Aberdeen Group plc Has $78.42 Million Stake in O'Reilly Automotive, Inc. $ORLY

Key Points

• Aberdeen Group plc significantly increased its stake in O'Reilly Automotive, acquiring 878,445 shares valued at approximately $78.42 million, marking a 1,647.3% increase in the second quarter.
• Multiple institutional investors have also boosted their holdings in O'Reilly Automotive, with Vanguard Group and Vaughan Nelson Investment Management increasing their stakes by 1.5% and 1,052.9%, respectively.
• O'Reilly Automotive reported a net margin of 14.15% for the last quarter, with a net revenue of $4.53 billion, and analysts project an earnings per share of 43.94 for the current year.

Aberdeen Group plc raised its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,647.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 878,445 shares of the specialty retailer's stock after buying an additional 828,171 shares during the period. Aberdeen Group plc owned about 0.10% of O'Reilly Automotive worth $78,419,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake 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 buying an additional 75,125 shares during the period. Wellington Management Group LLP boosted its stake in shares of O'Reilly Automotive by 20.8% during the 1st quarter. Wellington Management Group LLP now owns 1,924,603 shares of the specialty retailer's stock valued at $2,757,148,000 after buying an additional 330,964 shares during the period. Vaughan Nelson Investment Management L.P. boosted its stake in shares of O'Reilly Automotive by 1,052.9% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer's stock valued at $155,240,000 after buying an additional 1,573,010 shares during the period. Congress Asset Management Co. boosted its stake in shares of O'Reilly Automotive by 1,385.2% during the 2nd quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer's stock valued at $142,449,000 after buying an additional 1,474,068 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its stake in shares of O'Reilly Automotive by 1,438.7% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,388,550 shares of the specialty retailer's stock valued at $125,150,000 after buying an additional 1,298,307 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ORLY. Wells Fargo & Company lifted their target price on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Argus started coverage on shares of O'Reilly Automotive in a research note on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price objective for the company. BMO Capital Markets lifted their price objective on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. TD Cowen lifted their price objective on shares of O'Reilly Automotive from $112.00 to $125.00 and gave the company a "buy" rating in a research note on Monday, September 15th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of O'Reilly Automotive in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $107.17.

Insider Buying and Selling at O'Reilly Automotive

In related news, SVP Shari Lynne Reaves sold 2,000 shares of the company's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president owned 12,826 shares of the company's stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Mark Joseph Merz sold 5,050 shares of the company's stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total transaction of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares in the company, valued at approximately $284,925.32. The trade was a 63.71% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 125,635 shares of company stock worth $12,740,916. Insiders own 1.01% of the company's stock.

O'Reilly Automotive Price Performance

Shares of ORLY opened at $102.15 on Friday. The company has a market capitalization of $86.67 billion, a PE ratio of 36.52, a price-to-earnings-growth ratio of 2.70 and a beta of 0.60. O'Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The company's fifty day moving average price is $103.90 and its 200 day moving average price is $96.10.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting the consensus estimate of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. During the same quarter last year, the firm posted $10.55 EPS. The business's quarterly revenue 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. Analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

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.

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