Orion Porfolio Solutions LLC Has $4.88 Million Stock Holdings in O’Reilly Automotive, Inc. $ORLY

Orion Porfolio Solutions LLC increased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,511.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 54,087 shares of the specialty retailer’s stock after buying an additional 50,731 shares during the period. Orion Porfolio Solutions LLC’s holdings in O’Reilly Automotive were worth $4,875,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of O’Reilly Automotive by 1,404.9% during the second quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock worth $7,105,396,000 after acquiring an additional 73,596,571 shares during the period. State Street Corp lifted its holdings in O’Reilly Automotive by 1,424.2% during the 2nd quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock worth $3,351,014,000 after purchasing an additional 34,740,553 shares during the last quarter. Geode Capital Management LLC boosted its stake in O’Reilly Automotive by 1,443.1% in the 2nd 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 boosted its stake in O’Reilly Automotive by 1,317.8% in the 2nd 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 during the period. Finally, Jennison Associates LLC grew its holdings in O’Reilly Automotive by 1,820.9% in the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock valued at $1,272,363,000 after buying an additional 13,382,074 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Raymond James Financial raised O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 target price for the company in a report on Wednesday, November 5th. Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. Robert W. Baird set a $115.00 target price on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Royal Bank Of Canada set a $110.00 price target on O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Friday, October 24th. Finally, The Goldman Sachs Group set a $121.00 price target on O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $112.05.

Insiders Place Their Bets

In other news, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction 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 completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares in the company, valued at approximately $752,375. This represents a 27.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 8,980 shares of company stock valued at $882,335. 1.01% of the stock is currently owned by insiders.

O’Reilly Automotive Stock Down 2.4%

NASDAQ:ORLY opened at $92.90 on Wednesday. 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 simple moving average is $98.29 and its 200 day simple moving average is $98.25. The firm has a market capitalization of $78.42 billion, a PE ratio of 32.18, a price-to-earnings-growth ratio of 2.24 and a beta of 0.62.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The firm had revenue of $4.71 billion during the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

O’Reilly Automotive 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.