MorganRosel Wealth Management LLC Has $1.11 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

MorganRosel Wealth Management LLC reduced its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 40.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,325 shares of the specialty retailer’s stock after selling 6,973 shares during the quarter. MorganRosel Wealth Management LLC’s holdings in O’Reilly Automotive were worth $1,113,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oakworth Capital Inc. boosted its stake in shares of O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 264 shares in the last quarter. HighMark Wealth Management LLC increased its position in O’Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares in the last quarter. Canton Hathaway LLC increased its position in O’Reilly Automotive by 1,400.0% during the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares in the last quarter. ORG Partners LLC lifted its stake in O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 277 shares during the last quarter. Finally, Nemes Rush Group LLC boosted its position in O’Reilly Automotive by 1,400.0% in the second quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 294 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ORLY. Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. Baird R W raised O’Reilly Automotive to a “strong-buy” rating in a report on Thursday, December 4th. UBS Group reissued a “buy” rating and set a $120.00 price target (up from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Finally, Robert W. Baird set a $115.00 price target on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $112.05.

Get Our Latest Research Report on ORLY

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $93.80 on Monday. The company’s 50 day moving average price is $95.51 and its 200-day moving average price is $98.45. O’Reilly Automotive, Inc. has a 52-week low of $79.58 and a 52-week high of $108.71. The company has a market capitalization of $79.18 billion, a P/E ratio of 32.49, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last posted its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.02. The company 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%. O’Reilly Automotive’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In other news, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the transaction, the senior vice president directly owned 28 shares of the company’s stock, valued at $2,836.68. The trade was a 98.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total value of $354,375.00. Following the sale, the senior vice president directly owned 4,792 shares of the company’s stock, valued at $485,190. This represents a 42.21% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 8,980 shares of company stock valued at $882,335. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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