Aquatic Capital Management LLC Takes $21.03 Million Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Aquatic Capital Management LLC opened a new position in O'Reilly Automotive, buying 195,018 shares worth about $21.03 million in the third quarter.
• Several large institutions massively increased holdings in Q2 — including Vanguard (~78.8M shares, ~$7.1B), State Street (~37.2M shares, ~$3.35B), Invesco and Norges Bank — leaving institutions owning about 85% of the stock.
• Wall Street shows a “Moderate Buy” consensus with a $110.26 target

Aquatic Capital Management LLC purchased a new position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 195,018 shares of the specialty retailer's stock, valued at approximately $21,025,000.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of O'Reilly Automotive by 1,404.9% during the second quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer's stock valued at $7,105,396,000 after purchasing an additional 73,596,571 shares in the last quarter. State Street Corp raised its position in shares of O'Reilly Automotive by 1,424.2% in the 2nd quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer's stock worth $3,351,014,000 after purchasing an additional 34,740,553 shares during the last quarter. Norges Bank purchased a new stake in shares of O'Reilly Automotive during the second quarter valued at approximately $974,515,000. Invesco Ltd. lifted its position in O'Reilly Automotive by 1,459.7% in the 2nd quarter. Invesco Ltd. now owns 9,482,610 shares of the specialty retailer's stock valued at $854,668,000 after acquiring an additional 8,874,644 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of O'Reilly Automotive by 1,467.8% in the second quarter. Massachusetts Financial Services Co. MA now owns 9,152,716 shares of the specialty retailer's stock worth $824,934,000 after purchasing an additional 8,568,904 shares during the last quarter. Institutional investors own 85.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Robert W. Baird cut O'Reilly Automotive from an "outperform" rating to a "neutral" rating and set a $96.00 target price on the stock. in a research report on Friday, February 6th. Evercore reiterated an "outperform" rating on shares of O'Reilly Automotive in a research report on Friday, January 30th. Truist Financial set a $107.00 price objective on shares of O'Reilly Automotive and gave the stock a "buy" rating in a research note on Friday, February 6th. Wolfe Research upgraded shares of O'Reilly Automotive from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 22nd. Finally, DA Davidson restated a "buy" rating and set a $110.00 target price on shares of O'Reilly Automotive in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, O'Reilly Automotive presently has an average rating of "Moderate Buy" and a consensus target price of $110.26.

O'Reilly Automotive Price Performance

NASDAQ:ORLY opened at $91.54 on Friday. The company has a market cap of $76.76 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 2.04 and a beta of 0.63. O'Reilly Automotive, Inc. has a 1 year low of $85.83 and a 1 year high of $108.71. The stock's 50 day simple moving average is $94.89 and its two-hundred day simple moving average is $97.89.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, February 4th. The specialty retailer reported $0.71 EPS for the quarter, missing analysts' consensus estimates of $0.72 by ($0.01). O'Reilly Automotive had a net margin of 14.27% and a negative return on equity of 239.04%. The firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.39 billion. During the same quarter in the prior year, the company posted $9.50 earnings per share. The firm's revenue was up 7.8% compared to the same quarter last year. O'Reilly Automotive has set its FY 2026 guidance at 3.100-3.200 EPS. As a group, analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

About O'Reilly Automotive

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.

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