Livforsakringsbolaget Skandia Omsesidigt bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 24,495 shares of the specialty retailer’s stock, valued at approximately $2,255,000.
Several other institutional investors have also modified their holdings of the stock. BlackRock Inc. acquired a new position in O’Reilly Automotive in the 2nd quarter valued at about $5,950,042,000. State Street Corp raised its position in shares of O’Reilly Automotive by 0.4% during the 4th quarter. State Street Corp now owns 37,206,098 shares of the specialty retailer’s stock valued at $3,393,568,000 after buying an additional 140,387 shares during the period. Geode Capital Management LLC lifted its holdings in O’Reilly Automotive by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 24,140,497 shares of the specialty retailer’s stock valued at $2,201,555,000 after acquiring an additional 372,896 shares during the last quarter. Wellington Management Group LLP lifted its holdings in O’Reilly Automotive by 25.1% in the fourth quarter. Wellington Management Group LLP now owns 14,755,276 shares of the specialty retailer’s stock valued at $1,345,829,000 after acquiring an additional 2,964,945 shares during the last quarter. Finally, Norges Bank purchased a new position in O’Reilly Automotive in the fourth quarter worth approximately $1,134,311,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Price Performance
Shares of NASDAQ:ORLY opened at $88.50 on Friday. The firm has a market capitalization of $71.59 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 1.92 and a beta of 0.51. O’Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $108.71. The firm’s 50-day moving average is $88.99 and its two-hundred day moving average is $90.84.
Analyst Ratings Changes
ORLY has been the topic of a number of research analyst reports. Wolfe Research set a $98.00 target price on O’Reilly Automotive in a research report on Wednesday, July 15th. Robert W. Baird set a $100.00 price objective on O’Reilly Automotive in a research report on Friday, July 31st. Roth Capital restated a “buy” rating and issued a $111.00 price objective on shares of O’Reilly Automotive in a report on Friday, July 31st. UBS Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research report on Friday, July 31st. Finally, Evercore reiterated an “outperform” rating and set a $115.00 price target on shares of O’Reilly Automotive in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.24.
Read Our Latest Report on O’Reilly Automotive
Insider Activity at O’Reilly Automotive
In other O’Reilly Automotive news, Director Maria Sastre sold 2,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total value of $183,700.00. Following the completion of the transaction, the director owned 14,970 shares in the company, valued at $1,374,994.50. The trade was a 11.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Christopher Andrew Mancini sold 3,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total value of $279,000.00. Following the sale, the senior vice president directly owned 189 shares in the company, valued at $17,577. This represents a 94.07% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.77% of the company’s stock.
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.
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