O’Reilly Automotive, Inc. $ORLY Shares Acquired by Police & Firemen s Retirement System of New Jersey

Police & Firemen s Retirement System of New Jersey boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,436.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 129,412 shares of the specialty retailer’s stock after acquiring an additional 120,990 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in O’Reilly Automotive were worth $11,664,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its stake in shares of O’Reilly Automotive by 1,443.1% during 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 purchasing an additional 22,144,563 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of 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 worth $1,590,894,000 after acquiring an additional 16,406,181 shares during the last quarter. Jennison Associates LLC increased its position 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 purchasing an additional 13,382,074 shares in the last quarter. Bessemer Group Inc. lifted its holdings in O’Reilly Automotive by 1,558.2% in the 2nd quarter. Bessemer Group Inc. now owns 4,356,249 shares of the specialty retailer’s stock valued at $392,630,000 after purchasing an additional 4,093,545 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in O’Reilly Automotive by 1,388.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,853,598 shares of the specialty retailer’s stock worth $347,325,000 after purchasing an additional 3,594,612 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director owned 8,125 shares in the company, valued at approximately $752,375. This trade represents a 27.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ORLY. Cowen reiterated a “buy” rating on shares of O’Reilly Automotive in a research report on Monday, September 15th. Barclays set a $91.00 price target on O’Reilly Automotive and gave the company an “equal weight” rating in a research report on Monday, October 27th. Citigroup boosted their price objective on O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. DA Davidson raised their target price on O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Finally, BMO Capital Markets boosted their price target on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, July 25th. Nineteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $111.89.

O’Reilly Automotive Trading Up 0.3%

Shares of NASDAQ:ORLY opened at $98.35 on Friday. The business has a 50-day moving average price of $101.49 and a 200 day moving average price of $97.08. O’Reilly Automotive, Inc. has a 12-month low of $78.30 and a 12-month high of $108.71. The company has a market capitalization of $83.45 billion, a price-to-earnings ratio of 34.07, a PEG ratio of 2.48 and a beta of 0.57.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. O’Reilly Automotive’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the firm posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal 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.