Signature Estate & Investment Advisors LLC Sells 25,417 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Signature Estate & Investment Advisors LLC reduced its position in O'Reilly Automotive by 45.8%, owning approximately 30,137 shares worth $43.17 million at the end of the most recent reporting period.
• Institutional investors and hedge funds own 85.00% of O'Reilly Automotive, with notable recent increases in holdings by firms such as GAMMA Investing, Nuveen LLC, and Wellington Management.
• O'Reilly Automotive's stock has a consensus rating of Buy with a target price of $104.40, while the company's recent earnings report met analysts' expectations.

Signature Estate & Investment Advisors LLC reduced its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 45.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,137 shares of the specialty retailer's stock after selling 25,417 shares during the quarter. O'Reilly Automotive makes up approximately 1.1% of Signature Estate & Investment Advisors LLC's holdings, making the stock its 20th biggest position. Signature Estate & Investment Advisors LLC owned approximately 0.05% of O'Reilly Automotive worth $43,174,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Carolinas Wealth Consulting LLC grew its stake in shares of O'Reilly Automotive by 14.3% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock worth $76,000 after acquiring an additional 8 shares in the last quarter. Marcum Wealth LLC grew its stake in shares of O'Reilly Automotive by 4.0% during the 1st quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock worth $301,000 after acquiring an additional 8 shares in the last quarter. Adero Partners LLC grew its stake in shares of O'Reilly Automotive by 1.9% during the 1st quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock worth $609,000 after acquiring an additional 8 shares in the last quarter. Avior Wealth Management LLC grew its stake in shares of O'Reilly Automotive by 3.5% during the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock worth $342,000 after acquiring an additional 8 shares in the last quarter. Finally, Lindbrook Capital LLC grew its stake in shares of O'Reilly Automotive by 2.6% during the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock worth $448,000 after acquiring an additional 8 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Maria Sastre sold 595 shares of the business's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 in the last ninety days. 1.01% of the stock is owned by company insiders.

O'Reilly Automotive Stock Down 1.7%

Shares of ORLY traded down $1.81 during midday trading on Wednesday, reaching $105.11. 4,999,568 shares of the stock were exchanged, compared to its average volume of 3,830,943. O'Reilly Automotive, Inc. has a twelve month low of $73.11 and a twelve month high of $107.20. The company has a market cap of $89.19 billion, a P/E ratio of 37.58, a PEG ratio of 2.82 and a beta of 0.60. The stock's 50 day simple moving average is $99.45 and its 200 day simple moving average is $93.77.

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 analysts' consensus estimates of $0.78. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate 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 was up 5.9% on a year-over-year basis. During the same quarter last 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, analysts predict that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ORLY shares. Truist Financial raised their target price on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Wells Fargo & Company raised their target price on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. 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. 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. Finally, Evercore ISI raised their target price on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the company an "outperform" rating in a research note on Tuesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $104.40.

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.