Nisa Investment Advisors LLC Boosts Holdings in O’Reilly Automotive, Inc. $ORLY

Nisa Investment Advisors LLC grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,371.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 341,805 shares of the specialty retailer’s stock after buying an additional 318,569 shares during the quarter. Nisa Investment Advisors LLC’s holdings in O’Reilly Automotive were worth $30,807,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. William Blair Investment Management LLC increased its holdings in O’Reilly Automotive by 1,269.2% in the second quarter. William Blair Investment Management LLC now owns 3,544,083 shares of the specialty retailer’s stock valued at $319,428,000 after buying an additional 3,285,249 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in O’Reilly Automotive by 1,401.3% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,194,636 shares of the specialty retailer’s stock valued at $197,803,000 after purchasing an additional 2,048,453 shares during the period. TD Asset Management Inc raised its stake in shares of O’Reilly Automotive by 1,214.0% during the 2nd quarter. TD Asset Management Inc now owns 2,158,740 shares of the specialty retailer’s stock worth $194,567,000 after buying an additional 1,994,449 shares during the period. Vaughan Nelson Investment Management L.P. increased its holdings in O’Reilly Automotive by 1,052.9% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,722,403 shares of the specialty retailer’s stock worth $155,240,000 after acquiring an additional 1,573,010 shares in the last quarter. Finally, Congress Asset Management Co. lifted its holdings in O’Reilly Automotive by 1,385.2% during the second quarter. Congress Asset Management Co. now owns 1,580,484 shares of the specialty retailer’s stock valued at $142,449,000 after purchasing an additional 1,474,068 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Down 1.0%

NASDAQ ORLY opened at $97.27 on Friday. The stock has a fifty day simple moving average of $103.58 and a 200-day simple moving average of $96.67. The stock has a market cap of $82.53 billion, a PE ratio of 33.70, a P/E/G ratio of 2.57 and a beta of 0.60. O’Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. During the same quarter in the prior year, the company posted $11.41 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 7.8% compared to the same quarter last year. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Research analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ORLY. The Goldman Sachs Group set a $121.00 price target on shares of O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday. Barclays restated an “equal weight” rating and issued a $86.00 price objective on shares of O’Reilly Automotive in a report on Friday, July 25th. DA Davidson increased their target price on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Royal Bank Of Canada set a $110.00 price objective on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research note on Friday. Finally, Wolfe Research initiated coverage on O’Reilly Automotive in a research report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price target for the company. Eighteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $112.00.

Insider Activity at O’Reilly Automotive

In other news, Director Maria Sastre sold 595 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the sale, the director directly owned 15,935 shares of the company’s stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Mark Joseph Merz sold 29,505 shares of the stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $98.25, for a total value of $2,898,866.25. Following the transaction, the senior vice president directly owned 4,234 shares in the company, valued at approximately $415,990.50. The trade was a 87.45% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 125,635 shares of company stock worth $12,740,916. 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.