CI Investments Inc. Acquires 15,415 Shares of O’Reilly Automotive, Inc. $ORLY

CI Investments Inc. grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 136.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 26,728 shares of the specialty retailer’s stock after buying an additional 15,415 shares during the quarter. CI Investments Inc.’s holdings in O’Reilly Automotive were worth $2,467,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Caldwell Trust Co raised its position in shares of O’Reilly Automotive by 1,255.6% in the 4th quarter. Caldwell Trust Co now owns 13,136 shares of the specialty retailer’s stock worth $1,198,000 after acquiring an additional 12,167 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of O’Reilly Automotive during the fourth quarter valued at approximately $3,908,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in O’Reilly Automotive by 6.6% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,870,919 shares of the specialty retailer’s stock worth $169,019,000 after purchasing an additional 115,447 shares during the period. Goldman Sachs Group Inc. lifted its position in O’Reilly Automotive by 9.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 9,338,304 shares of the specialty retailer’s stock valued at $851,747,000 after buying an additional 835,518 shares during the period. Finally, Marble Wealth LLC purchased a new stake in shares of O’Reilly Automotive in the 4th quarter worth about $2,559,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Robert Allen Dumas sold 84,600 shares of O’Reilly Automotive stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $92.60, for a total transaction of $7,833,960.00. Following the transaction, the senior vice president directly owned 1,782 shares in the company, valued at approximately $165,013.20. The trade was a 97.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Raymond Murphy sold 2,595 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $88.67, for a total value of $230,098.65. Following the sale, the director directly owned 4,000 shares of the company’s stock, valued at $354,680. This represents a 39.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 105,730 shares of company stock valued at $9,815,388 in the last 90 days. Insiders own 0.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ORLY. Wolfe Research set a $98.00 price objective on shares of O’Reilly Automotive in a report on Wednesday, July 15th. TD Cowen reissued a “buy” rating and issued a $117.00 price target (up from $115.00) on shares of O’Reilly Automotive in a research report on Friday, May 1st. Robert W. Baird set a $110.00 price target on O’Reilly Automotive in a research note on Friday, May 1st. Morgan Stanley reiterated an “overweight” rating and set a $112.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, April 30th. Finally, Truist Financial set a $108.00 target price on O’Reilly Automotive in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $110.22.

O’Reilly Automotive Stock Up 1.5%

Shares of NASDAQ ORLY opened at $87.40 on Friday. O’Reilly Automotive, Inc. has a twelve month low of $82.59 and a twelve month high of $108.71. The company has a 50 day moving average of $88.39 and a 200 day moving average of $91.73. The firm has a market cap of $72.43 billion, a P/E ratio of 28.56, a PEG ratio of 1.90 and a beta of 0.51.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, April 29th. The specialty retailer reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. O’Reilly Automotive had a net margin of 14.30% and a negative return on equity of 263.22%. The firm had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.46 billion. During the same quarter last year, the firm posted $9.35 EPS. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. As a group, equities analysts expect that O’Reilly Automotive, Inc. will post 3.24 earnings per share for the current fiscal year.

O’Reilly Automotive 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.