China Universal Asset Management Co. Ltd. Buys 17,994 Shares of O’Reilly Automotive, Inc. $ORLY

China Universal Asset Management Co. Ltd. lifted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,271.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,409 shares of the specialty retailer’s stock after buying an additional 17,994 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in O’Reilly Automotive were worth $1,749,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ORLY. Lord Abbett & CO. LLC bought a new stake in O’Reilly Automotive during the 1st quarter valued at approximately $24,927,000. Kovitz Investment Group Partners LLC raised its position in shares of O’Reilly Automotive by 28.8% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 4,102 shares of the specialty retailer’s stock valued at $5,876,000 after buying an additional 917 shares in the last quarter. Horizon Investments LLC lifted its holdings in shares of O’Reilly Automotive by 4.3% in the 1st quarter. Horizon Investments LLC now owns 828 shares of the specialty retailer’s stock valued at $1,186,000 after acquiring an additional 34 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in O’Reilly Automotive by 12.8% during the first quarter. EverSource Wealth Advisors LLC now owns 573 shares of the specialty retailer’s stock worth $821,000 after acquiring an additional 65 shares during the last quarter. Finally, Ethic Inc. raised its holdings in O’Reilly Automotive by 155.3% during the 1st quarter. Ethic Inc. now owns 3,219 shares of the specialty retailer’s stock valued at $4,609,000 after buying an additional 1,958 shares during the period. 85.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on ORLY. Mizuho set a $112.00 target price on O’Reilly Automotive in a research note on Monday, October 20th. Morgan Stanley raised their price target on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Royal Bank Of Canada set a $110.00 price objective on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, October 24th. Truist Financial set a $109.00 target price on shares of O’Reilly Automotive in a research report on Friday, October 24th. Finally, Robert W. Baird set a $115.00 price objective on O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $112.05.

O’Reilly Automotive Stock Up 0.2%

Shares of O’Reilly Automotive stock opened at $94.11 on Friday. The company has a market cap of $79.44 billion, a P/E ratio of 32.60, a PEG ratio of 2.22 and a beta of 0.62. The firm’s 50 day moving average price is $98.63 and its 200-day moving average price is $98.15. O’Reilly Automotive, Inc. has a 52-week low of $78.30 and a 52-week high of $108.71.

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, beating the consensus estimate of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to the consensus estimate 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 period last year, the firm earned $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 forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president owned 28 shares of the company’s stock, valued at approximately $2,836.68. The trade was a 98.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total transaction of $354,375.00. Following the completion of the transaction, the senior vice president directly owned 4,792 shares of the company’s stock, valued at approximately $485,190. This represents a 42.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,980 shares of company stock worth $882,335 in the last ninety days. 1.01% of the stock is owned by insiders.

About O’Reilly Automotive

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.