O’Reilly Automotive, Inc. $ORLY Shares Acquired by Brookstone Capital Management

Brookstone Capital Management increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 16.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 144,312 shares of the specialty retailer’s stock after purchasing an additional 20,324 shares during the period. Brookstone Capital Management’s holdings in O’Reilly Automotive were worth $15,558,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in ORLY. Brant Point Investment Management LLC raised its holdings in O’Reilly Automotive by 1,244.7% during the second quarter. Brant Point Investment Management LLC now owns 149,520 shares of the specialty retailer’s stock worth $13,476,000 after purchasing an additional 138,401 shares in the last quarter. Ameritas Advisory Services LLC increased its position in O’Reilly Automotive by 1,898.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 3,117 shares of the specialty retailer’s stock worth $281,000 after purchasing an additional 2,961 shares during the period. Oxbow Advisors LLC increased its position in O’Reilly Automotive by 785.7% during the 2nd quarter. Oxbow Advisors LLC now owns 66,315 shares of the specialty retailer’s stock worth $5,977,000 after purchasing an additional 58,828 shares during the period. Providence First Trust Co raised its stake in shares of O’Reilly Automotive by 1,433.6% during the 2nd quarter. Providence First Trust Co now owns 6,855 shares of the specialty retailer’s stock worth $618,000 after buying an additional 6,408 shares in the last quarter. Finally, Bank of Nova Scotia lifted its holdings in shares of O’Reilly Automotive by 7,192.8% in the 2nd quarter. Bank of Nova Scotia now owns 454,781 shares of the specialty retailer’s stock valued at $40,989,000 after buying an additional 448,545 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on ORLY shares. Truist Financial set a $109.00 price objective on O’Reilly Automotive in a report on Friday, October 24th. Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Friday, October 24th. Baird R W raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Finally, Cowen reissued a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, O’Reilly Automotive has an average rating of “Buy” and a consensus target price of $112.05.

Insider Transactions at O’Reilly Automotive

In other news, Director John Raymond Murphy sold 3,125 shares of the firm’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 transaction of $289,375.00. Following the completion of the transaction, the director directly owned 8,125 shares of the company’s stock, valued at $752,375. This trade represents a 27.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the senior vice president directly owned 28 shares in the company, valued at approximately $2,836.68. The trade was a 98.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 8,980 shares of company stock valued at $882,335 in the last ninety days. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Up 0.5%

Shares of ORLY stock opened at $92.54 on Thursday. The stock has a market cap of $78.11 billion, a P/E ratio of 32.06, a P/E/G ratio of 2.17 and a beta of 0.62. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71. The business has a fifty day simple moving average of $97.11 and a 200-day simple moving average of $98.23.

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

About O’Reilly Automotive

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.