IFM Investors Pty Ltd Has $14.96 Million Stock Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• IFM Investors Pty Ltd significantly increased its stake in O'Reilly Automotive by 1,448.7%, acquiring a total of 165,990 shares valued at approximately $14.96 million by the end of the last quarter.
• Multiple analysts have raised their price targets for O'Reilly Automotive, with UBS Group setting a new target of $115.00, while maintaining a “buy” rating for the stock.
• O'Reilly Automotive reported earnings of $0.78 EPS for the latest quarter, aligning with consensus estimates, and posted revenues of $4.53 billion, reflecting a 5.9% year-over-year increase.

IFM Investors Pty Ltd increased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,448.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 165,990 shares of the specialty retailer's stock after acquiring an additional 155,272 shares during the quarter. IFM Investors Pty Ltd's holdings in O'Reilly Automotive were worth $14,961,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Bank Pictet & Cie Europe AG raised its stake in O'Reilly Automotive by 3.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 35,291 shares of the specialty retailer's stock valued at $41,848,000 after purchasing an additional 1,208 shares during the period. Two Sigma Advisers LP acquired a new position in O'Reilly Automotive during the fourth quarter valued at $1,660,000. Woodline Partners LP acquired a new position in O'Reilly Automotive during the fourth quarter valued at $4,111,000. Waverly Advisors LLC raised its position in O'Reilly Automotive by 58.0% during the fourth quarter. Waverly Advisors LLC now owns 1,833 shares of the specialty retailer's stock valued at $2,174,000 after buying an additional 673 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in O'Reilly Automotive by 13.0% during the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 11,106 shares of the specialty retailer's stock valued at $13,169,000 after buying an additional 1,280 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ORLY. Guggenheim upped their price target on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Wolfe Research started coverage on O'Reilly Automotive in a report on Thursday. They issued an "outperform" rating and a $121.00 price objective on the stock. UBS Group increased their price target on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Citigroup increased their price target on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Finally, Barclays reissued an "equal weight" rating and set a $86.00 target price on shares of O'Reilly Automotive in a research report on Friday, July 25th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $107.17.

O'Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY traded down $0.47 on Monday, hitting $103.46. The stock had a trading volume of 2,684,377 shares, compared to its average volume of 5,500,337. O'Reilly Automotive, Inc. has a twelve month low of $73.33 and a twelve month high of $108.42. The firm's 50 day moving average price is $101.37 and its 200-day moving average price is $94.60. The company has a market capitalization of $87.78 billion, a price-to-earnings ratio of 36.98, a price-to-earnings-growth ratio of 2.74 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter 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, sell-side analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insiders Place Their Bets

In other O'Reilly Automotive news, SVP Carl David Wilbanks sold 88,485 shares of the business's stock in a transaction on 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 owned 10,305 shares of the company's stock, valued at approximately $1,056,674.70. The trade was a 89.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of the company's stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president owned 4,234 shares in the company, 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. Insiders sold 125,635 shares of company stock valued at $12,740,916 over the last quarter. 1.01% of the stock is owned by insiders.

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.