Ninety One UK Ltd Boosts Stock Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Ninety One UK Ltd significantly increased its stake in O'Reilly Automotive by 1,244.7%, owning 210,030 shares valued at approximately $18.93 million after acquiring an additional 194,411 shares in the second quarter.
• O'Reilly Automotive reported a net margin of 14.15% and revenue of $4.53 billion for the last quarter, with earnings per share of $0.78, meeting analysts' expectations.
• Analysts have a generally positive outlook on O'Reilly Automotive, with multiple upgrades and a consensus target price of $107.17, reflecting support for the stock's promising future performance.

Ninety One UK Ltd lifted its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,244.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 210,030 shares of the specialty retailer's stock after acquiring an additional 194,411 shares during the quarter. Ninety One UK Ltd's holdings in O'Reilly Automotive were worth $18,930,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of O'Reilly Automotive by 16.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer's stock valued at $33,227,000 after buying an additional 3,272 shares in the last quarter. Vanguard Group Inc. raised its holdings in O'Reilly Automotive by 1.5% during the first quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock valued at $7,504,421,000 after acquiring an additional 75,125 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of O'Reilly Automotive by 33.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock valued at $836,357,000 after acquiring an additional 147,904 shares in the last quarter. CCM Investment Group LLC purchased a new position in shares of O'Reilly Automotive in the first quarter valued at about $4,672,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of O'Reilly Automotive by 52.4% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,242 shares of the specialty retailer's stock worth $16,105,000 after acquiring an additional 3,866 shares during the period. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Performance

Shares of ORLY opened at $105.68 on Thursday. The stock has a market capitalization of $89.67 billion, a PE ratio of 37.78, a P/E/G ratio of 2.85 and a beta of 0.60. The company's fifty day moving average is $103.33 and its 200 day moving average is $95.47. O'Reilly Automotive, Inc. has a fifty-two week low of $75.93 and a fifty-two week high of $108.71.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting 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 business had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same quarter last year, the business earned $10.55 earnings per share. O'Reilly Automotive's quarterly revenue was up 5.9% compared to the same quarter last year. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, research analysts forecast that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Maria Sastre sold 595 shares of the business'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 transaction, the director owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Carl David Wilbanks sold 88,485 shares of the 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 in the company, valued at $1,056,674.70. The trade was a 89.57% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 125,635 shares of company stock worth $12,740,916. Insiders own 1.01% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ORLY. UBS Group lifted their target price on O'Reilly Automotive from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Cowen reaffirmed a "buy" rating on shares of O'Reilly Automotive in a report on Monday, September 15th. Evercore ISI boosted their target price 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. BMO Capital Markets upped their target price on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Finally, Royal Bank Of Canada raised their target price on shares of O'Reilly Automotive from $98.00 to $104.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. 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.com, O'Reilly Automotive currently has an average rating of "Buy" and a consensus target price of $107.17.

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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