Robeco Institutional Asset Management B.V. Has $125.15 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

Robeco Institutional Asset Management B.V. grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,438.7% in the second quarter, HoldingsChannel reports. The fund owned 1,388,550 shares of the specialty retailer’s stock after buying an additional 1,298,307 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in O’Reilly Automotive were worth $125,150,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of ORLY. HWG Holdings LP bought a new stake in O’Reilly Automotive in the 1st quarter valued at about $26,000. Bank of Jackson Hole Trust bought a new position in shares of O’Reilly Automotive during the first quarter worth approximately $25,000. HighMark Wealth Management LLC raised its position in shares of O’Reilly Automotive by 185.7% in the first quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 13 shares in the last quarter. Elequin Capital LP bought a new stake in shares of O’Reilly Automotive in the first quarter valued at approximately $30,000. Finally, Saudi Central Bank bought a new stake in shares of O’Reilly Automotive in the first quarter valued at approximately $33,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ORLY shares. BMO Capital Markets lifted their price objective on O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Royal Bank Of Canada increased their target price on O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Guggenheim boosted their price target on O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. upped their price objective 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. Finally, TD Cowen raised their target price on shares of O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a report on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $107.17.

O’Reilly Automotive Trading Down 0.7%

ORLY stock opened at $104.97 on Friday. The stock has a market capitalization of $89.07 billion, a P/E ratio of 37.53, a price-to-earnings-growth ratio of 2.79 and a beta of 0.60. O’Reilly Automotive, Inc. has a 12 month low of $75.93 and a 12 month high of $108.71. The firm has a 50-day moving average price of $103.46 and a 200-day moving average price of $95.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced 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 company had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.54 billion. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The firm’s revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm posted $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

In related news, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total transaction of $9,073,251.90. Following the sale, the senior vice president owned 10,305 shares in the company, valued at $1,056,674.70. The trade was a 89.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares of the company’s stock, valued at $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 125,635 shares of company stock worth $12,740,916. Corporate 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.