Assenagon Asset Management S.A. Boosts Stake in O’Reilly Automotive, Inc. $ORLY

Assenagon Asset Management S.A. boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 38.1% during the second quarter, HoldingsChannel reports. The firm owned 4,189,201 shares of the specialty retailer’s stock after buying an additional 1,155,097 shares during the period. Assenagon Asset Management S.A.’s holdings in O’Reilly Automotive were worth $385,784,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC raised its stake in shares of O’Reilly Automotive by 1,190.5% during the second quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer’s stock worth $319,000 after acquiring an additional 3,262 shares in the last quarter. NewEdge Advisors LLC raised its position in O’Reilly Automotive by 1,473.8% in the 2nd quarter. NewEdge Advisors LLC now owns 69,482 shares of the specialty retailer’s stock worth $6,262,000 after purchasing an additional 65,067 shares during the period. Sei Investments Co. lifted its stake in O’Reilly Automotive by 383.1% in the second quarter. Sei Investments Co. now owns 560,353 shares of the specialty retailer’s stock worth $50,502,000 after purchasing an additional 444,371 shares during the last quarter. BNP Paribas lifted its stake in O’Reilly Automotive by 1,400.0% in the second quarter. BNP Paribas now owns 390 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 364 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in O’Reilly Automotive by 1,357.9% during the second quarter. The Manufacturers Life Insurance Company now owns 498,745 shares of the specialty retailer’s stock valued at $44,950,000 after buying an additional 464,536 shares during the period. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on ORLY shares. Wells Fargo & Company set a $100.00 price objective on O’Reilly Automotive in a research note on Friday, July 24th. TD Cowen lowered their target price on 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. The Goldman Sachs Group restated a “buy” rating on shares of O’Reilly Automotive in a report on Monday. Roth Capital restated a “buy” rating and set a $111.00 price target on shares of O’Reilly Automotive in a research report on Friday, July 31st. Finally, Evercore reaffirmed an “outperform” rating and issued a $115.00 price target on shares of O’Reilly Automotive in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $107.94.

Insider Buying and Selling

In related news, SVP Robert Allen Dumas sold 84,600 shares of the business’s stock in a transaction dated 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 owned 1,782 shares in the company, valued at $165,013.20. The trade was a 97.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas Hendrickson sold 1,200 shares of the stock in a transaction that occurred 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 completion of the sale, the director owned 19,675 shares of the company’s stock, valued at approximately $1,737,696. This trade represents a 5.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 88,395 shares of company stock valued at $8,170,043 over the last ninety days. 0.77% of the stock is owned by insiders.

O’Reilly Automotive Stock Down 0.1%

Shares of ORLY opened at $93.37 on Friday. The stock has a market capitalization of $77.38 billion, a P/E ratio of 29.74, a PEG ratio of 2.05 and a beta of 0.51. O’Reilly Automotive, Inc. has a twelve month low of $82.59 and a twelve month high of $108.71. The firm has a fifty day simple moving average of $88.35 and a two-hundred day simple moving average of $91.58.

O’Reilly Automotive (NASDAQ:ORLY) 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 analysts’ expectations 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 revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.78 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Sell-side analysts expect that O’Reilly Automotive, Inc. will post 3.27 EPS for the current fiscal year.

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.