Valeo Financial Advisors LLC Boosts Holdings in O’Reilly Automotive, Inc. $ORLY

Valeo Financial Advisors LLC boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,485.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 20,405 shares of the specialty retailer’s stock after purchasing an additional 19,118 shares during the quarter. Valeo Financial Advisors LLC’s holdings in O’Reilly Automotive were worth $1,884,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ORLY. American Century Companies Inc. increased its holdings in O’Reilly Automotive by 2.9% in the 1st quarter. American Century Companies Inc. now owns 5,849 shares of the specialty retailer’s stock valued at $8,379,000 after acquiring an additional 167 shares during the last quarter. Algert Global LLC bought a new position in shares of O’Reilly Automotive during the 1st quarter valued at about $713,000. Elequin Capital LP purchased a new position in shares of O’Reilly Automotive during the first quarter valued at about $30,000. Brooklyn Investment Group increased its holdings in shares of O’Reilly Automotive by 26.9% in the first quarter. Brooklyn Investment Group now owns 721 shares of the specialty retailer’s stock worth $1,033,000 after purchasing an additional 153 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of O’Reilly Automotive by 0.8% in the first quarter. Northern Trust Corp now owns 657,138 shares of the specialty retailer’s stock worth $941,403,000 after purchasing an additional 5,172 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 John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction dated 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 owned 8,125 shares of the company’s stock, valued at $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Philip M. Hopper sold 3,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the transaction, the senior vice president owned 4,792 shares of the company’s stock, valued at $485,190. This trade represents a 42.21% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 8,980 shares of company stock valued at $882,335. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $95.14 on Tuesday. The business’s 50 day moving average price is $98.46 and its 200-day moving average price is $98.24. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71. The company has a market cap of $80.31 billion, a P/E ratio of 32.96, a P/E/G ratio of 2.22 and a beta of 0.61.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, topping the consensus estimate 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 in the previous year, the firm earned $11.41 earnings per share. O’Reilly Automotive’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, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Robert W. Baird set a $115.00 price target on O’Reilly Automotive and gave the company an “outperform” rating in a research note on Wednesday, December 3rd. Wells Fargo & Company set a $115.00 price objective on O’Reilly Automotive and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Wolfe Research began coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They set an “outperform” rating and a $121.00 target price for the company. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Finally, Barclays set a $91.00 price target on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average price target of $112.05.

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.