O’Reilly Automotive, Inc. $ORLY Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,595.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 317,328 shares of the specialty retailer’s stock after buying an additional 298,616 shares during the period. Cetera Investment Advisers’ holdings in O’Reilly Automotive were worth $28,601,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Jackson Hole Trust acquired a new stake in O’Reilly Automotive in the 1st quarter valued at about $25,000. Oakworth Capital Inc. grew its position in shares of O’Reilly Automotive by 1,257.1% in the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 264 shares in the last quarter. HighMark Wealth Management LLC increased its holdings in shares of O’Reilly Automotive by 1,400.0% in the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares during the last quarter. Canton Hathaway LLC lifted its position in O’Reilly Automotive by 1,400.0% during the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after buying an additional 280 shares in the last quarter. Finally, ORG Partners LLC boosted its stake in O’Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after buying an additional 277 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $99.56 on Tuesday. The firm has a market cap of $84.04 billion, a P/E ratio of 34.49, a P/E/G ratio of 2.48 and a beta of 0.57. The firm’s 50 day moving average price is $101.24 and its 200-day moving average price is $97.22. O’Reilly Automotive, Inc. has a one year low of $78.30 and a one year 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 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 company had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. During the same quarter in the previous year, the company earned $11.41 earnings per share. The firm’s quarterly 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. As a group, research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Analyst Ratings Changes

ORLY has been the subject of a number of recent research reports. Barclays set a $91.00 target price on O’Reilly Automotive and gave the stock an “equal weight” rating in a research note on Monday, October 27th. Guggenheim raised their price objective on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Citigroup boosted their target price on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a report on Friday, July 25th. DA Davidson increased their price target on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Finally, Raymond James Financial raised shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price target on the stock in a research report on Wednesday, November 5th. Nineteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $111.89.

Insider Activity

In related news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the transaction, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. This represents a 27.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.