Korea Investment CORP Sells 240,601 Shares of O’Reilly Automotive, Inc. $ORLY

Korea Investment CORP decreased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 34.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 449,920 shares of the specialty retailer’s stock after selling 240,601 shares during the quarter. Korea Investment CORP owned about 0.05% of O’Reilly Automotive worth $48,506,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in O’Reilly Automotive by 0.6% in the third quarter. Vanguard Group Inc. now owns 79,271,530 shares of the specialty retailer’s stock worth $8,546,264,000 after purchasing an additional 436,563 shares during the period. State Street Corp increased its stake in O’Reilly Automotive by 1,424.2% in the second 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 in the last quarter. Geode Capital Management LLC raised its holdings in shares of O’Reilly Automotive by 1,443.1% during the second 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 period. Norges Bank acquired a new position in shares of O’Reilly Automotive during the second quarter valued at about $974,515,000. Finally, Invesco Ltd. boosted its position in shares of O’Reilly Automotive by 1,459.7% during the 2nd quarter. Invesco Ltd. now owns 9,482,610 shares of the specialty retailer’s stock worth $854,668,000 after purchasing an additional 8,874,644 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the subject of several research reports. JPMorgan Chase & Co. reduced their target price on O’Reilly Automotive from $114.00 to $108.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Citigroup cut their price target on O’Reilly Automotive from $114.00 to $110.00 and set a “buy” rating on the stock in a report on Monday, February 9th. Roth Mkm reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Wednesday, February 4th. Evercore restated an “outperform” rating on shares of O’Reilly Automotive in a report on Friday, January 30th. Finally, DA Davidson reaffirmed a “buy” rating and set a $110.00 target price on shares of O’Reilly Automotive in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $110.26.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $94.52 on Monday. O’Reilly Automotive, Inc. has a 52 week low of $85.55 and a 52 week high of $108.71. The firm has a 50-day moving average price of $94.65 and a two-hundred day moving average price of $98.18. The firm has a market cap of $79.25 billion, a price-to-earnings ratio of 31.90, a price-to-earnings-growth ratio of 2.11 and a beta of 0.63.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, February 4th. The specialty retailer reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.01). The business had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.39 billion. O’Reilly Automotive had a negative return on equity of 239.04% and a net margin of 14.27%.O’Reilly Automotive’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $9.50 EPS. O’Reilly Automotive has set its FY 2026 guidance at 3.100-3.200 EPS. As a group, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

About O’Reilly Automotive

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.