Assenagon Asset Management S.A. Acquires 794,718 Shares of O’Reilly Automotive, Inc. $ORLY

Assenagon Asset Management S.A. grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 84.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,737,165 shares of the specialty retailer’s stock after acquiring an additional 794,718 shares during the quarter. Assenagon Asset Management S.A. owned 0.21% of O’Reilly Automotive worth $158,447,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in O’Reilly Automotive by 0.6% in the third quarter. Vanguard Group Inc. now owns 79,271,530 shares of the specialty retailer’s stock worth $8,546,264,000 after purchasing an additional 436,563 shares during the last quarter. State Street Corp grew its stake in shares of O’Reilly Automotive by 1,424.2% during the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after buying an additional 34,740,553 shares during the last quarter. Norges Bank purchased a new position in shares of O’Reilly Automotive in the second quarter worth about $974,515,000. Invesco Ltd. increased its holdings in shares of O’Reilly Automotive by 1,459.7% in the second quarter. Invesco Ltd. now owns 9,482,610 shares of the specialty retailer’s stock worth $854,668,000 after buying an additional 8,874,644 shares during the period. Finally, Akre Capital Management LLC lifted its stake in shares of O’Reilly Automotive by 989.3% in the 2nd quarter. Akre Capital Management LLC now owns 9,410,714 shares of the specialty retailer’s stock valued at $848,188,000 after acquiring an additional 8,546,804 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $88.70 on Tuesday. O’Reilly Automotive, Inc. has a fifty-two week low of $86.77 and a fifty-two week high of $108.71. The stock has a 50 day simple moving average of $94.46 and a two-hundred day simple moving average of $97.20. The stock has a market cap of $74.37 billion, a P/E ratio of 29.93, a price-to-earnings-growth ratio of 1.93 and a beta of 0.63.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 4th. The specialty retailer reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.01). The business had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.39 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 239.04%. O’Reilly Automotive’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the firm posted $9.50 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.100-3.200 EPS. Sell-side analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ORLY shares. UBS Group set a $114.00 target price on O’Reilly Automotive in a report on Friday, February 6th. Royal Bank Of Canada set a $109.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, February 6th. DA Davidson reissued a “buy” rating and set a $110.00 price objective on shares of O’Reilly Automotive in a research note on Tuesday, February 3rd. Evercore restated an “outperform” rating on shares of O’Reilly Automotive in a report on Friday, January 30th. Finally, Roth Mkm reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $110.26.

About O’Reilly Automotive

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.