Connor Clark & Lunn Investment Management Ltd. Takes Position in O’Reilly Automotive, Inc. $ORLY

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,534,581 shares of the specialty retailer’s stock, valued at approximately $233,410,000. Connor Clark & Lunn Investment Management Ltd. owned about 0.31% of O’Reilly Automotive at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ORLY. Meiji Yasuda Asset Management Co Ltd. purchased a new stake in shares of O’Reilly Automotive during the 2nd quarter valued at about $919,000. LM Advisors LLC purchased a new position in shares of O’Reilly Automotive during the second quarter valued at approximately $270,000. Haverford Trust Co purchased a new position in shares of O’Reilly Automotive during the second quarter valued at approximately $271,000. First Nebraska Trust Co bought a new position in O’Reilly Automotive during the second quarter valued at approximately $284,000. Finally, Bank of Nova Scotia purchased a new stake in O’Reilly Automotive in the second quarter worth approximately $30,063,000. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Stock Performance

ORLY opened at $89.11 on Monday. O’Reilly Automotive, Inc. has a 1-year low of $82.59 and a 1-year high of $108.71. The company has a market capitalization of $72.09 billion, a PE ratio of 28.38, a PEG ratio of 1.95 and a beta of 0.51. The firm’s 50 day simple moving average is $88.91 and its two-hundred day simple moving average is $91.02.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 earnings per share for the quarter, hitting the consensus estimate of $0.86. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The business had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter last year, the company posted $0.78 EPS. The company’s revenue was up 8.1% compared to the same quarter last year. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Equities analysts forecast that O’Reilly Automotive, Inc. will post 3.27 earnings per share for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Thomas Hendrickson sold 1,200 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $88.32, for a total value of $105,984.00. Following the completion of the sale, the director owned 19,675 shares in the company, valued at $1,737,696. This represents a 5.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Maria Sastre sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total value of $183,700.00. Following the completion of the transaction, the director directly owned 14,970 shares in the company, valued at $1,374,994.50. This trade represents a 11.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 6,200 shares of company stock worth $568,684. Corporate insiders own 0.77% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of research analyst reports. DA Davidson set a $106.00 target price on shares of O’Reilly Automotive in a research report on Friday, July 31st. Truist Financial set a $108.00 price target on O’Reilly Automotive in a research note on Thursday, April 30th. Wells Fargo & Company set a $100.00 price objective on O’Reilly Automotive in a report on Friday, July 24th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Monday, August 3rd. Finally, Mizuho upped their price objective on O’Reilly Automotive from $105.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $107.24.

About O’Reilly Automotive

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.