Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Stock Position in O’Reilly Automotive, Inc. $ORLY

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.9% during the third quarter, Holdings Channel.com reports. The firm owned 329,434 shares of the specialty retailer’s stock after acquiring an additional 32,399 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in O’Reilly Automotive were worth $35,516,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in O’Reilly Automotive by 1,404.9% during the 2nd quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock valued at $7,105,396,000 after buying an additional 73,596,571 shares during the period. State Street Corp increased its position in O’Reilly Automotive by 1,424.2% during the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after acquiring an additional 34,740,553 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of O’Reilly Automotive by 1,443.1% in the second quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock valued at $2,130,866,000 after acquiring an additional 22,144,563 shares during the period. Bank of New York Mellon Corp raised its stake in shares of O’Reilly Automotive by 1,317.8% in the second quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock valued at $1,590,894,000 after acquiring an additional 16,406,181 shares during the period. Finally, Jennison Associates LLC lifted its holdings in shares of O’Reilly Automotive by 1,820.9% in the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock worth $1,272,363,000 after acquiring an additional 13,382,074 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ORLY has been the topic of several analyst reports. Robert W. Baird set a $115.00 price target on shares of O’Reilly Automotive and gave the company an “outperform” rating in a report on Wednesday, December 3rd. Truist Financial set a $109.00 target price on O’Reilly Automotive in a research note on Friday, October 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. Morgan Stanley set a $110.00 price objective on O’Reilly Automotive and gave the company an “overweight” rating in a report on Thursday. Finally, Evercore ISI set a $110.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive has an average rating of “Buy” and an average price target of $111.80.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $93.64 on Friday. The firm’s 50 day simple moving average is $95.58 and its 200-day simple moving average is $98.49. O’Reilly Automotive, Inc. has a one year low of $79.70 and a one year high of $108.71. The firm has a market cap of $79.04 billion, a PE ratio of 32.44, a price-to-earnings-growth ratio of 2.02 and a beta of 0.63.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate 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 negative return on equity of 206.86% and a net margin of 14.23%.O’Reilly Automotive’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other news, 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 transaction, the senior vice president owned 4,792 shares in the company, valued at approximately $485,190. This trade represents a 42.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, 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 owned 8,125 shares of the company’s stock, valued at $752,375. The trade was a 27.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 8,980 shares of company stock valued at $882,335. 1.01% of the stock is currently owned by corporate insiders.

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.