Intech Investment Management LLC Has $15.98 Million Stock Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Intech Investment Management LLC decreased its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 10.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,874 shares of the specialty retailer's stock after selling 1,637 shares during the period. Intech Investment Management LLC's holdings in O'Reilly Automotive were worth $15,977,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Advisors LLC boosted its position in shares of O'Reilly Automotive by 8.8% in the third quarter. Cornerstone Advisors LLC now owns 3,700 shares of the specialty retailer's stock valued at $4,261,000 after acquiring an additional 300 shares during the period. Citizens Financial Group Inc. RI boosted its position in shares of O'Reilly Automotive by 7.1% in the third quarter. Citizens Financial Group Inc. RI now owns 709 shares of the specialty retailer's stock valued at $816,000 after acquiring an additional 47 shares during the period. Bellwether Advisors LLC boosted its position in shares of O'Reilly Automotive by 2.0% in the third quarter. Bellwether Advisors LLC now owns 1,917 shares of the specialty retailer's stock valued at $2,208,000 after acquiring an additional 38 shares during the period. Darwin Wealth Management LLC bought a new stake in O'Reilly Automotive during the third quarter valued at approximately $32,000. Finally, Segall Bryant & Hamill LLC lifted its position in O'Reilly Automotive by 51.1% during the third quarter. Segall Bryant & Hamill LLC now owns 21,713 shares of the specialty retailer's stock valued at $25,005,000 after purchasing an additional 7,340 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Wedbush reiterated a "neutral" rating and set a $1,200.00 target price on shares of O'Reilly Automotive in a research report on Thursday, October 24th. BNP Paribas raised shares of O'Reilly Automotive to a "strong-buy" rating in a research note on Friday, October 25th. Bank of America lifted their price target on shares of O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a "buy" rating in a research note on Thursday, August 22nd. TD Cowen lifted their target price on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. Finally, Roth Mkm reaffirmed a "buy" rating and issued a $1,337.00 target price on shares of O'Reilly Automotive in a research note on Wednesday, October 16th. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,242.13.

O'Reilly Automotive Stock Up 1.9 %

Shares of NASDAQ ORLY traded up $22.63 on Friday, hitting $1,227.37. The company had a trading volume of 338,574 shares, compared to its average volume of 375,051. O'Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,255.30. The business has a 50 day moving average of $1,177.33 and a two-hundred day moving average of $1,099.65. The firm has a market capitalization of $70.86 billion, a P/E ratio of 29.80, a PEG ratio of 2.44 and a beta of 0.92.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $10.72 EPS. On average, sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

Insider Activity

In other O'Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.55% of the company's stock.

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.