Fairvoy Private Wealth LLC Purchases 8,473 Shares of O’Reilly Automotive, Inc. $ORLY

Fairvoy Private Wealth LLC boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 658.9% during the 2nd quarter, Holdings Channel reports. The fund owned 9,759 shares of the specialty retailer’s stock after buying an additional 8,473 shares during the period. Fairvoy Private Wealth LLC’s holdings in O’Reilly Automotive were worth $880,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Adero Partners LLC boosted its holdings in O’Reilly Automotive by 1.9% in the first quarter. Adero Partners LLC now owns 425 shares of the specialty retailer’s stock worth $609,000 after acquiring an additional 8 shares in the last quarter. Avior Wealth Management LLC boosted its holdings in O’Reilly Automotive by 3.5% in the first quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer’s stock worth $342,000 after acquiring an additional 8 shares in the last quarter. Lindbrook Capital LLC boosted its holdings in O’Reilly Automotive by 2.6% in the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer’s stock worth $448,000 after acquiring an additional 8 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of O’Reilly Automotive by 1.2% in the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock worth $953,000 after purchasing an additional 8 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators raised its stake in shares of O’Reilly Automotive by 3.2% in the first quarter. Deseret Mutual Benefit Administrators now owns 291 shares of the specialty retailer’s stock worth $417,000 after purchasing an additional 9 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In other news, Director Maria Sastre sold 595 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares of the company’s stock, valued at $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the transaction, the senior vice president directly owned 10,305 shares of the company’s stock, valued at $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock valued at $12,740,916 over the last three months. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $104.79 on Friday. The business has a fifty day simple moving average of $103.61 and a two-hundred day simple moving average of $95.68. O’Reilly Automotive, Inc. has a 1 year low of $76.10 and a 1 year high of $108.71. The company has a market capitalization of $88.91 billion, a P/E ratio of 37.46, a P/E/G ratio of 2.77 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.78. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The business had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. During the same period last year, the business posted $10.55 earnings per share. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ORLY. Royal Bank Of Canada increased their price objective on O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 25th. UBS Group increased their price objective on O’Reilly Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Wolfe Research began coverage on O’Reilly Automotive in a research note on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price objective for the company. Wells Fargo & Company increased their price objective on O’Reilly Automotive from $103.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. increased their price objective on O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research note on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Buy” and a consensus price target of $107.17.

About O’Reilly Automotive

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.