Korea Investment CORP Acquires Shares of 600,666 O'Reilly Automotive, Inc. $ORLY

Key Points

• Korea Investment CORP acquired 600,666 O’Reilly Automotive shares worth approximately $55.3 million, giving it about a 0.07% stake. Institutional investors collectively own roughly 85% of the company.
• Analysts remain broadly positive, with one Strong Buy, 15 Buy and two Hold ratings. O’Reilly has an average “Moderate Buy” rating and an average price target of $107.24.
• O’Reilly met quarterly EPS expectations at $0.86 and reported $4.89 billion in revenue, up 8.1% year over year. Meanwhile, insiders sold 6,200 shares worth approximately $568,684 over the past three months.

Korea Investment CORP acquired a new position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 600,666 shares of the specialty retailer's stock, valued at approximately $55,315,000. Korea Investment CORP owned approximately 0.07% of O'Reilly Automotive as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. EP Wealth Advisors LLC bought a new stake in shares of O'Reilly Automotive in the 2nd quarter worth about $36,584,000. Ieq Capital LLC bought a new position in shares of O'Reilly Automotive in the 2nd quarter valued at about $465,000. Callan Family Office LLC bought a new position in shares of O'Reilly Automotive in the 2nd quarter valued at about $6,853,000. Cauble & Harre Wealth Management Inc. purchased a new position in O'Reilly Automotive in the second quarter worth about $486,000. Finally, C M Bidwell & Associates Ltd. purchased a new position in O'Reilly Automotive in the second quarter worth about $161,000. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ORLY shares. Roth Capital restated a "buy" rating and set a $111.00 price objective on shares of O'Reilly Automotive in a research report on Friday, July 31st. Robert W. Baird set a $100.00 target price on O'Reilly Automotive in a report on Friday, July 31st. Evercore reissued an "outperform" rating and set a $115.00 target price on shares of O'Reilly Automotive in a research report on Friday, May 1st. TD Cowen decreased their price target on O'Reilly Automotive from $117.00 to $110.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Finally, Morgan Stanley lowered their price target on O'Reilly Automotive from $112.00 to $108.00 and set an "overweight" rating for the company in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, O'Reilly Automotive presently has an average rating of "Moderate Buy" and an average target price of $107.24.

Insider Buying and Selling

In other O'Reilly Automotive news, Director Maria Sastre sold 2,000 shares of the company's stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total value of $183,700.00. Following the transaction, the director owned 14,970 shares of the company's stock, valued at $1,374,994.50. This represents a 11.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total value of $279,000.00. Following the completion of the sale, the senior vice president owned 189 shares in the company, valued at approximately $17,577. The trade was a 94.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 6,200 shares of company stock valued at $568,684. Insiders own 0.77% of the company's stock.

O'Reilly Automotive Price Performance

O'Reilly Automotive stock opened at $89.11 on Friday. The firm has a market capitalization of $72.09 billion, a P/E ratio of 28.38, a price-to-earnings-growth ratio of 1.95 and a beta of 0.51. O'Reilly Automotive, Inc. has a 1-year low of $82.59 and a 1-year high of $108.71. The company's 50-day moving average is $88.91 and its 200 day moving average is $91.07.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.86. The business had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. O'Reilly Automotive had a negative return on equity of 232.45% and a net margin of 14.27%.The company's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.78 earnings per share. O'Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Research analysts anticipate that O'Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.

O'Reilly Automotive Company Profile

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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