O’Reilly Automotive, Inc. $ORLY Shares Bought by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 55.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,902 shares of the specialty retailer’s stock after acquiring an additional 5,681 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in O’Reilly Automotive were worth $1,714,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Longboard Asset Management LP purchased a new position in shares of O’Reilly Automotive in the 3rd quarter valued at about $232,000. KG&L Capital Management LLC grew its holdings in O’Reilly Automotive by 15.0% in the third quarter. KG&L Capital Management LLC now owns 16,472 shares of the specialty retailer’s stock valued at $1,776,000 after purchasing an additional 2,147 shares during the period. D.A. Davidson & CO. increased its position in shares of O’Reilly Automotive by 3.9% in the third quarter. D.A. Davidson & CO. now owns 60,230 shares of the specialty retailer’s stock valued at $6,493,000 after buying an additional 2,258 shares in the last quarter. CWA Asset Management Group LLC raised its stake in shares of O’Reilly Automotive by 18.6% during the 3rd quarter. CWA Asset Management Group LLC now owns 115,900 shares of the specialty retailer’s stock worth $12,495,000 after buying an additional 18,151 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in shares of O’Reilly Automotive by 24.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 234,636 shares of the specialty retailer’s stock valued at $25,296,000 after buying an additional 45,696 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other O’Reilly Automotive news, 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 completion of the sale, the senior vice president owned 4,792 shares of the company’s stock, valued at $485,190. This trade represents a 42.21% 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, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director owned 8,125 shares in the company, valued at $752,375. This represents a 27.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,980 shares of company stock valued at $882,335 in the last 90 days. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $91.63 on Friday. O’Reilly Automotive, Inc. has a one year low of $79.58 and a one year high of $108.71. The stock has a market cap of $77.34 billion, a PE ratio of 31.74, a P/E/G ratio of 1.93 and a beta of 0.63. The stock has a 50 day moving average price of $95.53 and a 200 day moving average price of $98.30.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results 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. The business had revenue of $4.71 billion during 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 revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the company earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ORLY has been the subject of several recent analyst reports. Mizuho set a $112.00 price target on shares of O’Reilly Automotive in a report on Monday, October 20th. Baird R W raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. Raymond James Financial upgraded shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price target for the company in a research report on Wednesday, November 5th. Morgan Stanley lifted their price objective on O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Finally, Wolfe Research raised O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a report on Monday, December 22nd. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $112.05.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.