UniSuper Management Pty Ltd Has $22.89 Million Stock Holdings in O'Reilly Automotive, Inc. $ORLY

Key Points

• UniSuper Management Pty Ltd increased its holdings in O'Reilly Automotive by 289.6% during the first quarter, now owning 15,976 shares valued at approximately $22.89 million.
• Several institutional investors have also adjusted their stakes, with many increasing their holdings, showing a growing interest in O'Reilly Automotive, which is now owned by 85% of institutional investors.
• Analysts have upgraded their ratings for O'Reilly Automotive, with a consensus target price of $104.40 and multiple upgrades leading to an overall "buy" sentiment for the stock.

UniSuper Management Pty Ltd lifted its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 289.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,976 shares of the specialty retailer's stock after purchasing an additional 11,875 shares during the period. UniSuper Management Pty Ltd's holdings in O'Reilly Automotive were worth $22,887,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. HWG Holdings LP acquired a new position in shares of O'Reilly Automotive during the 1st quarter worth about $26,000. Bank of Jackson Hole Trust acquired a new position in shares of O'Reilly Automotive during the 1st quarter worth about $25,000. HighMark Wealth Management LLC increased its stake in shares of 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 acquired a new position in shares of O'Reilly Automotive during the 1st quarter worth about $30,000. Finally, Saudi Central Bank acquired a new position in O'Reilly Automotive in the 1st quarter valued at about $33,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O'Reilly Automotive Trading Down 1.7%

NASDAQ:ORLY traded down $1.81 on Wednesday, hitting $105.11. The company had a trading volume of 4,999,568 shares, compared to its average volume of 5,478,927. The stock has a market capitalization of $89.19 billion, a price-to-earnings ratio of 37.58, a PEG ratio of 2.81 and a beta of 0.60. The firm has a 50 day moving average of $99.13 and a two-hundred day moving average of $93.69. O'Reilly Automotive, Inc. has a 52 week low of $73.11 and a 52 week high of $107.20.

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

Analyst Ratings Changes

Several equities analysts have recently commented on ORLY shares. Wells Fargo & Company upped their target price on O'Reilly Automotive from $103.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Guggenheim increased their target price on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Argus started coverage on shares of O'Reilly Automotive in a research report on Wednesday, August 13th. They set a "buy" rating and a $120.00 target price on the stock. Barclays restated 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. Finally, JPMorgan Chase & Co. increased their target price on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. Two investment 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 data from MarketBeat.com, O'Reilly Automotive currently has an average rating of "Buy" and a consensus target price of $104.40.

Insider Buying and Selling at O'Reilly Automotive

In other news, Director Maria Sastre sold 595 shares of the firm'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 transaction, the director owned 15,935 shares of the company's stock, valued at approximately $1,630,309.85. This trade represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Shari Lynne Reaves sold 2,000 shares of the firm's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares of the company's stock, valued at $1,331,467.06. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock worth $12,740,916 over the last ninety days. Insiders own 1.01% of the company's stock.

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.