Amundi Has $1.06 Billion Stock Position in O'Reilly Automotive, Inc. $ORLY

Key Points

• Amundi increased its stake in O'Reilly Automotive by 4.7%, owning approximately $1.06 billion worth of shares after additional purchases in the first quarter.
• O'Reilly Automotive reported a net margin of 14.15% and a revenue of $4.53 billion, slightly below analyst estimates, with earnings per share meeting expectations at $0.78.
• Research analysts have given O'Reilly Automotive a consensus rating of "Buy" with an average price target of $104.40, reflecting positive sentiment in the market.

Amundi increased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 4.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 734,322 shares of the specialty retailer's stock after acquiring an additional 32,917 shares during the period. Amundi owned approximately 1.28% of O'Reilly Automotive worth $1,058,345,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Bank of Jackson Hole Trust purchased a new position in O'Reilly Automotive during the first quarter valued at approximately $25,000. HWG Holdings LP acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth approximately $26,000. HighMark Wealth Management LLC boosted its stake in O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 13 shares during the last quarter. Elequin Capital LP purchased a new stake in O'Reilly Automotive in the 1st quarter valued at about $30,000. Finally, Saudi Central Bank acquired a new position in O'Reilly Automotive in the first quarter valued at approximately $33,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ORLY has been the topic of a number of research reports. Royal Bank Of Canada raised their price objective on O'Reilly Automotive from $98.00 to $104.00 and gave the stock an "outperform" rating in a report on Friday, July 25th. Citigroup boosted their target price on O'Reilly Automotive from $104.00 to $114.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Barclays reaffirmed an "equal weight" rating and issued a $86.00 price objective on shares of O'Reilly Automotive in a research report on Friday, July 25th. UBS Group lifted their target price on O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Finally, DA Davidson upped their price objective on O'Reilly Automotive from $107.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $104.40.

O'Reilly Automotive Stock Performance

NASDAQ ORLY traded up $0.93 on Monday, reaching $105.77. 1,115,870 shares of the company's stock traded hands, compared to its average volume of 5,473,744. O'Reilly Automotive, Inc. has a fifty-two week low of $73.11 and a fifty-two week high of $106.13. The stock has a 50 day moving average price of $98.48 and a 200-day moving average price of $93.47. The firm has a market cap of $89.74 billion, a price-to-earnings ratio of 37.86, a P/E/G ratio of 2.77 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.78. The company had revenue of $4.53 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the business 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 EPS for the current fiscal year.

Insider Activity

In other news, SVP Mark Joseph Merz sold 5,050 shares of O'Reilly Automotive stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total value of $500,303.50. Following the transaction, the senior vice president owned 2,876 shares of the company's stock, valued at $284,925.32. This trade represents a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 595 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, the director directly owned 15,935 shares in the company, valued at $1,630,309.85. This trade represents a 3.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 in the last 90 days. 1.01% of the stock is currently 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.