Sterling Investment Advisors LLC ADV Acquires 9,782 Shares of O'Reilly Automotive, Inc. $ORLY

Key Points

• Sterling Investment Advisors LLC ADV significantly increased its stake in O'Reilly Automotive, Inc. by 3,821.1% during Q2, now holding approximately $905,000 worth of shares.
• Analysts show a generally positive sentiment towards O'Reilly Automotive, with a consensus rating of "Buy" and an average price target of $106.36.
• O'Reilly Automotive's recent earnings report showed a net margin of 14.15% and revenue growth of 5.9% year-over-year, with earnings per share meeting consensus estimates at $0.78.

Sterling Investment Advisors LLC ADV raised its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 3,821.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,038 shares of the specialty retailer's stock after acquiring an additional 9,782 shares during the period. O'Reilly Automotive comprises 0.4% of Sterling Investment Advisors LLC ADV's holdings, making the stock its 20th biggest holding. Sterling Investment Advisors LLC ADV's holdings in O'Reilly Automotive were worth $905,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Carolinas Wealth Consulting LLC grew its position in O'Reilly Automotive by 14.3% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock valued at $76,000 after acquiring an additional 8 shares during the last quarter. Marcum Wealth LLC grew its position in O'Reilly Automotive by 4.0% in the first quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock valued at $301,000 after acquiring an additional 8 shares during the last quarter. Adero Partners LLC grew its position in O'Reilly Automotive by 1.9% in the first quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock valued at $609,000 after acquiring an additional 8 shares during the last quarter. Avior Wealth Management LLC grew its position in O'Reilly Automotive by 3.5% in the first quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock valued at $342,000 after acquiring an additional 8 shares during the last quarter. Finally, Lindbrook Capital LLC grew its position in O'Reilly Automotive by 2.6% in the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock valued at $448,000 after acquiring an additional 8 shares during the last quarter. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock traded up $0.24 during midday trading on Friday, reaching $103.93. The company had a trading volume of 10,047,562 shares, compared to its average volume of 4,166,746. The stock has a fifty day moving average price of $101.37 and a 200 day moving average price of $94.53. The firm has a market cap of $88.18 billion, a PE ratio of 37.15, a P/E/G ratio of 2.74 and a beta of 0.60. O'Reilly Automotive, Inc. has a fifty-two week low of $73.33 and a fifty-two week high of $108.42.

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 analysts' consensus estimates of $0.78. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm's quarterly revenue was up 5.9% on a year-over-year basis. 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, sell-side analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ORLY shares. TD Cowen lifted their target price on O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a research report on Monday. Truist Financial lifted their target price on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Wells Fargo & Company boosted their price target on O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Argus started coverage on O'Reilly Automotive in a report on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target on the stock. Finally, Wolfe Research started coverage on O'Reilly Automotive in a report on Thursday. They set an "outperform" rating and a $121.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, O'Reilly Automotive has an average rating of "Buy" and an average price target of $107.17.

Insider Buying and Selling

In related news, SVP Mark Joseph Merz sold 29,505 shares of O'Reilly Automotive stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, August 6th. The stock was 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 directly owned 12,826 shares in the company, valued at approximately $1,331,467.06. This represents a 13.49% 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 in the last ninety days. 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.