Amundi Acquires 5,563,756 Shares of O’Reilly Automotive, Inc. $ORLY

Amundi lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 757.7% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,298,078 shares of the specialty retailer’s stock after buying an additional 5,563,756 shares during the period. Amundi owned about 0.74% of O’Reilly Automotive worth $562,544,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of O’Reilly Automotive by 1,404.9% in the second quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock worth $7,105,396,000 after acquiring an additional 73,596,571 shares during the last quarter. Geode Capital Management LLC lifted its stake in O’Reilly Automotive by 1,443.1% in the 2nd quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock valued at $2,130,866,000 after purchasing an additional 22,144,563 shares during the last quarter. Bank of New York Mellon Corp boosted its position in 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 grew its stake in shares of O’Reilly Automotive by 1,820.9% during the second quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock worth $1,272,363,000 after buying an additional 13,382,074 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of O’Reilly Automotive during the second quarter worth $974,515,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Wolfe Research began coverage on O’Reilly Automotive in a report on Thursday, September 18th. They set an “outperform” rating and a $121.00 price objective on the stock. TD Cowen increased their target price on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Argus initiated coverage on O’Reilly Automotive in a report on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Friday, October 31st. Finally, Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Friday, October 24th. Twenty investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $112.05.

Insider Activity at O’Reilly Automotive

In other news, SVP Philip M. Hopper sold 3,500 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total value of $354,375.00. Following the transaction, the senior vice president directly owned 4,792 shares of the company’s stock, valued at $485,190. The trade was a 42.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the sale, the director owned 8,125 shares in the company, valued at approximately $752,375. The trade was a 27.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,980 shares of company stock worth $882,335 over the last quarter. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of ORLY stock opened at $99.51 on Friday. The stock has a market capitalization of $84.00 billion, a PE ratio of 34.47, a PEG ratio of 2.32 and a beta of 0.62. The business’s 50 day simple moving average is $99.91 and its 200 day simple moving average is $97.94. O’Reilly Automotive, Inc. has a one year low of $78.30 and a one year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. The firm had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. During the same quarter in the previous year, the company earned $11.41 EPS. The company’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. As a group, research analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

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.