Turtle Creek Wealth Advisors LLC Acquires Shares of 3,362 O'Reilly Automotive, Inc. $ORLY

Key Points

• Turtle Creek Wealth Advisors LLC has acquired a new stake in O'Reilly Automotive by purchasing 3,362 shares valued at approximately $303,000.
• The stock price of O'Reilly Automotive is currently down 0.9%, with a recent opening price of $101.17 and a market capitalization of $85.84 billion.
• Several analysts have raised their price targets for O'Reilly Automotive, with Citigroup increasing it to $114.00 and UBS Group setting it at $120.00, reflecting a positive outlook for the stock.

Turtle Creek Wealth Advisors LLC acquired a new stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 3,362 shares of the specialty retailer's stock, valued at approximately $303,000.

Other large investors have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC boosted its holdings in O'Reilly Automotive by 3.5% in the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock valued at $342,000 after purchasing an additional 8 shares during the period. Lindbrook Capital LLC boosted its holdings in O'Reilly Automotive by 2.6% in the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock valued at $448,000 after purchasing an additional 8 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of O'Reilly Automotive by 1.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer's stock worth $953,000 after acquiring an additional 8 shares during the period. Deseret Mutual Benefit Administrators lifted its holdings in shares of O'Reilly Automotive by 3.2% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 291 shares of the specialty retailer's stock worth $417,000 after acquiring an additional 9 shares during the period. Finally, Journey Strategic Wealth LLC lifted its holdings in shares of O'Reilly Automotive by 4.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer's stock worth $317,000 after acquiring an additional 9 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Stock Down 0.9%

Shares of ORLY stock opened at $101.17 on Friday. O'Reilly Automotive, Inc. has a 12-month low of $76.22 and a 12-month high of $108.71. The company has a market capitalization of $85.84 billion, a P/E ratio of 36.17, a P/E/G ratio of 2.70 and a beta of 0.60. The firm has a 50-day moving average price of $103.86 and a 200 day moving average price of $96.30.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. During the same period last year, the firm posted $10.55 EPS. The firm's quarterly revenue was up 5.9% on a year-over-year basis. 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 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Citigroup raised their price objective on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, July 25th. JPMorgan Chase & Co. raised their price objective on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. UBS Group reaffirmed a "buy" rating and set a $120.00 price objective (up from $115.00) on shares of O'Reilly Automotive in a report on Wednesday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of O'Reilly Automotive in a report on Wednesday, October 8th. Finally, Wolfe Research started coverage on shares of O'Reilly Automotive in a report on Thursday, September 18th. They set an "outperform" rating and a $121.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $109.12.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Carl David Wilbanks sold 88,485 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the sale, the senior vice president owned 10,305 shares in the company, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 595 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, 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 position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 125,635 shares of company stock worth $12,740,916. 1.01% of the stock is owned by insiders.

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.

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