Spirepoint Private Client LLC Has $5.13 Million Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• Spirepoint Private Client LLC significantly increased its holdings in O'Reilly Automotive, raising its position by 3,958.4% during the 2nd quarter, totaling 56,940 shares valued at approximately $5.13 million.
• Analysts have raised their price targets for O'Reilly Automotive, with J.P. Morgan and UBS adjusting their targets to $113.00 and $115.00 respectively, indicating a consensus rating of "Buy."
• O'Reilly Automotive's stock recently opened at $106.10, reporting a 5.9% year-over-year revenue increase, although it had a negative return on equity of 181.53% during the last quarter.

Spirepoint Private Client LLC raised its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 3,958.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,940 shares of the specialty retailer's stock after buying an additional 55,537 shares during the period. Spirepoint Private Client LLC's holdings in O'Reilly Automotive were worth $5,132,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Two Sigma Advisers LP bought a new position in O'Reilly Automotive in the 4th quarter valued at $1,660,000. Marcum Wealth LLC lifted its position in 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 buying an additional 8 shares in the last quarter. Versant Capital Management Inc grew its holdings in O'Reilly Automotive by 41.6% during the 1st quarter. Versant Capital Management Inc now owns 313 shares of the specialty retailer's stock worth $448,000 after acquiring an additional 92 shares during the last quarter. GAMMA Investing LLC increased its position in O'Reilly Automotive by 175,115.6% in the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after acquiring an additional 1,821,202 shares in the last quarter. Finally, Verde Capital Management raised its stake in shares of O'Reilly Automotive by 28.8% in the first quarter. Verde Capital Management now owns 2,585 shares of the specialty retailer's stock worth $3,703,000 after acquiring an additional 578 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. JPMorgan Chase & Co. increased their price target on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research note on Monday, July 21st. UBS Group increased their price objective on O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Wolfe Research initiated coverage on O'Reilly Automotive in a research report on Thursday, September 18th. They set an "outperform" rating and a $121.00 target price for the company. Argus initiated coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price target on the stock. Finally, Guggenheim boosted their price objective on O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned 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 price target of $107.17.

O'Reilly Automotive Stock Up 1.5%

Shares of O'Reilly Automotive stock opened at $106.10 on Friday. The business has a fifty day simple moving average of $102.61 and a 200 day simple moving average of $95.06. The stock has a market cap of $90.03 billion, a PE ratio of 37.93, a price-to-earnings-growth ratio of 2.76 and a beta of 0.60. O'Reilly Automotive, Inc. has a 12 month low of $75.91 and a 12 month high of $108.42.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.78. The firm had revenue of $4.53 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the business earned $10.55 earnings per share. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Activity

In other O'Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the company's stock in a transaction that occurred on 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 sale, the senior vice president owned 12,826 shares of the company's stock, valued at approximately $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president directly owned 4,234 shares in the company, valued at approximately $415,990.50. This represents a 87.45% 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 worth $12,740,916 in the last ninety days. Company insiders own 1.01% of the company's stock.

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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