Crestwood Advisors Group LLC Raises Holdings in O’Reilly Automotive, Inc. $ORLY

Crestwood Advisors Group LLC lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,345.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 22,797 shares of the specialty retailer’s stock after acquiring an additional 21,220 shares during the period. Crestwood Advisors Group LLC’s holdings in O’Reilly Automotive were worth $2,055,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Bank of Jackson Hole Trust purchased a new stake in shares of O’Reilly Automotive during the first quarter worth about $25,000. Elequin Capital LP purchased a new stake in shares of O’Reilly Automotive during the first quarter worth about $30,000. Saudi Central Bank purchased a new stake in shares of O’Reilly Automotive during the first quarter worth about $33,000. Accredited Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the first quarter worth about $42,000. Finally, Vestor Capital LLC purchased a new stake in shares of O’Reilly Automotive during the first quarter worth about $43,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 1.2%

Shares of NASDAQ:ORLY opened at $94.94 on Thursday. O’Reilly Automotive, Inc. has a 12-month low of $78.30 and a 12-month high of $108.71. The company has a market capitalization of $80.56 billion, a PE ratio of 32.89, a PEG ratio of 2.48 and a beta of 0.57. The business has a 50 day moving average of $102.25 and a two-hundred day moving average of $96.85.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The company had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. During the same period in the previous year, the company posted $11.41 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ORLY shares. DA Davidson lifted their target price on O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Morgan Stanley lifted their target price on O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. Wolfe Research started coverage on O’Reilly Automotive in a report on Thursday, September 18th. They set an “outperform” rating and a $121.00 target price for the company. Finally, Argus started coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They set a “buy” rating and a $120.00 target price for the company. Nineteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.89.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the business’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 transaction, the director directly owned 15,935 shares of the company’s stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Carl David Wilbanks sold 88,485 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the transaction, the senior vice president directly owned 10,305 shares of the company’s stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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.