O’Reilly Automotive, Inc. $ORLY Position Boosted by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2,214.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,069 shares of the specialty retailer’s stock after buying an additional 41,208 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in O’Reilly Automotive were worth $3,882,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Oxbow Advisors LLC lifted its position in O’Reilly Automotive by 785.7% in the second 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 boosted its stake in 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 valued at $618,000 after purchasing an additional 6,408 shares in the last quarter. Vanguard Group Inc. increased its position in shares of O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after purchasing an additional 75,125 shares during the period. Prime Capital Investment Advisors LLC raised its stake in shares of O’Reilly Automotive by 1,063.1% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock worth $9,724,000 after buying an additional 98,616 shares in the last quarter. Finally, Field & Main Bank lifted its holdings in shares of O’Reilly Automotive by 1,478.9% in the second quarter. Field & Main Bank now owns 7,405 shares of the specialty retailer’s stock valued at $667,000 after buying an additional 6,936 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ORLY shares. UBS Group reaffirmed a “buy” rating and set a $120.00 target price (up from $115.00) on shares of O’Reilly Automotive in a report on Wednesday, October 15th. Evercore ISI boosted their target price on shares of O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, August 12th. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. JPMorgan Chase & Co. lifted their price target on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Finally, Royal Bank Of Canada set a $110.00 price objective on O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Friday, October 24th. Nineteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $111.89.

Insiders Place Their Bets

In related news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares of the company’s stock, valued at approximately $752,375. This represents a 27.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $98.80 on Friday. The firm has a 50 day simple moving average of $101.37 and a 200 day simple moving average of $97.16. O’Reilly Automotive, Inc. has a 52 week low of $78.30 and a 52 week high of $108.71. The company has a market cap of $83.40 billion, a PE ratio of 34.23, a price-to-earnings-growth ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.02. The company had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The company’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business earned $11.41 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, equities analysts predict 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.