Danske Bank A S Invests $55.78 Million in O’Reilly Automotive, Inc. $ORLY

Danske Bank A S bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 605,758 shares of the specialty retailer’s stock, valued at approximately $55,784,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sivia Capital Partners LLC lifted its holdings in shares of O’Reilly Automotive by 1,190.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer’s stock valued at $319,000 after buying an additional 3,262 shares during the period. NewEdge Advisors LLC grew its holdings in O’Reilly Automotive by 1,473.8% during the second quarter. NewEdge Advisors LLC now owns 69,482 shares of the specialty retailer’s stock worth $6,262,000 after acquiring an additional 65,067 shares during the period. Sei Investments Co. grew its holdings in O’Reilly Automotive by 383.1% during the second quarter. Sei Investments Co. now owns 560,353 shares of the specialty retailer’s stock worth $50,502,000 after acquiring an additional 444,371 shares during the period. BNP Paribas grew its holdings in O’Reilly Automotive by 1,400.0% during the second quarter. BNP Paribas now owns 390 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 364 shares during the period. Finally, The Manufacturers Life Insurance Company raised 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 acquiring an additional 464,536 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Raymond James Financial reissued an “outperform” rating and issued a $110.00 price target on shares of O’Reilly Automotive in a report on Friday, July 31st. Robert W. Baird set a $100.00 price objective on shares of O’Reilly Automotive in a research note on Friday, July 31st. TD Cowen cut 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 report on Friday, July 31st. Wells Fargo & Company set a $100.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 24th. Finally, Truist Financial set a $108.00 price target on shares of O’Reilly Automotive in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average target price of $107.24.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 3,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total transaction of $279,000.00. Following the completion of the transaction, the senior vice president owned 189 shares in the company, valued at $17,577. This represents a 94.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maria Sastre sold 2,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total transaction of $183,700.00. Following the transaction, the director owned 14,970 shares of the company’s stock, valued at approximately $1,374,994.50. This trade represents a 11.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 6,200 shares of company stock valued at $568,684 over the last ninety days. Corporate insiders own 0.77% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of ORLY stock opened at $90.76 on Wednesday. O’Reilly Automotive, Inc. has a 1-year low of $82.59 and a 1-year high of $108.71. The company has a market cap of $73.42 billion, a price-to-earnings ratio of 28.90, a PEG ratio of 1.99 and a beta of 0.51. The stock has a 50 day simple moving average of $88.96 and a 200-day simple moving average of $91.20.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results 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 firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.78 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Analysts anticipate that O’Reilly Automotive, Inc. will post 3.27 earnings per share 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.