Connor Clark & Lunn Investment Management Ltd. Buys New Shares in O’Reilly Automotive, Inc. $ORLY

Connor Clark & Lunn Investment Management Ltd. bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 2nd quarter, Holdings Channel.com reports. The fund bought 2,534,581 shares of the specialty retailer’s stock, valued at approximately $233,410,000.

A number of other institutional investors have also bought and sold shares of the business. Tucker Asset Management LLC bought a new position in shares of O’Reilly Automotive in the fourth quarter worth about $26,000. Wilkerson Advisory Group LLC bought a new position in O’Reilly Automotive in the 4th quarter worth approximately $27,000. Kelleher Financial Advisors purchased a new stake in O’Reilly Automotive during the 2nd quarter valued at approximately $28,000. Whipplewood Advisors LLC raised its position in shares of O’Reilly Automotive by 1,552.6% during the first quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 295 shares during the last quarter. Finally, Bell Investment Advisors Inc bought a new stake in shares of O’Reilly Automotive during the second quarter valued at approximately $29,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

ORLY stock opened at $89.11 on Monday. The firm has a fifty day moving average price of $88.91 and a 200 day moving average price of $91.02. O’Reilly Automotive, Inc. has a fifty-two week low of $82.59 and a fifty-two week high of $108.71. The firm has a market cap of $72.09 billion, a PE ratio of 28.38, a price-to-earnings-growth ratio of 1.95 and a beta of 0.51.

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. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 232.45%. The company had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same quarter in the prior year, the firm earned $0.78 earnings per share. O’Reilly Automotive’s revenue was up 8.1% on a year-over-year basis. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 3.27 EPS for the current year.

Insider Activity

In other O’Reilly Automotive news, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $88.32, for a total transaction of $105,984.00. Following the transaction, the director owned 19,675 shares in the company, valued at $1,737,696. The trade was a 5.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Maria Sastre sold 2,000 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total transaction of $183,700.00. Following the completion of the sale, the director directly owned 14,970 shares in the company, valued at approximately $1,374,994.50. This represents a 11.79% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 6,200 shares of company stock valued at $568,684. 0.77% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on ORLY shares. Evercore restated an “outperform” rating and set a $115.00 target price on shares of O’Reilly Automotive in a research report on Friday, May 1st. Wolfe Research set a $98.00 price target on shares of O’Reilly Automotive in a research note on Wednesday, July 15th. Morgan Stanley dropped their price objective on shares of O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Raymond James Financial restated an “outperform” rating and set a $110.00 price objective on shares of O’Reilly Automotive in a research report on Friday, July 31st. Finally, UBS Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $107.24.

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.