Voya Investment Management LLC Raises Stake in O’Reilly Automotive, Inc. $ORLY

Voya Investment Management LLC boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 55.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,529,636 shares of the specialty retailer’s stock after buying an additional 1,261,049 shares during the quarter. Voya Investment Management LLC owned approximately 0.42% of O’Reilly Automotive worth $379,884,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Saudi Central Bank bought a new position in shares of O’Reilly Automotive during the 1st quarter valued at approximately $33,000. Accredited Wealth Management LLC purchased a new position in O’Reilly Automotive in the first quarter valued at approximately $42,000. Greenline Partners LLC lifted its stake in O’Reilly Automotive by 18.2% in the first quarter. Greenline Partners LLC now owns 65 shares of the specialty retailer’s stock valued at $93,000 after purchasing an additional 10 shares during the last quarter. WPG Advisers LLC bought a new position in O’Reilly Automotive during the first quarter valued at $138,000. Finally, Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. purchased a new stake in O’Reilly Automotive in the first quarter worth $202,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity

In other news, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the transaction, the senior vice president directly owned 28 shares in the company, valued at $2,836.68. The trade was a 98.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director owned 8,125 shares in the company, valued at $752,375. This trade represents a 27.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,980 shares of company stock worth $882,335 in the last three months. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Down 1.1%

Shares of ORLY opened at $91.79 on Friday. O’Reilly Automotive, Inc. has a twelve month low of $78.30 and a twelve month high of $108.71. The stock has a market cap of $77.48 billion, a PE ratio of 31.80, a P/E/G ratio of 2.19 and a beta of 0.62. The business’s 50-day moving average price is $97.97 and its 200-day moving average price is $98.17.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. The company had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a net margin of 14.23% and a negative return on equity of 206.86%. O’Reilly Automotive’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business earned $11.41 earnings per share. O’Reilly Automotive has set its FY 2025 guidance at 2.900-3.000 EPS. Analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ORLY shares. Mizuho set a $112.00 price target on O’Reilly Automotive in a research report on Monday, October 20th. Wells Fargo & Company set a $115.00 price objective on O’Reilly Automotive and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Baird R W raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Thursday, December 4th. The Goldman Sachs Group set a $121.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research note on Friday, October 24th. Finally, Robert W. Baird set a $115.00 price target on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research note on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.05.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.