O’Reilly Automotive, Inc. $ORLY Shares Bought by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 188.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,724 shares of the specialty retailer’s stock after buying an additional 10,923 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $1,803,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in O’Reilly Automotive by 1,404.9% in the 2nd quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock valued at $7,105,396,000 after acquiring an additional 73,596,571 shares in the last quarter. State Street Corp boosted its stake in shares of O’Reilly Automotive by 1,424.2% in the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after purchasing an additional 34,740,553 shares during the period. Geode Capital Management LLC boosted its stake in shares of O’Reilly Automotive by 1,443.1% in the second quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock valued at $2,130,866,000 after purchasing an additional 22,144,563 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of O’Reilly Automotive by 1,317.8% in the second quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock valued at $1,590,894,000 after purchasing an additional 16,406,181 shares in the last quarter. Finally, Jennison Associates LLC increased its stake in O’Reilly Automotive by 1,820.9% during the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock worth $1,272,363,000 after buying an additional 13,382,074 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ORLY shares. Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Truist Financial set a $109.00 target price on O’Reilly Automotive in a report on Friday, October 24th. Mizuho set a $112.00 target price on O’Reilly Automotive in a research note on Monday, October 20th. Robert W. Baird set a $115.00 price target on O’Reilly Automotive and gave the company an “outperform” rating in a research report on Wednesday, December 3rd. Finally, TD Cowen lifted their price objective on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $112.05.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total transaction of $354,375.00. Following the sale, the senior vice president owned 4,792 shares of the company’s stock, valued at approximately $485,190. This trade represents a 42.21% 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. Also, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the transaction, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. The trade was a 27.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 8,980 shares of company stock worth $882,335 over the last three months. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $91.63 on Friday. 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’s fifty day moving average is $95.53 and its two-hundred day moving average is $98.30. O’Reilly Automotive, Inc. has a 1-year low of $79.58 and a 1-year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (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 business 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 firm posted $11.41 EPS. The business’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. On average, research analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

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.