Man Group plc Invests $280.76 Million in O’Reilly Automotive, Inc. $ORLY

Man Group plc purchased a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,048,747 shares of the specialty retailer’s stock, valued at approximately $280,759,000. Man Group plc owned 0.38% of O’Reilly Automotive at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Tucker Asset Management LLC acquired a new position in O’Reilly Automotive during the fourth quarter worth $26,000. Wilkerson Advisory Group LLC acquired a new stake in O’Reilly Automotive in the fourth quarter valued at $27,000. Kelleher Financial Advisors purchased a new position in shares of O’Reilly Automotive in the second quarter valued at $28,000. Fiduciary Financial Advisors purchased a new position in shares of O’Reilly Automotive in the second quarter valued at $28,000. Finally, Whipplewood Advisors LLC raised its stake in shares of O’Reilly Automotive by 1,552.6% during the 1st quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock worth $29,000 after buying an additional 295 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Trading Down 0.4%

Shares of ORLY stock opened at $90.32 on Wednesday. The firm has a 50-day moving average price of $88.92 and a 200 day moving average price of $90.93. O’Reilly Automotive, Inc. has a twelve month low of $82.59 and a twelve month high of $108.71. The company has a market capitalization of $73.07 billion, a price-to-earnings ratio of 28.76, a PEG ratio of 1.98 and a beta of 0.51.

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

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction on 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 transaction, the director directly owned 19,675 shares in the company, valued at approximately $1,737,696. The trade was a 5.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Maria Sastre sold 2,000 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total value of $183,700.00. Following the transaction, the director directly owned 14,970 shares in the company, valued at approximately $1,374,994.50. This represents a 11.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 6,200 shares of company stock valued at $568,684. Company insiders own 0.77% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the topic of several recent research reports. Raymond James Financial reiterated an “outperform” rating and issued a $110.00 price objective on shares of O’Reilly Automotive in a research report on Friday, July 31st. Wolfe Research set a $98.00 target price on shares of O’Reilly Automotive in a report on Wednesday, July 15th. Roth Capital restated a “buy” rating and set a $111.00 target price on shares of O’Reilly Automotive in a research report on Friday, July 31st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Monday, August 3rd. Finally, DA Davidson set a $106.00 price target on shares of O’Reilly Automotive in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average 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.