O’Reilly Automotive, Inc. $ORLY Stock Position Raised by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,849.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 5,964 shares of the specialty retailer’s stock after purchasing an additional 5,658 shares during the period. Pinnacle Wealth Planning Services Inc.’s holdings in O’Reilly Automotive were worth $538,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new stake in shares of O’Reilly Automotive in the first quarter worth $25,000. Oakworth Capital Inc. boosted its position in O’Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 264 shares during the period. HighMark Wealth Management LLC boosted its position in O’Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 280 shares during the period. Canton Hathaway LLC grew its stake in O’Reilly Automotive by 1,400.0% during the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 280 shares in the last quarter. Finally, ORG Partners LLC increased its holdings in shares of O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 277 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on ORLY. Wells Fargo & Company set a $115.00 price target on shares of O’Reilly Automotive and gave the stock an “overweight” rating in a report on Wednesday, October 15th. BMO Capital Markets increased their target price on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Barclays set a $91.00 price target on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a report on Monday, October 27th. TD Cowen increased their price objective on O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Finally, Argus began 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. Nineteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average target price of $111.89.

O’Reilly Automotive Trading Down 1.2%

O’Reilly Automotive stock opened at $98.33 on Wednesday. O’Reilly Automotive, Inc. has a 1-year low of $78.30 and a 1-year high of $108.71. The firm’s fifty day simple moving average is $101.06 and its 200-day simple moving average is $97.25. The company has a market capitalization of $83.00 billion, a P/E ratio of 34.06, a P/E/G ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. During the same period in the prior year, the company posted $11.41 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Activity

In other 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company 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.