Carmignac Gestion Reduces Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

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Carmignac Gestion lessened its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 27.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,636 shares of the specialty retailer's stock after selling 18,800 shares during the quarter. O'Reilly Automotive comprises 1.1% of Carmignac Gestion's investment portfolio, making the stock its 27th largest position. Carmignac Gestion owned about 0.08% of O'Reilly Automotive worth $69,675,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank Pictet & Cie Europe AG grew its stake in O'Reilly Automotive by 3.5% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock worth $41,848,000 after buying an additional 1,208 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of O'Reilly Automotive during the 4th quarter worth $243,000. Dimensional Fund Advisors LP grew its position in O'Reilly Automotive by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 154,539 shares of the specialty retailer's stock worth $183,246,000 after acquiring an additional 2,884 shares in the last quarter. Capital World Investors grew its position in O'Reilly Automotive by 0.3% in the fourth quarter. Capital World Investors now owns 136,392 shares of the specialty retailer's stock worth $161,734,000 after acquiring an additional 358 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S increased its stake in O'Reilly Automotive by 55.8% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 2,339 shares of the specialty retailer's stock valued at $2,774,000 after acquiring an additional 838 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Trading Down 0.5%

ORLY stock traded down $0.56 during midday trading on Friday, hitting $102.31. The company had a trading volume of 3,483,467 shares, compared to its average volume of 4,655,377. The stock has a market cap of $86.81 billion, a price-to-earnings ratio of 36.57, a PEG ratio of 2.70 and a beta of 0.56. O'Reilly Automotive, Inc. has a 52 week low of $73.11 and a 52 week high of $104.86. The stock's 50 day moving average price is $95.50 and its 200 day moving average price is $92.34.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (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 analysts' expectations of $4.54 billion. During the same quarter last year, the business earned $10.55 earnings per share. The business's 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 predict that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several research analyst reports. Argus began coverage on O'Reilly Automotive in a research note on Wednesday, August 13th. They set a "buy" rating and a $120.00 price target for the company. JPMorgan Chase & Co. boosted their target price on O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. Barclays reiterated an "equal weight" rating and set a $86.00 price target on shares of O'Reilly Automotive in a research report on Friday, July 25th. Truist Financial lifted their price target on shares of O'Reilly Automotive from $103.00 to $109.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Finally, Evercore ISI boosted their price objective 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. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $104.40.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, Director Maria Sastre sold 595 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the transaction, the director owned 15,935 shares of the company's stock, valued at $1,630,309.85. This represents a 3.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Mark Joseph Merz sold 29,505 shares of the 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 completion of the sale, 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 disclosure for this sale can be found here. In the last three months, insiders have sold 155,920 shares of company stock valued at $15,487,502. Company insiders own 1.01% of the company's stock.

O'Reilly Automotive 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.