Turtle Creek Wealth Advisors LLC Invests $303,000 in O’Reilly Automotive, Inc. $ORLY

Turtle Creek Wealth Advisors LLC purchased a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 3,362 shares of the specialty retailer’s stock, valued at approximately $303,000.

Other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its position in shares of O’Reilly Automotive by 16.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock worth $33,227,000 after buying an additional 3,272 shares during the period. Vanguard Group Inc. grew its position in shares of O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock worth $7,504,421,000 after buying an additional 75,125 shares during the period. Prime Capital Investment Advisors LLC grew its position in shares of O’Reilly Automotive by 1,063.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock worth $9,724,000 after buying an additional 98,616 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of O’Reilly Automotive by 33.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock worth $836,357,000 after buying an additional 147,904 shares during the period. Finally, First Merchants Corp grew its position in shares of O’Reilly Automotive by 1,392.2% during the 2nd quarter. First Merchants Corp now owns 102,875 shares of the specialty retailer’s stock worth $9,272,000 after buying an additional 95,981 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $101.17 on Friday. O’Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71. The firm’s 50 day moving average price is $103.86 and its two-hundred day moving average price is $96.30. The firm has a market cap of $85.84 billion, a P/E ratio of 36.17, a PEG ratio of 2.70 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. During the same quarter in the previous year, the firm posted $10.55 earnings per share. The business’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. On average, sell-side analysts anticipate 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 research analysts recently issued reports on ORLY shares. JPMorgan Chase & Co. boosted their price objective on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, July 21st. DA Davidson boosted their price objective on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 25th. Barclays restated an “equal weight” rating and set a $86.00 price objective on shares of O’Reilly Automotive in a report on Friday, July 25th. Wells Fargo & Company set a $115.00 price objective on shares of O’Reilly Automotive and gave the company an “overweight” rating in a report on Wednesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of O’Reilly Automotive in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus price target of $109.12.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 29,505 shares of O’Reilly Automotive 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 transaction, the senior vice president owned 4,234 shares of the company’s stock, valued at approximately $415,990.50. The trade was a 87.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the transaction, the senior vice president directly owned 10,305 shares in the company, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 125,635 shares of company stock worth $12,740,916. Corporate insiders own 1.01% of the company’s stock.

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.