Allworth Financial LP Purchases 14,625 Shares of O’Reilly Automotive, Inc. $ORLY

Allworth Financial LP boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2,299.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 15,261 shares of the specialty retailer’s stock after buying an additional 14,625 shares during the period. Allworth Financial LP’s holdings in O’Reilly Automotive were worth $1,375,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Bank of Jackson Hole Trust bought a new stake in O’Reilly Automotive during the 1st quarter valued at approximately $25,000. Elequin Capital LP purchased a new stake in O’Reilly Automotive during the 1st quarter valued at approximately $30,000. Saudi Central Bank purchased a new stake in O’Reilly Automotive during the 1st quarter valued at approximately $33,000. Accredited Wealth Management LLC bought a new stake in shares of O’Reilly Automotive during the first quarter valued at approximately $42,000. Finally, Vestor Capital LLC purchased a new position in shares of O’Reilly Automotive in the first quarter worth $43,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction 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 sale, the director directly owned 8,125 shares in the company, valued at $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ORLY shares. The Goldman Sachs Group set a $121.00 target price on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday, October 24th. Barclays set a $91.00 price objective on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a report on Monday, October 27th. 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. BMO Capital Markets boosted their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Finally, Wolfe Research began coverage on O’Reilly Automotive in a report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price target for the company. Nineteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $111.89.

O’Reilly Automotive Trading Up 0.3%

ORLY opened at $98.35 on Friday. The firm has a market cap of $83.45 billion, a P/E ratio of 34.07, a P/E/G ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a 12 month low of $78.30 and a 12 month high of $108.71. The stock has a 50-day moving average of $101.49 and a 200 day moving average of $97.08.

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, beating analysts’ consensus estimates of $0.83 by $0.02. The business had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

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.