O’Reilly Automotive, Inc. $ORLY Shares Bought by Triad Wealth Partners LLC

Triad Wealth Partners LLC grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,510.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,040 shares of the specialty retailer’s stock after purchasing an additional 4,727 shares during the period. Triad Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $454,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. RFG Advisory LLC purchased a new stake in O’Reilly Automotive during the first quarter worth $586,000. Hennion & Walsh Asset Management Inc. raised its position in shares of O’Reilly Automotive by 69.7% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 589 shares of the specialty retailer’s stock worth $844,000 after acquiring an additional 242 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of O’Reilly Automotive by 18.8% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 101 shares of the specialty retailer’s stock worth $145,000 after acquiring an additional 16 shares in the last quarter. AGH Wealth Advisors LLC purchased a new stake in shares of O’Reilly Automotive during the 1st quarter worth about $223,000. Finally, Procyon Advisors LLC grew its position in shares of O’Reilly Automotive by 29.4% during the 1st quarter. Procyon Advisors LLC now owns 4,291 shares of the specialty retailer’s stock valued at $6,147,000 after acquiring an additional 975 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.2%

Shares of ORLY opened at $104.79 on Friday. O’Reilly Automotive, Inc. has a 52-week low of $76.10 and a 52-week high of $108.71. The stock has a market cap of $88.91 billion, a PE ratio of 37.46, a price-to-earnings-growth ratio of 2.77 and a beta of 0.60. The firm’s fifty day moving average is $103.61 and its two-hundred day moving average is $95.68.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly 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 net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same period last year, the firm posted $10.55 earnings per share. 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, research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Maria Sastre sold 595 shares of the company’s stock in a transaction that occurred on 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 sale, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. This represents 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 at this link. 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 transaction, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. BMO Capital Markets upped their price target on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. JPMorgan Chase & Co. upped their target price on O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research note on Monday, July 21st. Citigroup increased their target price on O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, July 25th. UBS Group boosted their price target on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, July 24th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of O’Reilly Automotive in a research report on Saturday, September 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $107.17.

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.