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

AEGON ASSET MANAGEMENT UK Plc grew its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,045.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 211,872 shares of the specialty retailer’s stock after purchasing an additional 193,381 shares during the period. AEGON ASSET MANAGEMENT UK Plc’s holdings in O’Reilly Automotive were worth $19,088,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its holdings in O’Reilly Automotive by 16.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock worth $33,227,000 after purchasing an additional 3,272 shares in the last quarter. Vanguard Group Inc. increased its holdings in O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock worth $7,504,421,000 after purchasing an additional 75,125 shares in the last quarter. Prime Capital Investment Advisors LLC increased its holdings in O’Reilly Automotive by 1,063.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock worth $9,724,000 after purchasing an additional 98,616 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in O’Reilly Automotive by 33.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock worth $836,357,000 after purchasing an additional 147,904 shares in the last quarter. Finally, First Merchants Corp increased its holdings in O’Reilly Automotive by 1,392.2% during the 2nd quarter. First Merchants Corp now owns 102,875 shares of the specialty retailer’s stock worth $9,272,000 after purchasing an additional 95,981 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. TD Cowen upped their target price on O’Reilly Automotive from $112.00 to $125.00 and gave the company a “buy” rating in a report on Monday, September 15th. Cowen reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Monday, September 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of O’Reilly Automotive in a report on Wednesday, October 8th. Guggenheim upped their target price on O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a report on Friday, July 25th. Finally, Truist Financial upped their target price on O’Reilly Automotive from $103.00 to $109.00 and gave the company a “buy” rating in a report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $107.17.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the transaction, the director directly owned 15,935 shares of the company’s stock, valued at approximately $1,630,309.85. This represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the transaction, the senior vice president directly owned 12,826 shares of the company’s stock, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 125,635 shares of company stock valued at $12,740,916 in the last three months. 1.01% of the stock is currently owned by company insiders.

O’Reilly Automotive Trading Up 0.2%

Shares of NASDAQ ORLY opened at $103.05 on Wednesday. The stock has a fifty day simple moving average of $103.95 and a two-hundred day simple moving average of $96.22. O’Reilly Automotive, Inc. has a 1-year low of $76.22 and a 1-year high of $108.71. The firm has a market cap of $87.44 billion, a price-to-earnings ratio of 36.84, a price-to-earnings-growth ratio of 2.72 and a beta of 0.60.

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

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.