Assenagon Asset Management S.A. 13F: Adds $262M to ORLY Stake
Assenagon Asset Management significantly increased its holdings in O'Reilly Automotive, now owning over 7.25 million shares.
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Assenagon Asset Management S.A. added 3,061,855 shares to its stake in O'Reilly Automotive, Inc. ($ORLY), a 73.09% increase, according to a 13F filing with the SEC dated October 15, 2026. It reported 7,251,056 shares worth $619.31 million at the end of the quarter.
Since the filing, $ORLY is up 0.9% to date (from the $88.50 close on Oct 15, 2026).
Find the original: Assenagon Asset Management S.A. 13F filings on SEC EDGAR
ORLY
O'Reilly Automotive, Inc.
Key Points
- Assenagon Asset Management increased its stake in O'Reilly Automotive, adding 3,061,855 shares, which represents a 73.1% increase, bringing its total to 7,251,056 shares.
- The recent trading price for O'Reilly Automotive is about $89.06, which is 17% below the average price target of $107.35 set by analysts.
- O'Reilly Automotive has a market cap of approximately $72.2 billion, with a P/E ratio of about 28.3 and a forward P/E of 24.4.
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In a filing on October 15, 2026, Assenagon Asset Management S.A. reported a significant boost to its position in O'Reilly Automotive, Inc. (ORLY) on the NasdaqGS. The fund added 3,061,855 shares, raising its total from 4,189,201 to 7,251,056 shares. This move reflects a 73.1% increase in its holdings, valued at approximately $619.3 million.
Assenagon Asset Management S.A. vs. the S&P 500
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What Changed in Assenagon Asset Management's O'Reilly Automotive Position
Assenagon Asset Management boosted its stake in O'Reilly Automotive by adding over 3 million shares. The total now stands at 7,251,056 shares. This position illustrates a strong commitment to the company.
Other Institutional Activity in O'Reilly Automotive
Several other institutional investors have been active with O'Reilly Automotive recently. BlackRock Inc. reduced its holdings by 599,942 shares, ending with 64,611,159 shares worth about $5.77 billion. Vanguard Capital Management LLC also trimmed its position, selling 591,244 shares to hold 54,153,543 shares valued at approximately $4.83 billion. Invesco Ltd. increased its stake by 325,963 shares, now holding 26,613,289 shares worth around $2.38 billion. Meanwhile, State Street Corporation and Geode Capital Management made minor adjustments, both decreasing their shares slightly.
O'Reilly Automotive, Inc. Stock Up 0.6%
As of October 16, 2026, O'Reilly Automotive shares recently traded around $89.06. This price is 17% below the average target price of $107.35 set by analysts. The stock is currently below its 200-day moving average by about 1.8% and is 13.1% lower than its 52-week high of $102.46.
Recent Earnings
O'Reilly Automotive reported a trailing twelve-month revenue of $18.57 billion, reflecting a year-over-year growth of 8.1%. The company has an EPS of $3.15. Its next earnings report is scheduled for October 28, 2026.
Insider Buying and Selling at O'Reilly Automotive, Inc.
Recent insider activity includes several sales, with Director Thomas T. Hendrickson selling 1,200 shares at an average price of $88.32 on May 29, and Officer Christopher Andrew Mancini selling 3,000 shares at $93.00 on August 12. Director Maria Amalia Sastre also sold 2,000 shares at $91.85 on the same date.
Analysts Set New Price Targets
Analysts remain positive about O'Reilly Automotive. On July 31, 2026, TD Cowen maintained a Buy rating with a target of $110.00. Citigroup followed with a Buy rating and a target of $106.00 on August 3. DA Davidson maintained its Buy rating with a consistent target of $106.00 on September 16 and 18, while Bernstein recently initiated coverage with a Market Perform rating and a target of $94.00 on September 29.
About O'Reilly Automotive
O'Reilly Automotive, Inc. is a major retailer and supplier of automotive aftermarket parts, tools, supplies, and accessories across the U.S., Canada, Mexico, and Puerto Rico. The recent increase in Assenagon's stake suggests strong confidence in O'Reilly's market position within the auto parts industry.
Bottom Line
Assenagon's heightened stake in O'Reilly Automotive is significant, but keep in mind that the 13F filing reflects holdings as of the reporting period and may not represent the current position. The next earnings report is due on October 28, 2026, and analysts maintain a generally optimistic outlook on the stock.
Related Filing Alerts
Source: Assenagon Asset Management S.A.'s 13F filing on $ORLY (Oct 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Assenagon Asset Management S.A. 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts