SVB Wealth LLC Purchases 16,575 Shares of O’Reilly Automotive, Inc. $ORLY

SVB Wealth LLC grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,094.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,090 shares of the specialty retailer’s stock after acquiring an additional 16,575 shares during the period. SVB Wealth LLC’s holdings in O’Reilly Automotive were worth $1,630,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of ORLY. Elequin Capital LP acquired a new position in O’Reilly Automotive during the 1st quarter worth about $30,000. Saudi Central Bank acquired a new position in shares of O’Reilly Automotive during the first quarter worth approximately $33,000. Accredited Wealth Management LLC bought a new stake in shares of O’Reilly Automotive during the first quarter valued at approximately $42,000. SouthState Corp bought a new position in O’Reilly Automotive in the 1st quarter worth approximately $73,000. Finally, Greenline Partners LLC lifted its holdings in O’Reilly Automotive by 18.2% during the 1st quarter. Greenline Partners LLC now owns 65 shares of the specialty retailer’s stock worth $93,000 after buying an additional 10 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In related news, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total value of $354,375.00. Following the transaction, the senior vice president owned 4,792 shares in the company, valued at approximately $485,190. This trade represents a 42.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total transaction of $238,585.05. Following the sale, the senior vice president directly owned 28 shares of the company’s stock, valued at approximately $2,836.68. This trade represents a 98.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 8,980 shares of company stock valued at $882,335. 1.01% of the stock is owned by corporate insiders.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $98.11 on Tuesday. The stock has a market cap of $82.81 billion, a PE ratio of 33.99, a P/E/G ratio of 2.33 and a beta of 0.61. O’Reilly Automotive, Inc. has a 52-week low of $78.30 and a 52-week high of $108.71. The firm has a 50-day moving average of $99.57 and a 200-day moving average of $98.12.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. During the same period last year, the firm posted $11.41 EPS. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Analyst Ratings Changes

ORLY has been the subject of a number of recent research reports. TD Cowen boosted their target price on O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research report on Monday, September 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Morgan Stanley boosted their price target on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. The Goldman Sachs Group set a $121.00 target price on shares of O’Reilly Automotive and gave the company a “buy” rating in a research report on Friday, October 24th. Finally, Royal Bank Of Canada set a $110.00 target price on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $112.05.

O’Reilly Automotive 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.