Brookstone Capital Management Acquires 117,548 Shares of O’Reilly Automotive, Inc. $ORLY

Brookstone Capital Management grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,825.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 123,988 shares of the specialty retailer’s stock after buying an additional 117,548 shares during the quarter. Brookstone Capital Management’s holdings in O’Reilly Automotive were worth $11,175,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of ORLY. GAMMA Investing LLC grew its stake in shares of O’Reilly Automotive by 22.3% during the first quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer’s stock valued at $1,822,000 after buying an additional 232 shares during the last quarter. Valmark Advisers Inc. grew its stake in shares of O’Reilly Automotive by 4.7% during the first quarter. Valmark Advisers Inc. now owns 404 shares of the specialty retailer’s stock valued at $579,000 after buying an additional 18 shares during the last quarter. Asset Management One Co. Ltd. grew its stake in shares of O’Reilly Automotive by 6.1% during the first quarter. Asset Management One Co. Ltd. now owns 25,476 shares of the specialty retailer’s stock valued at $36,496,000 after buying an additional 1,473 shares during the last quarter. Consolidated Portfolio Review Corp grew its stake in shares of O’Reilly Automotive by 9.3% during the first quarter. Consolidated Portfolio Review Corp now owns 328 shares of the specialty retailer’s stock valued at $470,000 after buying an additional 28 shares during the last quarter. Finally, YHB Investment Advisors Inc. grew its stake in shares of O’Reilly Automotive by 5.7% during the first quarter. YHB Investment Advisors Inc. now owns 259 shares of the specialty retailer’s stock valued at $371,000 after buying an additional 14 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the sale, the director owned 15,935 shares of the company’s stock, valued at approximately $1,630,309.85. This trade represents a 3.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president directly owned 12,826 shares in the company, valued at $1,331,467.06. This trade represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock worth $12,740,916 over the last quarter. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Trading Down 0.1%

Shares of NASDAQ ORLY opened at $101.21 on Thursday. The stock has a market capitalization of $85.88 billion, a PE ratio of 36.18, a price-to-earnings-growth ratio of 2.68 and a beta of 0.60. The stock’s fifty day simple moving average is $103.73 and its two-hundred day simple moving average is $96.48. O’Reilly Automotive, Inc. has a 12-month low of $76.22 and a 12-month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.02. The business had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the firm earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. BMO Capital Markets upped their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Guggenheim increased their price objective on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. increased their price objective on O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research note on Monday, July 21st. Weiss Ratings reissued a “buy (b)” rating on shares of O’Reilly Automotive in a research note on Wednesday, October 8th. Finally, UBS Group reissued a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. One investment 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 company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $110.04.

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.