2,954,749 Shares in O’Reilly Automotive, Inc. $ORLY Bought by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board acquired a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,954,749 shares of the specialty retailer’s stock, valued at approximately $272,103,000.

Other hedge funds have also bought and sold shares of the company. Osterweis Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the second quarter valued at $140,000. Legal & General Group Plc bought a new position in O’Reilly Automotive during the 2nd quarter valued at about $439,123,000. The Manufacturers Life Insurance Company purchased a new stake in O’Reilly Automotive in the 2nd quarter worth about $38,261,000. Van Hulzen Asset Management LLC bought a new stake in O’Reilly Automotive in the second quarter worth about $1,558,000. Finally, Broad Run Investment Management LLC purchased a new position in shares of O’Reilly Automotive during the second quarter valued at approximately $34,701,000. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $90.32 on Wednesday. The firm has a 50-day simple moving average of $88.92 and a 200-day simple moving average of $90.93. O’Reilly Automotive, Inc. has a one year low of $82.59 and a one year high of $108.71. The firm has a market cap of $73.07 billion, a P/E ratio of 28.76, a P/E/G ratio of 1.98 and a beta of 0.51.

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

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ORLY shares. The Goldman Sachs Group reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, August 3rd. DA Davidson set a $106.00 target price on O’Reilly Automotive in a research note on Friday, July 31st. TD Cowen lowered their target price on shares of O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Morgan Stanley reduced their price target on shares of O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Finally, Mizuho lifted their price objective on shares of O’Reilly Automotive from $105.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $107.24.

View Our Latest Analysis on ORLY

Insider Activity

In other news, SVP Christopher Andrew Mancini sold 3,000 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total value of $279,000.00. Following the transaction, the senior vice president directly owned 189 shares in the company, valued at approximately $17,577. This trade represents a 94.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas Hendrickson sold 1,200 shares of the company’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 sale, the director owned 19,675 shares of the company’s stock, valued at $1,737,696. This trade represents a 5.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 6,200 shares of company stock worth $568,684. 0.77% of the stock is currently owned by company insiders.

About O’Reilly Automotive

(Free Report)

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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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