O’Reilly Automotive, Inc. $ORLY Shares Bought by Creative Planning

Creative Planning raised its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,447.4% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 428,667 shares of the specialty retailer’s stock after buying an additional 400,964 shares during the period. Creative Planning’s holdings in O’Reilly Automotive were worth $38,636,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. SG Americas Securities LLC lifted its holdings in O’Reilly Automotive by 3,163.7% in the second quarter. SG Americas Securities LLC now owns 101,502 shares of the specialty retailer’s stock valued at $9,148,000 after acquiring an additional 98,392 shares during the period. Advisory Resource Group lifted its stake in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. Advisory Resource Group now owns 2,625 shares of the specialty retailer’s stock valued at $237,000 after purchasing an additional 2,450 shares during the period. Truepoint Inc. purchased a new stake in O’Reilly Automotive during the second quarter worth $652,000. Meridian Wealth Management LLC grew its position in O’Reilly Automotive by 1,400.5% during the second quarter. Meridian Wealth Management LLC now owns 45,149 shares of the specialty retailer’s stock valued at $4,069,000 after buying an additional 42,140 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in O’Reilly Automotive by 1,494.9% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 209,653 shares of the specialty retailer’s stock valued at $18,896,000 after buying an additional 196,508 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of the firm’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 transaction, the director directly owned 8,125 shares of the company’s stock, valued at $752,375. This trade represents a 27.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.01% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ORLY shares. TD Cowen increased their target price on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Argus initiated coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They issued a “buy” rating and a $120.00 price target for the company. Guggenheim raised their price objective on O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a report on Friday, July 25th. Wolfe Research began coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price objective for the company. Finally, DA Davidson increased their target price on O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Nineteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.89.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $98.80 on Friday. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71. The stock’s fifty day moving average is $101.37 and its two-hundred day moving average is $97.16. The firm has a market capitalization of $83.40 billion, a P/E ratio of 34.23, a PEG ratio of 2.48 and a beta of 0.57.

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

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.