Valeo Financial Advisors LLC Has $1.75 Million Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• Valeo Financial Advisors LLC increased its holdings in O'Reilly Automotive by 1,406.5% during the second quarter, bringing its total stake to $1.75 million with 19,389 shares.
• O'Reilly Automotive reported $4.53 billion in revenue for the last quarter, up 5.9% year-over-year, while achieving earnings of $0.78 per share, meeting analyst expectations.
• Equity analysts have raised price targets for O'Reilly Automotive, with TD Cowen setting a new target at $125.00, indicating strong overall analyst sentiment towards the stock.

Valeo Financial Advisors LLC boosted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,406.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,389 shares of the specialty retailer's stock after acquiring an additional 18,102 shares during the quarter. Valeo Financial Advisors LLC's holdings in O'Reilly Automotive were worth $1,747,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Bank of Jackson Hole Trust acquired a new stake in O'Reilly Automotive during the 1st quarter worth about $25,000. HWG Holdings LP acquired a new stake in O'Reilly Automotive during the 1st quarter worth about $26,000. Oakworth Capital Inc. boosted its position in O'Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer's stock worth $26,000 after acquiring an additional 264 shares during the period. HighMark Wealth Management LLC boosted its position in O'Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer's stock worth $27,000 after acquiring an additional 280 shares during the period. Finally, ORG Partners LLC boosted its position in O'Reilly Automotive by 839.4% during the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer's stock worth $28,000 after acquiring an additional 277 shares during the period. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O'Reilly Automotive Stock Performance

ORLY opened at $103.30 on Tuesday. The business has a 50 day moving average price of $103.73 and a 200 day moving average price of $95.86. O'Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71. The firm has a market cap of $87.65 billion, a P/E ratio of 36.93, a price-to-earnings-growth ratio of 2.77 and a beta of 0.60.

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 the consensus estimate of $0.78. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same period in the previous year, the company earned $10.55 EPS. The company's revenue for the quarter 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, analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Truist Financial raised their price objective on O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Wolfe Research started coverage on O'Reilly Automotive in a report on Thursday, September 18th. They set an "outperform" rating and a $121.00 price target for the company. Royal Bank Of Canada lifted their price target on O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Barclays reiterated an "equal weight" rating and set a $86.00 price target on shares of O'Reilly Automotive in a report on Friday, July 25th. Finally, TD Cowen lifted their price target on O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a report on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, O'Reilly Automotive presently has an average rating of "Buy" and an average target price of $107.17.

Insiders Place Their Bets

In other O'Reilly Automotive news, 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 transaction, the senior vice president directly owned 12,826 shares of the company's stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 completion of 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. In the last 90 days, insiders sold 125,635 shares of company stock valued at $12,740,916. Corporate insiders own 1.01% of the company's stock.

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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