AEGON ASSET MANAGEMENT UK Plc Buys 193,381 Shares of O’Reilly Automotive, Inc. $ORLY

AEGON ASSET MANAGEMENT UK Plc boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,045.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 211,872 shares of the specialty retailer’s stock after acquiring an additional 193,381 shares during the period. AEGON ASSET MANAGEMENT UK Plc’s holdings in O’Reilly Automotive were worth $19,088,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Avior Wealth Management LLC increased its stake in shares of O’Reilly Automotive by 3.5% in the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer’s stock valued at $342,000 after purchasing an additional 8 shares during the last quarter. Lindbrook Capital LLC increased its stake in shares of O’Reilly Automotive by 2.6% in the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer’s stock valued at $448,000 after purchasing an additional 8 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of O’Reilly Automotive by 1.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock valued at $953,000 after purchasing an additional 8 shares during the last quarter. Deseret Mutual Benefit Administrators increased its stake in shares of O’Reilly Automotive by 3.2% in the 1st quarter. Deseret Mutual Benefit Administrators now owns 291 shares of the specialty retailer’s stock valued at $417,000 after purchasing an additional 9 shares during the last quarter. Finally, Journey Strategic Wealth LLC increased its stake in shares of O’Reilly Automotive by 4.2% in the 1st quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer’s stock valued at $317,000 after purchasing an additional 9 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In related news, SVP Carl David Wilbanks sold 88,485 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.54, for a total value of $9,073,251.90. Following the completion of the sale, the senior vice president directly owned 10,305 shares of the company’s stock, valued at $1,056,674.70. The trade was a 89.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Mark Joseph Merz sold 5,050 shares of the business’s stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares of the company’s stock, valued at $284,925.32. The trade was a 63.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 125,635 shares of company stock valued at $12,740,916. 1.01% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ORLY has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price target on O’Reilly Automotive from $101.00 to $113.00 and gave the company an “overweight” rating in a research note on Monday, July 21st. Royal Bank Of Canada lifted their price target on O’Reilly Automotive from $98.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. DA Davidson lifted their price target on O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, July 25th. UBS Group lifted their price target on O’Reilly Automotive from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Finally, Wolfe Research began coverage on O’Reilly Automotive in a research note on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $107.17.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $103.05 on Wednesday. The company has a market capitalization of $87.44 billion, a price-to-earnings ratio of 36.84, a P/E/G ratio of 2.72 and a beta of 0.60. The business’s 50-day moving average is $103.95 and its 200-day moving average is $96.22. O’Reilly Automotive, Inc. has a 1 year low of $76.22 and a 1 year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.78. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. O’Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%.The firm’s revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $10.55 EPS. O’Reilly Automotive has set its FY 2025 guidance at 2.850-2.950 EPS. Analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

O’Reilly Automotive Company 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.