Vaughan Nelson Investment Management L.P. Has $168.61 Million Stock Position in O’Reilly Automotive, Inc. $ORLY

Vaughan Nelson Investment Management L.P. lowered its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 9.2% in the third quarter, HoldingsChannel reports. The fund owned 1,563,977 shares of the specialty retailer’s stock after selling 158,426 shares during the period. O’Reilly Automotive accounts for approximately 1.5% of Vaughan Nelson Investment Management L.P.’s investment portfolio, making the stock its 16th largest holding. Vaughan Nelson Investment Management L.P.’s holdings in O’Reilly Automotive were worth $168,612,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in O’Reilly Automotive by 1,404.9% in the second quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock worth $7,105,396,000 after purchasing an additional 73,596,571 shares during the period. State Street Corp lifted its position in O’Reilly Automotive by 1,424.2% during the 2nd quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after purchasing an additional 34,740,553 shares during the period. Geode Capital Management LLC boosted its stake in shares of O’Reilly Automotive by 1,443.1% in the 2nd quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock valued at $2,130,866,000 after purchasing an additional 22,144,563 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of 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 worth $1,590,894,000 after buying an additional 16,406,181 shares during the period. Finally, Jennison Associates LLC grew its position in shares of O’Reilly Automotive by 1,820.9% during the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock worth $1,272,363,000 after buying an additional 13,382,074 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.2%

Shares of NASDAQ ORLY opened at $90.39 on Wednesday. O’Reilly Automotive, Inc. has a twelve month low of $79.58 and a twelve month high of $108.71. The stock has a market cap of $76.30 billion, a price-to-earnings ratio of 31.31, a P/E/G ratio of 1.92 and a beta of 0.63. The company’s fifty day moving average is $95.67 and its 200-day moving average is $98.40.

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

Insiders Place Their Bets

In related news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares of the company’s stock, valued at approximately $752,375. This represents a 27.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction that occurred 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 sale, the senior vice president owned 4,792 shares in the company, valued at $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 sold 8,980 shares of company stock worth $882,335 over the last ninety days. 1.01% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

ORLY has been the topic of several analyst reports. Raymond James Financial upgraded shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective on the stock in a report on Wednesday, November 5th. Robert W. Baird set a $115.00 target price on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research report on Wednesday, December 3rd. Wells Fargo & Company set a $115.00 price target on O’Reilly Automotive and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Baird R W raised O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. Finally, Royal Bank Of Canada set a $110.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Buy” and a consensus price target of $112.05.

O’Reilly Automotive Company Profile

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.