MorganRosel Wealth Management LLC Sells 6,973 Shares of O’Reilly Automotive, Inc. $ORLY

MorganRosel Wealth Management LLC lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 40.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,325 shares of the specialty retailer’s stock after selling 6,973 shares during the period. MorganRosel Wealth Management LLC’s holdings in O’Reilly Automotive were worth $1,113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in O’Reilly Automotive by 1,404.9% during the 2nd quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock worth $7,105,396,000 after buying an additional 73,596,571 shares during the period. State Street Corp grew its stake in O’Reilly Automotive by 1,424.2% in the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after acquiring an additional 34,740,553 shares during the period. Geode Capital Management LLC increased its holdings in shares of O’Reilly Automotive by 1,443.1% during the second quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock valued at $2,130,866,000 after acquiring an additional 22,144,563 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of O’Reilly Automotive by 1,317.8% during the second quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock worth $1,590,894,000 after purchasing an additional 16,406,181 shares during the period. Finally, Jennison Associates LLC raised its position in shares of O’Reilly Automotive by 1,820.9% during the second quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock worth $1,272,363,000 after purchasing an additional 13,382,074 shares during the period. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Up 2.4%

Shares of NASDAQ:ORLY opened at $93.80 on Monday. The firm has a market capitalization of $79.18 billion, a PE ratio of 32.49, a P/E/G ratio of 1.99 and a beta of 0.63. The company has a 50-day moving average price of $95.51 and a two-hundred day moving average price of $98.45. O’Reilly Automotive, Inc. has a twelve month low of $79.58 and a twelve month high of $108.71.

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

Insiders Place Their Bets

In related news, SVP Philip M. Hopper sold 3,500 shares of the stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total transaction of $354,375.00. Following the sale, the senior vice president owned 4,792 shares of the company’s stock, valued at approximately $485,190. This represents a 42.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the transaction, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. This represents a 27.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,980 shares of company stock worth $882,335 over the last 90 days. Corporate insiders own 1.01% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on ORLY shares. TD Cowen upped their price objective on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Baird R W upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a report on Thursday, December 4th. UBS Group reiterated a “buy” rating and set a $120.00 price target (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Mizuho set a $112.00 price objective on O’Reilly Automotive in a research note on Monday, October 20th. Finally, Wells Fargo & Company set a $115.00 target price on O’Reilly Automotive and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $112.05.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.