Steward Partners Investment Advisory LLC Has $15.42 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

Steward Partners Investment Advisory LLC increased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,494.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 171,065 shares of the specialty retailer’s stock after purchasing an additional 160,339 shares during the period. Steward Partners Investment Advisory LLC’s holdings in O’Reilly Automotive were worth $15,418,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Bank of Jackson Hole Trust bought a new stake in shares of O’Reilly Automotive during the first quarter worth $25,000. Elequin Capital LP bought a new position in shares of O’Reilly Automotive in the first quarter valued at $30,000. Saudi Central Bank acquired a new position in shares of O’Reilly Automotive during the 1st quarter worth about $33,000. Accredited Wealth Management LLC acquired a new stake in O’Reilly Automotive in the 1st quarter valued at about $42,000. Finally, SouthState Corp bought a new position in O’Reilly Automotive during the first quarter worth about $73,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 1.4%

Shares of NASDAQ:ORLY opened at $99.00 on Tuesday. The firm has a market capitalization of $83.57 billion, a price-to-earnings ratio of 34.30, a PEG ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a twelve month low of $78.30 and a twelve month high of $108.71. The stock’s 50 day moving average is $100.47 and its 200-day moving average is $97.46.

O’Reilly Automotive (NASDAQ:ORLY) last issued 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 negative return on equity of 206.86% and a net margin of 14.23%.The firm had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. During the same period in the prior year, the business posted $11.41 earnings per share. The company’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.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the transaction, the director directly owned 8,125 shares in the company, valued at approximately $752,375. The trade was a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.01% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ORLY. Raymond James Financial upgraded shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 target price for the company in a research note on Wednesday, November 5th. Wolfe Research initiated coverage on shares of O’Reilly Automotive in a research report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective for the company. Royal Bank Of Canada set a $110.00 price objective on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Friday, October 24th. Wells Fargo & Company set a $115.00 target price on O’Reilly Automotive and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Finally, Argus assumed coverage on shares of O’Reilly Automotive in a research report on Wednesday, August 13th. They set 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 issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $111.89.

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.