O’Reilly Automotive, Inc. $ORLY Shares Bought by IFM Investors Pty Ltd

IFM Investors Pty Ltd grew its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,448.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,990 shares of the specialty retailer’s stock after acquiring an additional 155,272 shares during the period. IFM Investors Pty Ltd’s holdings in O’Reilly Automotive were worth $14,961,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in ORLY. Bank of Jackson Hole Trust acquired a new position in O’Reilly Automotive during the 1st quarter worth $25,000. HWG Holdings LP bought a new position in shares of O’Reilly Automotive in the 1st quarter worth about $26,000. HighMark Wealth Management LLC lifted its position in shares of O’Reilly Automotive by 185.7% in the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock worth $29,000 after buying an additional 13 shares during the last quarter. Elequin Capital LP bought a new position in shares of O’Reilly Automotive in the 1st quarter worth about $30,000. Finally, Saudi Central Bank bought a new position in shares of O’Reilly Automotive in the 1st quarter worth about $33,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. UBS Group raised their price target on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. BMO Capital Markets raised their price target on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Guggenheim raised their price target on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Royal Bank Of Canada raised their price target on shares of O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Finally, Citigroup lifted 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. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $107.17.

O’Reilly Automotive Trading Up 0.2%

O’Reilly Automotive stock opened at $103.93 on Friday. The stock has a market cap of $88.18 billion, a price-to-earnings ratio of 37.15, a PEG ratio of 2.74 and a beta of 0.60. The company’s 50-day moving average price is $101.37 and its two-hundred day moving average price is $94.53. O’Reilly Automotive, Inc. has a 52 week low of $73.33 and a 52 week high of $108.42.

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

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 29,505 shares of the firm’s stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares of the company’s stock, valued at approximately $415,990.50. This trade represents a 87.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Maria Sastre sold 595 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the transaction, the director directly owned 15,935 shares in the company, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock worth $12,740,916 in the last 90 days. Corporate insiders own 1.01% of the company’s stock.

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.