Westfield Capital Management Co. LP Makes New $55.20 Million Investment in O’Reilly Automotive, Inc. $ORLY

Westfield Capital Management Co. LP purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 612,389 shares of the specialty retailer’s stock, valued at approximately $55,195,000. Westfield Capital Management Co. LP owned approximately 0.07% of O’Reilly Automotive as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. Geneos Wealth Management Inc. grew its holdings in 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. Journey Strategic Wealth LLC grew its stake in O’Reilly Automotive by 4.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer’s stock worth $317,000 after buying an additional 9 shares during the last quarter. Foundations Investment Advisors LLC increased its position in O’Reilly Automotive by 2.3% during the 1st quarter. Foundations Investment Advisors LLC now owns 395 shares of the specialty retailer’s stock valued at $566,000 after buying an additional 9 shares in the last quarter. Hemington Wealth Management boosted its holdings in O’Reilly Automotive by 4.5% in the first quarter. Hemington Wealth Management now owns 207 shares of the specialty retailer’s stock worth $296,000 after acquiring an additional 9 shares in the last quarter. Finally, Exencial Wealth Advisors LLC grew its stake in shares of O’Reilly Automotive by 1.4% during the first quarter. Exencial Wealth Advisors LLC now owns 673 shares of the specialty retailer’s stock worth $964,000 after acquiring an additional 9 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the subject of several research analyst reports. Citigroup increased their price objective on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Wolfe Research assumed coverage on shares of O’Reilly Automotive in a research note on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective for the company. Morgan Stanley boosted their price objective on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. UBS Group restated a “buy” rating and issued a $120.00 target price (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Finally, DA Davidson increased their price objective on O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 25th. Nineteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $111.89.

Insiders Place Their Bets

In related news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred 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 transaction, the director directly owned 8,125 shares in the company, valued at approximately $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $99.01 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $78.30 and a 1 year high of $108.71. The company has a market capitalization of $83.57 billion, a PE ratio of 34.30, a P/E/G ratio of 2.48 and a beta of 0.57. The company has a fifty day moving average of $100.76 and a 200 day moving average of $97.27.

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

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.