ETF Store Inc. Increases Stock Holdings in O’Reilly Automotive, Inc. $ORLY

ETF Store Inc. grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% during the second quarter, HoldingsChannel reports. The firm owned 10,635 shares of the specialty retailer’s stock after purchasing an additional 9,926 shares during the quarter. O’Reilly Automotive comprises approximately 1.1% of ETF Store Inc.’s portfolio, making the stock its 24th biggest holding. ETF Store Inc.’s holdings in O’Reilly Automotive were worth $959,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Savant Capital LLC increased its stake in O’Reilly Automotive by 3,541.3% in the 2nd quarter. Savant Capital LLC now owns 24,069 shares of the specialty retailer’s stock valued at $2,169,000 after buying an additional 23,408 shares during the period. OneAscent Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive in the second quarter valued at about $245,000. Middleton & Co. Inc. MA increased its stake in shares of O’Reilly Automotive by 1,278.3% during the second quarter. Middleton & Co. Inc. MA now owns 211,530 shares of the specialty retailer’s stock worth $19,065,000 after acquiring an additional 196,183 shares during the period. Soltis Investment Advisors LLC raised its holdings in O’Reilly Automotive by 1,522.4% during the second quarter. Soltis Investment Advisors LLC now owns 63,726 shares of the specialty retailer’s stock worth $5,744,000 after purchasing an additional 59,798 shares in the last quarter. Finally, Spurstone Advisory Services LLC acquired a new stake in O’Reilly Automotive in the second quarter valued at about $41,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction that occurred 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 completion of the transaction, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares in the company, valued at approximately $752,375. The trade was a 27.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 92,205 shares of company stock worth $9,423,501. Insiders own 1.01% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the topic of several recent analyst reports. Evercore ISI boosted their target price on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Mizuho set a $112.00 price objective on O’Reilly Automotive in a research report on Monday, October 20th. DA Davidson raised their target price on O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 25th. Finally, Barclays set a $91.00 target price on shares of O’Reilly Automotive and gave the stock an “equal weight” rating in a research report on Monday, October 27th. Nineteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.89.

O’Reilly Automotive Stock Performance

ORLY opened at $95.00 on Friday. The company has a market cap of $80.61 billion, a price-to-earnings ratio of 32.91, a PEG ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a one year low of $78.30 and a one year high of $108.71. The business’s fifty day moving average is $102.07 and its two-hundred day moving average is $96.84.

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

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.