SeaCrest Wealth Management LLC lifted its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,406.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,605 shares of the specialty retailer's stock after purchasing an additional 15,503 shares during the period. SeaCrest Wealth Management LLC's holdings in O'Reilly Automotive were worth $1,497,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also made changes to their positions in the company. HWG Holdings LP purchased a new stake in shares of O'Reilly Automotive in the first quarter valued at approximately $26,000. Bank of Jackson Hole Trust acquired a new stake in shares of O'Reilly Automotive in the first quarter valued at $25,000. HighMark Wealth Management LLC raised its stake in shares of O'Reilly Automotive by 185.7% in the first 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 in the last quarter. Elequin Capital LP purchased a new position in O'Reilly Automotive in the first quarter valued at $30,000. Finally, Saudi Central Bank purchased a new position in O'Reilly Automotive in the first quarter valued at $33,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.
O'Reilly Automotive Stock Performance
Shares of ORLY opened at $103.93 on Friday. O'Reilly Automotive, Inc. has a fifty-two week low of $73.33 and a fifty-two week high of $108.42. The company has a market capitalization of $88.18 billion, a price-to-earnings ratio of 37.15, a price-to-earnings-growth ratio of 2.74 and a beta of 0.60. The firm has a 50-day simple moving average of $101.37 and a 200-day simple moving average of $94.53.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced 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 business had revenue of $4.53 billion during 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 business's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Equities research analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.
Wall Street Analyst Weigh In
Several equities analysts recently commented on ORLY shares. Wells Fargo & Company increased their target price on O'Reilly Automotive from $103.00 to $105.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Guggenheim increased their target price on O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a report on Friday, July 25th. BMO Capital Markets increased their target price on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Truist Financial increased their target price on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a report on Friday, July 25th. Finally, Royal Bank Of Canada raised their price objective on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a 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 given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $107.17.
View Our Latest Stock Analysis on ORLY
Insider Activity at O'Reilly Automotive
In other news, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the sale, the senior vice president directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark Joseph Merz sold 5,050 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total transaction of $500,303.50. Following the transaction, the senior vice president directly owned 2,876 shares of the company's stock, valued at approximately $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 have sold a total of 125,635 shares of company stock valued at $12,740,916 in the last 90 days. Insiders own 1.01% of the company's stock.
O'Reilly Automotive Profile
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Free Report)
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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