ASR Vermogensbeheer N.V. Increases Stake in O'Reilly Automotive, Inc. $ORLY

Key Points

• ASR Vermogensbeheer N.V. significantly increased its stake in O'Reilly Automotive by 1,856.3% during the 2nd quarter, now holding 413,507 shares valued at approximately $37.3 million.
• Multiple analysts raised their price targets for O'Reilly Automotive, with Guggenheim increasing their target from $98 to $110, indicating a positive outlook for the company's stock performance.
• O'Reilly Automotive's recent quarterly earnings reported an EPS of $0.78, matching analysts' expectations, while the company expects to achieve FY 2025 guidance of 2.850-2.950 EPS.

ASR Vermogensbeheer N.V. boosted its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,856.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 413,507 shares of the specialty retailer's stock after purchasing an additional 392,370 shares during the quarter. ASR Vermogensbeheer N.V.'s holdings in O'Reilly Automotive were worth $37,268,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Adero Partners LLC boosted its stake in O'Reilly Automotive by 1.9% during the first quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock worth $609,000 after buying an additional 8 shares during the period. Avior Wealth Management LLC boosted its stake in O'Reilly Automotive by 3.5% during the first quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock worth $342,000 after buying an additional 8 shares during the period. Lindbrook Capital LLC boosted its stake in O'Reilly Automotive by 2.6% during the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock worth $448,000 after buying an additional 8 shares during the period. Geneos Wealth Management Inc. boosted its stake in O'Reilly Automotive by 1.2% during the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer's stock worth $953,000 after buying an additional 8 shares during the period. Finally, Deseret Mutual Benefit Administrators boosted its stake in shares of O'Reilly Automotive by 3.2% during the first quarter. Deseret Mutual Benefit Administrators now owns 291 shares of the specialty retailer's stock valued at $417,000 after purchasing an additional 9 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ORLY has been the subject of several recent research reports. Guggenheim lifted their price objective on O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a report on Friday, July 25th. UBS Group lifted their price objective on O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Royal Bank Of Canada lifted their price objective on O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a report on Friday, July 25th. Wells Fargo & Company boosted their target price on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Finally, JPMorgan Chase & Co. boosted their target price on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, O'Reilly Automotive has a consensus rating of "Buy" and a consensus price target of $107.17.

O'Reilly Automotive Trading Down 2.0%

Shares of NASDAQ ORLY opened at $105.68 on Thursday. The stock has a fifty day simple moving average of $103.33 and a two-hundred day simple moving average of $95.47. O'Reilly Automotive, Inc. has a 1-year low of $75.93 and a 1-year high of $108.71. The firm has a market cap of $89.67 billion, a price-to-earnings ratio of 37.78, a price-to-earnings-growth ratio of 2.85 and a beta of 0.60.

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

Insiders Place Their Bets

In other news, SVP Mark Joseph Merz sold 29,505 shares of the business's stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following the sale, the senior vice president directly owned 4,234 shares of the company's stock, valued at $415,990.50. The trade was a 87.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the company's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.54, for a total value of $9,073,251.90. Following the sale, the senior vice president owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. This trade represents a 89.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 125,635 shares of company stock worth $12,740,916 in the last quarter. 1.01% of the stock is currently owned by company insiders.

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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