Boston Family Office LLC Acquires 6,318 Shares of O’Reilly Automotive, Inc. $ORLY

Boston Family Office LLC boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3,900.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,480 shares of the specialty retailer’s stock after buying an additional 6,318 shares during the period. Boston Family Office LLC’s holdings in O’Reilly Automotive were worth $584,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Geneos Wealth Management Inc. lifted its stake in shares of O’Reilly Automotive by 1.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock worth $953,000 after purchasing an additional 8 shares during the last quarter. Hemington Wealth Management raised its holdings in O’Reilly Automotive by 4.5% in the first quarter. Hemington Wealth Management now owns 207 shares of the specialty retailer’s stock worth $296,000 after purchasing an additional 9 shares in the last quarter. Exencial Wealth Advisors LLC raised its holdings in O’Reilly Automotive by 1.4% in the first quarter. Exencial Wealth Advisors LLC now owns 673 shares of the specialty retailer’s stock worth $964,000 after purchasing an additional 9 shares in the last quarter. Cynosure Group LLC lifted its position in shares of O’Reilly Automotive by 2.7% during the first quarter. Cynosure Group LLC now owns 344 shares of the specialty retailer’s stock valued at $493,000 after buying an additional 9 shares during the last quarter. Finally, Cadence Bank boosted its holdings in shares of O’Reilly Automotive by 0.6% in the 1st quarter. Cadence Bank now owns 1,474 shares of the specialty retailer’s stock valued at $2,112,000 after buying an additional 9 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on ORLY. UBS Group reiterated a “buy” rating and set a $120.00 price objective (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Evercore ISI upped their price target on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Cowen reiterated a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. TD Cowen boosted their target price on O’Reilly Automotive from $112.00 to $125.00 and gave the stock a “buy” rating in a research note on Monday, September 15th. Finally, Wolfe Research began coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They set an “outperform” rating and a $121.00 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 MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average price target of $111.89.

O’Reilly Automotive Price Performance

Shares of ORLY stock opened at $101.24 on Tuesday. The business has a fifty day moving average of $100.18 and a 200 day moving average of $97.87. O’Reilly Automotive, Inc. has a 1 year low of $78.30 and a 1 year high of $108.71. The firm has a market capitalization of $85.46 billion, a price-to-earnings ratio of 35.07, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share 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 for the quarter, compared to the consensus estimate of $4.69 billion. During the same quarter in the previous year, the business earned $11.41 EPS. 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. As a group, equities research analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP Christopher Andrew Mancini sold 2,355 shares of the stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total value of $238,585.05. Following the sale, the senior vice president owned 28 shares in the company, valued at $2,836.68. This represents a 98.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total transaction of $354,375.00. Following the transaction, the senior vice president directly owned 4,792 shares of the company’s stock, valued at approximately $485,190. This trade represents a 42.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 8,980 shares of company stock worth $882,335. 1.01% of the stock is owned by company insiders.

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.