Bank Julius Baer & Co. Ltd Zurich Increases Stock Position in O’Reilly Automotive, Inc. $ORLY

Bank Julius Baer & Co. Ltd Zurich grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,234.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 654 shares of the specialty retailer’s stock after acquiring an additional 605 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in O’Reilly Automotive were worth $59,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in O’Reilly Automotive by 1,404.9% during the second quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock worth $7,105,396,000 after purchasing an additional 73,596,571 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of O’Reilly Automotive by 1,443.1% in the second quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock valued at $2,130,866,000 after buying an additional 22,144,563 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of O’Reilly Automotive by 1,317.8% in the second quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock valued at $1,590,894,000 after buying an additional 16,406,181 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of O’Reilly Automotive by 1,820.9% in the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock valued at $1,272,363,000 after buying an additional 13,382,074 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its stake in O’Reilly Automotive by 1,467.8% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 9,152,716 shares of the specialty retailer’s stock worth $824,934,000 after acquiring an additional 8,568,904 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $99.00 on Tuesday. The stock has a market cap of $83.57 billion, a PE ratio of 34.30, a P/E/G ratio of 2.48 and a beta of 0.57. The stock’s fifty day moving average is $100.47 and its two-hundred day moving average is $97.46. O’Reilly Automotive, Inc. has a 1-year low of $78.30 and a 1-year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. During the same quarter in the prior year, the business posted $11.41 EPS. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. On average, research analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on ORLY. Cowen restated a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. Truist Financial set a $109.00 price target on shares of O’Reilly Automotive in a research report on Friday, October 24th. Royal Bank Of Canada set a $110.00 price objective on O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Friday, October 24th. Finally, Raymond James Financial upgraded O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective on the stock in a research note on Wednesday, November 5th. Nineteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and an average price target of $111.89.

Insider Buying and Selling

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the transaction, the director directly owned 8,125 shares in the company, valued at $752,375. This represents a 27.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.01% of the stock is owned by corporate 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.