Burling Wealth Partners LLC Grows Position in O’Reilly Automotive, Inc. $ORLY

Burling Wealth Partners LLC grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,616.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,747 shares of the specialty retailer’s stock after buying an additional 6,354 shares during the period. Burling Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $608,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ORLY. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in O’Reilly Automotive by 1,963.4% in the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 180,138 shares of the specialty retailer’s stock worth $16,216,000 after purchasing an additional 171,408 shares in the last quarter. Nixon Peabody Trust Co. increased its holdings in shares of O’Reilly Automotive by 1,400.0% in the second quarter. Nixon Peabody Trust Co. now owns 4,065 shares of the specialty retailer’s stock valued at $366,000 after purchasing an additional 3,794 shares during the last quarter. Clearstead Trust LLC lifted its position in O’Reilly Automotive by 1,423.4% during the second quarter. Clearstead Trust LLC now owns 18,585 shares of the specialty retailer’s stock worth $1,675,000 after buying an additional 17,365 shares in the last quarter. Arvest Bank Trust Division boosted its stake in O’Reilly Automotive by 1,260.5% during the second quarter. Arvest Bank Trust Division now owns 4,095 shares of the specialty retailer’s stock worth $369,000 after buying an additional 3,794 shares during the last quarter. Finally, Fiera Capital Corp boosted its stake in O’Reilly Automotive by 1,371.8% during the second quarter. Fiera Capital Corp now owns 4,695 shares of the specialty retailer’s stock worth $423,000 after buying an additional 4,376 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $98.80 on Friday. The company has a market cap of $83.40 billion, a price-to-earnings ratio of 34.23, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57. The stock’s 50-day moving average is $101.37 and its two-hundred day moving average is $97.13. O’Reilly Automotive, Inc. has a 1-year low of $78.30 and a 1-year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. During the same quarter last year, the business posted $11.41 EPS. The business’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. Equities research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the transaction, the director directly owned 8,125 shares of the company’s stock, valued at $752,375. This represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.01% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ORLY has been the topic of several analyst reports. BMO Capital Markets lifted their price target on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Friday, October 24th. Wolfe Research assumed coverage on shares of O’Reilly Automotive in a research note on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price target for the company. JPMorgan Chase & Co. raised their price target on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a report on Monday, July 21st. Finally, The Goldman Sachs Group set a $121.00 price objective on O’Reilly Automotive and gave the company a “buy” rating in a report on Friday, October 24th. Nineteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average target price of $111.89.

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.