National Bank of Canada FI Has $75.66 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

National Bank of Canada FI increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,469.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 839,456 shares of the specialty retailer’s stock after acquiring an additional 785,970 shares during the period. National Bank of Canada FI’s holdings in O’Reilly Automotive were worth $75,659,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of O’Reilly Automotive by 1,404.9% during the second quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock worth $7,105,396,000 after acquiring an additional 73,596,571 shares during the last quarter. State Street Corp increased its position in O’Reilly Automotive by 1,424.2% in the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock worth $3,351,014,000 after purchasing an additional 34,740,553 shares during the period. Geode Capital Management LLC raised its holdings in O’Reilly Automotive by 1,443.1% during the 2nd quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock worth $2,130,866,000 after purchasing an additional 22,144,563 shares during the last quarter. Bank of New York Mellon Corp lifted its position in O’Reilly Automotive by 1,317.8% during the 2nd 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 purchasing an additional 16,406,181 shares during the period. Finally, Jennison Associates LLC boosted its stake 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 valued at $1,272,363,000 after purchasing an additional 13,382,074 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.2%

ORLY stock opened at $94.11 on Monday. The business’s 50-day moving average price is $98.63 and its two-hundred day moving average price is $98.20. O’Reilly Automotive, Inc. has a 1-year low of $78.30 and a 1-year high of $108.71. The firm has a market cap of $79.44 billion, a PE ratio of 32.60, a P/E/G ratio of 2.22 and a beta of 0.61.

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

Analyst Ratings Changes

Several brokerages have recently commented on ORLY. Morgan Stanley lifted their price target on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Royal Bank Of Canada set a $110.00 target price on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, October 24th. Barclays set a $91.00 price target on O’Reilly Automotive and gave the stock an “equal weight” rating in a research report on Monday, October 27th. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. Finally, Robert W. Baird set a $115.00 target price on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $112.05.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 2,355 shares of O’Reilly Automotive stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the sale, the senior vice president owned 28 shares of the company’s stock, valued at $2,836.68. This trade represents a 98.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Philip M. Hopper sold 3,500 shares of the business’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,980 shares of company stock worth $882,335 over the last ninety days. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Company Profile

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.