Premier Path Wealth Partners LLC Boosts Stake in O’Reilly Automotive, Inc. $ORLY

Premier Path Wealth Partners LLC raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,424.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,527 shares of the specialty retailer’s stock after buying an additional 10,771 shares during the period. Premier Path Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $1,039,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aaron Wealth Advisors LLC grew its position in O’Reilly Automotive by 10.1% during the first quarter. Aaron Wealth Advisors LLC now owns 427 shares of the specialty retailer’s stock valued at $612,000 after buying an additional 39 shares during the period. Ameritas Advisory Services LLC bought a new position in O’Reilly Automotive during the first quarter valued at about $223,000. Mather Group LLC. increased its stake in shares of O’Reilly Automotive by 3.6% during the 1st quarter. Mather Group LLC. now owns 429 shares of the specialty retailer’s stock worth $615,000 after purchasing an additional 15 shares during the last quarter. Vontobel Holding Ltd. increased its stake in shares of O’Reilly Automotive by 46.5% during the 1st quarter. Vontobel Holding Ltd. now owns 1,254 shares of the specialty retailer’s stock worth $1,796,000 after purchasing an additional 398 shares during the last quarter. Finally, Clear Creek Financial Management LLC purchased a new stake in shares of O’Reilly Automotive during the 1st quarter worth approximately $367,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.7%

ORLY stock opened at $95.15 on Friday. The firm has a 50 day moving average of $102.99 and a 200-day moving average of $96.80. O’Reilly Automotive, Inc. has a 12 month low of $76.22 and a 12 month high of $108.71. The firm has a market capitalization of $80.73 billion, a P/E ratio of 32.96, a price-to-earnings-growth ratio of 2.48 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The company had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. During the same period last year, the business earned $11.41 earnings per share. O’Reilly Automotive’s revenue 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. Sell-side analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the firm’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares of the company’s stock, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the transaction, the senior vice president directly owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 91,080 shares of company stock valued at $9,341,746 in the last three months. Company insiders own 1.01% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several research analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of O’Reilly Automotive in a research note on Wednesday, October 8th. Royal Bank Of Canada set a $110.00 price target on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Friday, October 24th. BMO Capital Markets raised their price target on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Mizuho set a $112.00 price target on shares of O’Reilly Automotive in a research note on Monday, October 20th. Finally, Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Eighteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $112.28.

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.