Northern Trust Corp Has $941.40 Million Stock Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

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Northern Trust Corp boosted its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 0.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 657,138 shares of the specialty retailer's stock after buying an additional 5,172 shares during the quarter. Northern Trust Corp owned approximately 1.15% of O'Reilly Automotive worth $941,403,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its position in O'Reilly Automotive by 16.4% in 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 purchasing an additional 3,272 shares during the last quarter. Vanguard Group Inc. raised its position in O'Reilly Automotive by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer's stock valued at $7,504,421,000 after purchasing an additional 75,125 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in O'Reilly Automotive by 33.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock valued at $836,357,000 after purchasing an additional 147,904 shares during the last quarter. CCM Investment Group LLC bought a new position in O'Reilly Automotive in the 1st quarter valued at $4,672,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its position in O'Reilly Automotive by 52.4% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,242 shares of the specialty retailer's stock valued at $16,105,000 after purchasing an additional 3,866 shares during the last quarter. Institutional investors own 85.00% of the company's stock.

Insider Transactions at O'Reilly Automotive

In other news, SVP Ramon Parises Odems sold 30,000 shares of the company's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $90.6967, for a total transaction of $2,720,900.00. Following the completion of the transaction, the senior vice president directly owned 240 shares of the company's stock, valued at $21,767.20. This represents a 99.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Carl David Wilbanks sold 88,485 shares of the company's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the transaction, the senior vice president directly owned 10,305 shares of the company's stock, valued at $1,056,674.70. This represents a 89.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 155,920 shares of company stock valued at $15,487,502. Insiders own 1.01% of the company's stock.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock traded down $0.56 during trading on Friday, hitting $102.31. 3,483,467 shares of the company were exchanged, compared to its average volume of 5,611,279. The firm has a market capitalization of $86.81 billion, a P/E ratio of 36.57, a price-to-earnings-growth ratio of 2.75 and a beta of 0.56. O'Reilly Automotive, Inc. has a 1-year low of $73.11 and a 1-year high of $104.86. The firm's fifty day moving average price is $95.25 and its 200 day moving average price is $92.20.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted 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. The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The company's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company earned $10.55 EPS. O'Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on ORLY. BMO Capital Markets lifted their price objective on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Truist Financial lifted their price objective on O'Reilly Automotive from $103.00 to $109.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Argus began coverage on O'Reilly Automotive in a research report on Wednesday, August 13th. They issued a "buy" rating and a $120.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Finally, UBS Group boosted their target price on O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $104.40.

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.