Paragon Financial Partners Inc. Purchases 18,200 Shares of O’Reilly Automotive, Inc. $ORLY

Paragon Financial Partners Inc. boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% in the second quarter, Holdings Channel.com reports. The firm owned 19,500 shares of the specialty retailer’s stock after buying an additional 18,200 shares during the quarter. O’Reilly Automotive comprises approximately 1.2% of Paragon Financial Partners Inc.’s investment portfolio, making the stock its 18th largest position. Paragon Financial Partners Inc.’s holdings in O’Reilly Automotive were worth $1,758,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. William Blair Investment Management LLC grew its stake in shares of O’Reilly Automotive by 1,269.2% in the second quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer’s stock worth $319,428,000 after acquiring an additional 3,285,249 shares during the last quarter. TD Asset Management Inc grew its stake in shares of O’Reilly Automotive by 1,214.0% in the second quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer’s stock worth $194,567,000 after acquiring an additional 1,994,449 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its stake in shares of O’Reilly Automotive by 1,052.9% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer’s stock worth $155,240,000 after acquiring an additional 1,573,010 shares during the last quarter. Congress Asset Management Co. grew its stake in shares of O’Reilly Automotive by 1,385.2% in the second quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer’s stock worth $142,449,000 after acquiring an additional 1,474,068 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of O’Reilly Automotive by 1,438.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer’s stock worth $125,150,000 after acquiring an additional 1,298,307 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the topic of a number of recent research reports. Argus initiated coverage on O’Reilly Automotive in a research note on Wednesday, August 13th. They issued a “buy” rating and a $120.00 target price on the stock. Wells Fargo & Company set a $115.00 target price on O’Reilly Automotive and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. BMO Capital Markets increased their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Royal Bank Of Canada increased their target price on O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of O’Reilly Automotive in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $110.04.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $101.21 on Thursday. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The stock has a market capitalization of $85.88 billion, a PE ratio of 36.18, a price-to-earnings-growth ratio of 2.68 and a beta of 0.60. The business’s fifty day moving average is $103.73 and its 200 day moving average is $96.48.

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, topping the consensus estimate of $0.83 by $0.02. The business had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the firm posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, sell-side analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Shari Lynne Reaves sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of the firm’s stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following the completion of the transaction, the senior vice president directly owned 4,234 shares in the company, valued at $415,990.50. The trade was a 87.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 125,635 shares of company stock valued at $12,740,916. Company insiders own 1.01% of the company’s stock.

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.