Sequoia Financial Advisors LLC Purchases 33,984 Shares of O'Reilly Automotive, Inc. $ORLY

Sequoia Financial Advisors LLC lifted its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,591.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,119 shares of the specialty retailer's stock after buying an additional 33,984 shares during the period. Sequoia Financial Advisors LLC's holdings in O'Reilly Automotive were worth $3,255,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in O'Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock worth $7,504,421,000 after purchasing an additional 75,125 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of O'Reilly Automotive by 20.8% during the 1st quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock worth $2,757,148,000 after buying an additional 330,964 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its stake in shares of O'Reilly Automotive by 1,052.9% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock worth $155,240,000 after buying an additional 1,573,010 shares during the last quarter. Congress Asset Management Co. boosted its stake in shares of O'Reilly Automotive by 1,385.2% during the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer's stock worth $142,449,000 after buying an additional 1,474,068 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in shares of O'Reilly Automotive by 1,438.7% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer's stock worth $125,150,000 after buying an additional 1,298,307 shares during the last quarter. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Up 0.2%

Shares of ORLY stock opened at $103.05 on Wednesday. The firm has a 50 day moving average price of $103.95 and a two-hundred day moving average price of $96.22. The company has a market capitalization of $87.44 billion, a PE ratio of 36.84, a price-to-earnings-growth ratio of 2.72 and a beta of 0.60. O'Reilly Automotive, Inc. has a 12-month low of $76.22 and a 12-month high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. The firm 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 revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the business posted $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 expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity at O'Reilly Automotive

In other news, Director Maria Sastre sold 595 shares of O'Reilly Automotive stock in a transaction that occurred 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 directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 owned 12,826 shares of the company's stock, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ORLY shares. BMO Capital Markets increased their price objective on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. Argus started coverage on shares of O'Reilly Automotive in a research note on Wednesday, August 13th. They issued a "buy" rating and a $120.00 target price for the company. Guggenheim raised their target price on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Royal Bank Of Canada raised their target price on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Finally, DA Davidson raised their target price on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, O'Reilly Automotive currently has an average rating of "Moderate Buy" and an average price target of $107.17.

About O'Reilly Automotive

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.