Frazier Financial Advisors LLC Purchases 408 Shares of O’Reilly Automotive, Inc. $ORLY

Frazier Financial Advisors LLC lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,406.9% in the 2nd quarter, Holdings Channel reports. The fund owned 437 shares of the specialty retailer’s stock after buying an additional 408 shares during the quarter. Frazier Financial Advisors LLC’s holdings in O’Reilly Automotive were worth $39,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in ORLY. Bank of Jackson Hole Trust bought a new stake in O’Reilly Automotive during the 1st quarter valued at $25,000. HWG Holdings LP bought a new stake in O’Reilly Automotive during the 1st quarter worth approximately $26,000. Oakworth Capital Inc. increased its holdings in shares of O’Reilly Automotive by 1,257.1% in the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 264 shares during the period. HighMark Wealth Management LLC raised its position in shares of O’Reilly Automotive by 1,400.0% in the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after buying an additional 280 shares in the last quarter. Finally, ORG Partners LLC boosted its stake in O’Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 277 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

ORLY stock opened at $102.88 on Tuesday. The firm has a market cap of $87.29 billion, a P/E ratio of 36.78, a P/E/G ratio of 2.70 and a beta of 0.60. The firm’s fifty day moving average is $103.93 and its 200 day moving average is $96.17. O’Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting 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 business had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same period in the prior year, the business posted $10.55 earnings per share. The company’s revenue 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, analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Upgrades and Downgrades

ORLY has been the topic of a number of research analyst reports. Wolfe Research initiated coverage on O’Reilly Automotive in a research note on Thursday, September 18th. They issued an “outperform” rating and a $121.00 target price on the stock. Truist Financial raised their target price on shares of O’Reilly Automotive from $103.00 to $109.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Argus initiated coverage on shares of O’Reilly Automotive in a research report on Wednesday, August 13th. They set a “buy” rating and a $120.00 target price for the company. Evercore ISI increased their price target on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. Finally, DA Davidson raised their price objective on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and a consensus price target of $107.17.

Insider Buying and Selling

In other O’Reilly Automotive news, 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 directly owned 12,826 shares of the company’s stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Joseph Merz sold 29,505 shares of the business’s stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total value of $2,898,866.25. Following the completion of the sale, the senior vice president owned 4,234 shares of the company’s stock, valued at $415,990.50. The trade was a 87.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock valued at $12,740,916 in the last 90 days. 1.01% of the stock is owned by insiders.

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.