waypoint wealth counsel Has $352,000 Stock Position in O’Reilly Automotive, Inc. $ORLY

waypoint wealth counsel grew its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,337.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,910 shares of the specialty retailer’s stock after purchasing an additional 3,638 shares during the period. waypoint wealth counsel’s holdings in O’Reilly Automotive were worth $352,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. HWG Holdings LP acquired a new position in O’Reilly Automotive during the 1st quarter worth approximately $26,000. Bank of Jackson Hole Trust acquired a new position in shares of O’Reilly Automotive during the first quarter worth approximately $25,000. HighMark Wealth Management LLC raised its position in shares of O’Reilly Automotive by 185.7% during the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 13 shares during the period. Elequin Capital LP acquired a new position in shares of O’Reilly Automotive during the first quarter worth approximately $30,000. Finally, Saudi Central Bank acquired a new position in shares of O’Reilly Automotive during the first quarter worth approximately $33,000. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $102.15 on Friday. The firm has a market cap of $86.67 billion, a price-to-earnings ratio of 36.52, a price-to-earnings-growth ratio of 2.70 and a beta of 0.60. O’Reilly Automotive, Inc. has a 52 week low of $76.22 and a 52 week high of $108.71. The firm has a 50-day moving average price of $103.90 and a two-hundred day moving average price of $96.10.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts’ consensus estimates of $0.78. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.O’Reilly Automotive’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the business posted $10.55 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on ORLY shares. Barclays restated an “equal weight” rating and set a $86.00 price objective on shares of O’Reilly Automotive in a report on Friday, July 25th. Cowen reiterated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Evercore ISI boosted their price objective on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. Citigroup raised their target price on O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a report on Friday, July 25th. Finally, Wells Fargo & Company raised their target price on O’Reilly Automotive from $103.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $107.17.

Insiders Place Their Bets

In other news, SVP Carl David Wilbanks sold 88,485 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the completion of the sale, the senior vice president directly owned 10,305 shares of the company’s stock, valued at $1,056,674.70. This trade represents a 89.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Mark Joseph Merz sold 5,050 shares of the firm’s stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $99.07, for a total transaction of $500,303.50. Following the sale, the senior vice president owned 2,876 shares of the company’s stock, valued at $284,925.32. This trade represents a 63.71% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is owned by company insiders.

About O’Reilly Automotive

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.