Sagespring Wealth Partners LLC Purchases 12,408 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Sagespring Wealth Partners LLC increased its holdings in O'Reilly Automotive by 1,588.7%, acquiring an additional 12,408 shares during the second quarter, bringing their total to 13,189 shares valued at approximately $1.19 million.
• Several institutional investors also boosted their positions in O'Reilly Automotive, with institutional ownership at 85.00% and significant stake increases from firms like Bank of Jackson Hole Trust and Oakworth Capital Inc.
• After recently reporting quarterly earnings of $4.53 billion and an EPS of $0.78, O'Reilly Automotive has seen its stock price targets raised by multiple analysts, reflecting a "Moderate Buy" consensus with an average price target of $109.12.

Sagespring Wealth Partners LLC boosted its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,588.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,189 shares of the specialty retailer's stock after acquiring an additional 12,408 shares during the period. Sagespring Wealth Partners LLC's holdings in O'Reilly Automotive were worth $1,189,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ORLY. Bank of Jackson Hole Trust bought a new stake in shares of O'Reilly Automotive during the first quarter valued at approximately $25,000. HWG Holdings LP bought a new stake in shares of O'Reilly Automotive during the first quarter valued at approximately $26,000. Oakworth Capital Inc. raised its position in shares of O'Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock valued at $26,000 after buying an additional 264 shares during the last quarter. HighMark Wealth Management LLC raised its position in shares of O'Reilly Automotive by 1,400.0% during the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer's stock valued at $27,000 after buying an additional 280 shares during the last quarter. Finally, ORG Partners LLC raised its position in shares of O'Reilly Automotive by 839.4% during 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 during the last quarter. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Performance

Shares of ORLY opened at $102.12 on Thursday. The company's fifty day moving average is $103.90 and its 200 day moving average is $96.26. O'Reilly Automotive, Inc. has a fifty-two week low of $76.22 and a fifty-two week high of $108.71. The stock has a market capitalization of $86.65 billion, a PE ratio of 36.51, a P/E/G ratio of 2.72 and a beta of 0.60.

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

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ORLY. Guggenheim lifted their price objective 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. BMO Capital Markets lifted their price objective on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. DA Davidson boosted their price target on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Royal Bank Of Canada boosted their price target 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. Finally, Cowen restated a "buy" rating on shares of O'Reilly Automotive in a research report on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $109.12.

Insider Activity

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction 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 transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction 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. The trade was a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock valued at $12,740,916 over the last ninety days. 1.01% of the stock is owned by corporate insiders.

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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