Robeco Institutional Asset Management B.V. lowered its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 13.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 149,581 shares of the specialty retailer's stock after selling 24,004 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.26% of O'Reilly Automotive worth $172,257,000 as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. Optas LLC acquired a new stake in O'Reilly Automotive in the third quarter valued at approximately $261,000. Princeton Global Asset Management LLC bought a new position in shares of O'Reilly Automotive in the 3rd quarter valued at $41,000. Principal Securities Inc. boosted its holdings in shares of O'Reilly Automotive by 8.0% during the 3rd quarter. Principal Securities Inc. now owns 2,535 shares of the specialty retailer's stock valued at $2,919,000 after acquiring an additional 188 shares in the last quarter. Oak Ridge Investments LLC grew its position in O'Reilly Automotive by 4.3% during the 3rd quarter. Oak Ridge Investments LLC now owns 12,576 shares of the specialty retailer's stock worth $14,483,000 after acquiring an additional 513 shares during the last quarter. Finally, Congress Asset Management Co. increased its holdings in O'Reilly Automotive by 7.9% in the 3rd quarter. Congress Asset Management Co. now owns 133,885 shares of the specialty retailer's stock worth $154,182,000 after purchasing an additional 9,838 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.
O'Reilly Automotive Trading Up 1.0 %
NASDAQ ORLY traded up $10.97 on Monday, hitting $1,157.56. 356,872 shares of the company were exchanged, compared to its average volume of 375,413. O'Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,221.18. The company has a market cap of $67.15 billion, a PE ratio of 28.64, a PEG ratio of 2.34 and a beta of 0.92. The stock has a fifty day moving average of $1,155.34 and a 200-day moving average of $1,085.27.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period last year, the company posted $10.72 earnings per share. The firm's quarterly revenue was up 3.8% compared to the same quarter last year. On average, analysts expect that O'Reilly Automotive, Inc. will post 40.82 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the company. Barclays lifted their price target on O'Reilly Automotive from $986.00 to $1,088.00 and gave the company an "equal weight" rating in a research note on Friday, October 25th. JPMorgan Chase & Co. boosted their target price on shares of O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an "overweight" rating in a report on Wednesday, October 16th. Roth Mkm restated a "buy" rating and issued a $1,337.00 price target on shares of O'Reilly Automotive in a research report on Wednesday, October 16th. Wells Fargo & Company lifted their price target on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an "overweight" rating in a report on Monday, October 14th. Finally, UBS Group decreased their price objective on O'Reilly Automotive from $1,275.00 to $1,250.00 and set a "buy" rating for the company in a report on Thursday, July 18th. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, O'Reilly Automotive presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,242.13.
Get Our Latest Report on O'Reilly Automotive
Insider Buying and Selling
In other O'Reilly Automotive news, Director Dana Perlman sold 48 shares of the firm's stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.48. Following the transaction, the director now directly owns 1,097 shares of the company's stock, valued at approximately $1,217,406.72. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other O'Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of O'Reilly Automotive stock in a transaction on Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the transaction, the director now directly owns 141,589 shares of the company's stock, valued at $158,511,717.28. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dana Perlman sold 48 shares of the stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the completion of the sale, the director now owns 1,097 shares of the company's stock, valued at approximately $1,217,406.72. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 16,370 shares of company stock worth $18,333,966 in the last ninety days. Corporate insiders own 1.55% of the company's stock.
O'Reilly Automotive Profile
(
Free Report)
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.
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