Beacon Pointe Advisors LLC Has $603,000 Stock Position in O’Reilly Automotive, Inc. $ORLY

Beacon Pointe Advisors LLC increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,353.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,688 shares of the specialty retailer’s stock after purchasing an additional 6,228 shares during the period. Beacon Pointe Advisors LLC’s holdings in O’Reilly Automotive were worth $603,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. increased its holdings in O’Reilly Automotive by 1.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock valued at $953,000 after buying an additional 8 shares during the period. Cynosure Group LLC lifted its holdings in shares of O’Reilly Automotive by 2.7% during the 1st quarter. Cynosure Group LLC now owns 344 shares of the specialty retailer’s stock worth $493,000 after acquiring an additional 9 shares during the period. Cadence Bank boosted its position in shares of O’Reilly Automotive by 0.6% during the 1st quarter. Cadence Bank now owns 1,474 shares of the specialty retailer’s stock worth $2,112,000 after acquiring an additional 9 shares in the last quarter. SageView Advisory Group LLC increased its stake in O’Reilly Automotive by 5.1% in the first quarter. SageView Advisory Group LLC now owns 185 shares of the specialty retailer’s stock valued at $265,000 after acquiring an additional 9 shares during the last quarter. Finally, Klingman & Associates LLC raised its position in O’Reilly Automotive by 1.3% during the first quarter. Klingman & Associates LLC now owns 761 shares of the specialty retailer’s stock valued at $1,090,000 after purchasing an additional 10 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ORLY. TD Cowen raised their target price on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a report on Monday, September 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Raymond James Financial upgraded O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 target price on the stock in a research report on Wednesday, November 5th. Truist Financial set a $109.00 target price on shares of O’Reilly Automotive in a report on Friday, October 24th. Finally, The Goldman Sachs Group set a $121.00 price target on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus target price of $112.05.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $98.89 on Monday. O’Reilly Automotive, Inc. has a 52 week low of $78.30 and a 52 week high of $108.71. The firm has a market cap of $83.47 billion, a PE ratio of 34.26, a price-to-earnings-growth ratio of 2.33 and a beta of 0.61. The firm’s fifty day moving average is $99.76 and its 200-day moving average is $98.07.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results 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 analyst estimates of $4.69 billion. During the same period last year, the company earned $11.41 EPS. O’Reilly Automotive’s revenue for the quarter 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. Sell-side analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling

In other news, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 8,125 shares in the company, valued at approximately $752,375. The trade was a 27.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the sale, the senior vice president directly owned 28 shares in the company, valued at approximately $2,836.68. This represents a 98.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,980 shares of company stock valued at $882,335 over the last ninety days. 1.01% of the stock is owned by company insiders.

O’Reilly Automotive Company 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.