Nordea Investment Management AB Grows Stake in O’Reilly Automotive, Inc. $ORLY

Nordea Investment Management AB boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 11.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,227 shares of the specialty retailer’s stock after buying an additional 8,564 shares during the quarter. Nordea Investment Management AB’s holdings in O’Reilly Automotive were worth $9,223,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ORLY. Coastline Trust Co boosted its stake in shares of O’Reilly Automotive by 4.0% in the third quarter. Coastline Trust Co now owns 2,622 shares of the specialty retailer’s stock worth $283,000 after acquiring an additional 102 shares during the last quarter. IAM Advisory LLC boosted its stake in O’Reilly Automotive by 1.6% during the 3rd quarter. IAM Advisory LLC now owns 7,312 shares of the specialty retailer’s stock worth $788,000 after purchasing an additional 114 shares during the last quarter. Abound Wealth Management grew its holdings in shares of O’Reilly Automotive by 9.6% during the third quarter. Abound Wealth Management now owns 1,375 shares of the specialty retailer’s stock worth $148,000 after buying an additional 121 shares in the last quarter. Optas LLC grew its holdings in shares of O’Reilly Automotive by 3.6% during the third quarter. Optas LLC now owns 3,735 shares of the specialty retailer’s stock worth $403,000 after buying an additional 129 shares in the last quarter. Finally, Hemington Wealth Management raised its position in shares of O’Reilly Automotive by 4.2% in the third quarter. Hemington Wealth Management now owns 3,271 shares of the specialty retailer’s stock valued at $352,000 after buying an additional 133 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Up 1.1%

NASDAQ ORLY opened at $94.70 on Friday. The stock has a fifty day simple moving average of $95.53 and a 200-day simple moving average of $98.52. The stock has a market cap of $79.94 billion, a PE ratio of 32.81, a P/E/G ratio of 1.99 and a beta of 0.63. O’Reilly Automotive, Inc. has a twelve month low of $80.73 and a twelve month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. The company had revenue of $4.71 billion for the quarter, compared to analysts’ expectations 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 for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Evercore ISI set a $110.00 price target on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Tuesday, December 16th. Morgan Stanley set a $110.00 target price on shares of O’Reilly Automotive and gave the stock an “overweight” rating in a research note on Thursday. Wolfe Research upgraded O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd. Barclays set a $91.00 price target on O’Reilly Automotive and gave the company an “equal weight” rating in a report on Monday, October 27th. Finally, Raymond James Financial raised O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective on the stock in a research note on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Buy” and a consensus target price of $111.80.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Philip M. Hopper sold 3,500 shares of the business’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total value of $354,375.00. Following the sale, the senior vice president owned 4,792 shares in the company, valued at approximately $485,190. The trade was a 42.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total value of $238,585.05. Following the transaction, the senior vice president owned 28 shares of the company’s stock, valued at $2,836.68. This trade represents a 98.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,980 shares of company stock valued at $882,335 over the last quarter. 1.01% of the stock is owned by company insiders.

O’Reilly Automotive Company Profile

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.