Global X Japan Co. Ltd. Purchases 8,835 Shares of O’Reilly Automotive, Inc. $ORLY

Global X Japan Co. Ltd. grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5,354.5% during the 3rd quarter, Holdings Channel reports. The firm owned 9,000 shares of the specialty retailer’s stock after purchasing an additional 8,835 shares during the period. Global X Japan Co. Ltd.’s holdings in O’Reilly Automotive were worth $970,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Swedbank AB lifted its holdings in O’Reilly Automotive by 1.8% in the third quarter. Swedbank AB now owns 440,370 shares of the specialty retailer’s stock valued at $47,476,000 after buying an additional 7,805 shares during the period. BayBridge Capital Group LLC raised its position in shares of O’Reilly Automotive by 1.3% during the 3rd quarter. BayBridge Capital Group LLC now owns 15,481 shares of the specialty retailer’s stock valued at $1,669,000 after acquiring an additional 198 shares during the last quarter. Optas LLC lifted its stake in shares of O’Reilly Automotive by 3.6% in the 3rd quarter. Optas LLC now owns 3,735 shares of the specialty retailer’s stock valued at $403,000 after purchasing an additional 129 shares during the period. Cypress Wealth Services LLC bought a new position in shares of O’Reilly Automotive in the 3rd quarter worth $285,000. Finally, Strong Tower Advisory Services grew its stake in shares of O’Reilly Automotive by 4.3% during the third quarter. Strong Tower Advisory Services now owns 7,679 shares of the specialty retailer’s stock worth $828,000 after purchasing an additional 314 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $92.07 on Wednesday. The business’s 50-day simple moving average is $97.30 and its 200-day simple moving average is $98.27. O’Reilly Automotive, Inc. has a fifty-two week low of $78.30 and a fifty-two week high of $108.71. The stock has a market capitalization of $77.72 billion, a PE ratio of 31.89, a price-to-earnings-growth ratio of 2.16 and a beta of 0.62.

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

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Mizuho set a $112.00 target price on O’Reilly Automotive in a research note on Monday, October 20th. Raymond James Financial raised O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price target for the company in a research note on Wednesday, November 5th. Evercore ISI set a $110.00 price target on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research report on Tuesday, December 16th. Baird R W raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. Finally, Truist Financial set a $109.00 target price on shares of O’Reilly Automotive in a research note on Friday, October 24th. Two equities research 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $112.05.

Insider Transactions at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total value of $238,585.05. Following the completion of the transaction, the senior vice president directly owned 28 shares of the company’s stock, valued at approximately $2,836.68. This represents a 98.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction dated 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 directly owned 8,125 shares in the company, valued at $752,375. This represents a 27.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 8,980 shares of company stock valued at $882,335 over the last quarter. Corporate insiders own 1.01% of the company’s stock.

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.