Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 32,399 Shares of O’Reilly Automotive, Inc. $ORLY

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 329,434 shares of the specialty retailer’s stock after buying an additional 32,399 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in O’Reilly Automotive were worth $35,516,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in 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 valued at $7,105,396,000 after acquiring an additional 73,596,571 shares during the period. State Street Corp lifted its stake in shares of O’Reilly Automotive by 1,424.2% in the 2nd quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock worth $3,351,014,000 after purchasing an additional 34,740,553 shares during the period. Geode Capital Management LLC boosted its holdings 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 worth $2,130,866,000 after buying an additional 22,144,563 shares during the last quarter. Bank of New York Mellon Corp grew its position in O’Reilly Automotive by 1,317.8% during 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 during the period. Finally, Jennison Associates LLC increased its holdings in 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 valued at $1,272,363,000 after buying an additional 13,382,074 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Down 1.5%

NASDAQ ORLY opened at $93.64 on Friday. O’Reilly Automotive, Inc. has a twelve month low of $79.70 and a twelve month high of $108.71. The business has a 50-day moving average price of $95.58 and a 200-day moving average price of $98.49. The firm has a market cap of $79.04 billion, a price-to-earnings ratio of 32.44, a price-to-earnings-growth ratio of 2.02 and a beta of 0.63.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, topping 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 company had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. During the same period in the previous year, the firm earned $11.41 EPS. The firm’s revenue was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Research analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the transaction, the director directly owned 8,125 shares of the company’s stock, valued at approximately $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 2,355 shares of O’Reilly Automotive stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the sale, the senior vice president owned 28 shares in the company, valued at approximately $2,836.68. This represents a 98.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 8,980 shares of company stock worth $882,335. 1.01% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on ORLY shares. Truist Financial set a $109.00 price target on shares of O’Reilly Automotive in a research note on Friday, October 24th. The Goldman Sachs Group set a $121.00 target price on O’Reilly Automotive and gave the company a “buy” rating in a research report on Friday, October 24th. Wolfe Research upgraded O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd. Barclays set a $91.00 price objective on O’Reilly Automotive and gave the company an “equal weight” rating in a research report on Monday, October 27th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, O’Reilly Automotive has a consensus rating of “Buy” and an average price target of $111.80.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.