WealthBridge Capital Management LLC Has $458,000 Stock Position in O’Reilly Automotive, Inc. $ORLY

WealthBridge Capital Management LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3,245.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,085 shares of the specialty retailer’s stock after acquiring an additional 4,933 shares during the quarter. WealthBridge Capital Management LLC’s holdings in O’Reilly Automotive were worth $458,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Oxbow Advisors LLC raised its holdings in O’Reilly Automotive by 785.7% in the 2nd quarter. Oxbow Advisors LLC now owns 66,315 shares of the specialty retailer’s stock valued at $5,977,000 after acquiring an additional 58,828 shares in the last quarter. Providence First Trust Co grew its holdings in shares of O’Reilly Automotive by 1,433.6% during the 2nd quarter. Providence First Trust Co now owns 6,855 shares of the specialty retailer’s stock worth $618,000 after purchasing an additional 6,408 shares in the last quarter. Maryland State Retirement & Pension System increased its position in shares of O’Reilly Automotive by 1,431.9% in the second quarter. Maryland State Retirement & Pension System now owns 41,422 shares of the specialty retailer’s stock worth $3,733,000 after purchasing an additional 38,718 shares during the period. Vanguard Group Inc. raised its stake in O’Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after purchasing an additional 75,125 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC raised its stake in O’Reilly Automotive by 1,063.1% in the second quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock valued at $9,724,000 after purchasing an additional 98,616 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the sale, the director owned 8,125 shares in the company, valued at $752,375. The trade was a 27.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.01% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ORLY shares. Wolfe Research started coverage on shares of O’Reilly Automotive in a research note on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective on the stock. BMO Capital Markets upped their price target on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Barclays set a $91.00 price target on shares of O’Reilly Automotive and gave the stock an “equal weight” rating in a research report on Monday, October 27th. Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday, August 12th. Finally, Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Nineteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $111.89.

O’Reilly Automotive Trading Up 1.4%

Shares of O’Reilly Automotive stock opened at $100.43 on Friday. The firm’s 50 day moving average is $100.62 and its 200 day moving average is $97.33. The firm has a market capitalization of $84.77 billion, a PE ratio of 34.79, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a 1 year low of $78.30 and a 1 year high of $108.71.

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

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.