.9%, while earnings per share matched analysts' expectations at $0.78.

Nova R Wealth Inc. raised its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,345.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,059 shares of the specialty retailer's stock after acquiring an additional 4,709 shares during the quarter. Nova R Wealth Inc.'s holdings in O'Reilly Automotive were worth $456,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in ORLY. Fifth Third Wealth Advisors LLC boosted its holdings in shares of O'Reilly Automotive by 31.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 1,538 shares of the specialty retailer's stock worth $2,203,000 after purchasing an additional 368 shares during the period. Sterneck Capital Management LLC purchased a new stake in O'Reilly Automotive in the 1st quarter worth approximately $209,000. Rhumbline Advisers boosted its stake in shares of O'Reilly Automotive by 1.5% during the 1st quarter. Rhumbline Advisers now owns 125,725 shares of the specialty retailer's stock valued at $180,111,000 after buying an additional 1,891 shares during the period. Czech National Bank grew its holdings in shares of O'Reilly Automotive by 5.5% during the 1st quarter. Czech National Bank now owns 13,202 shares of the specialty retailer's stock valued at $18,913,000 after acquiring an additional 684 shares in the last quarter. Finally, Baker Tilly Wealth Management LLC grew its holdings in shares of O'Reilly Automotive by 3.1% during the 1st quarter. Baker Tilly Wealth Management LLC now owns 740 shares of the specialty retailer's stock valued at $1,060,000 after acquiring an additional 22 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Activity

In other O'Reilly Automotive news, 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 transaction of $60,874.45. Following the completion of the transaction, the director owned 15,935 shares of the company's stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Joseph Merz sold 5,050 shares of the company's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total transaction of $500,303.50. Following the sale, the senior vice president owned 2,876 shares of the company's stock, valued at $284,925.32. This trade represents a 63.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock valued at $12,740,916 in the last quarter. 1.01% of the stock is currently owned by corporate insiders.

O'Reilly Automotive Stock Performance

ORLY opened at $106.10 on Monday. The company has a market cap of $90.03 billion, a PE ratio of 37.93, a price-to-earnings-growth ratio of 2.80 and a beta of 0.60. The stock has a 50-day moving average of $102.61 and a 200-day moving average of $95.18. O'Reilly Automotive, Inc. has a 52-week low of $75.91 and a 52-week high of $108.42.

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

Analyst Ratings Changes

Several brokerages recently issued reports on ORLY. Wolfe Research started coverage on O'Reilly Automotive in a report on Thursday, September 18th. They set an "outperform" rating and a $121.00 price objective for the company. Guggenheim raised their price target on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. UBS Group lifted their price target on O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, July 24th. TD Cowen boosted their price target on O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a research note on Monday, September 15th. Finally, DA Davidson raised their price objective on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price 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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