National Pension Service boosted its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 9.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 125,900 shares of the specialty retailer's stock after buying an additional 10,698 shares during the period. National Pension Service owned 0.22% of O'Reilly Automotive worth $144,986,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the business. Donaldson Capital Management LLC lifted its stake in O'Reilly Automotive by 0.4% in the 3rd quarter. Donaldson Capital Management LLC now owns 6,548 shares of the specialty retailer's stock worth $7,541,000 after purchasing an additional 29 shares in the last quarter. KG&L Capital Management LLC boosted its position in shares of O'Reilly Automotive by 6.9% during the 3rd quarter. KG&L Capital Management LLC now owns 758 shares of the specialty retailer's stock valued at $873,000 after acquiring an additional 49 shares during the last quarter. Optas LLC purchased a new position in shares of O'Reilly Automotive in the 3rd quarter worth $261,000. Princeton Global Asset Management LLC bought a new stake in O'Reilly Automotive during the third quarter worth approximately $41,000. Finally, Principal Securities Inc. raised its holdings in 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 buying an additional 188 shares during the period. Institutional investors own 85.00% of the company's stock.
Insider Activity at O'Reilly Automotive
In other O'Reilly Automotive news, Director Dana Perlman sold 48 shares of O'Reilly Automotive stock in a transaction that occurred on 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 directly owns 1,097 shares in the company, valued at approximately $1,217,406.72. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other O'Reilly Automotive news, Director Dana Perlman sold 48 shares of the company's stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total value of $53,268.48. Following the sale, the director now owns 1,097 shares in the company, valued at approximately $1,217,406.72. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. 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 over the last quarter. Insiders own 1.18% of the company's stock.
Analysts Set New Price Targets
Several research analysts have issued reports on ORLY shares. TD Cowen boosted their target price on O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a "buy" rating in a research report on Friday, October 25th. DA Davidson reiterated a "buy" rating and set a $1,275.00 target price on shares of O'Reilly Automotive in a research report on Thursday, October 24th. UBS Group reduced their price target on shares of O'Reilly Automotive from $1,275.00 to $1,250.00 and set a "buy" rating on the stock in a research note on Thursday, July 18th. Wells Fargo & Company boosted their price objective on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an "overweight" rating in a research report on Monday, October 14th. Finally, JPMorgan Chase & Co. raised 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 research report on Wednesday, October 16th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned 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 price target of $1,242.13.
Check Out Our Latest Stock Analysis on ORLY
O'Reilly Automotive Stock Up 0.4 %
Shares of ORLY traded up $4.77 during mid-day trading on Tuesday, hitting $1,162.33. 260,336 shares of the company traded hands, compared to its average volume of 374,875. The company has a market capitalization of $67.43 billion, a PE ratio of 28.64, a price-to-earnings-growth ratio of 2.33 and a beta of 0.92. O'Reilly Automotive, Inc. has a 1-year low of $914.50 and a 1-year high of $1,221.18. The business has a 50 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 data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company's quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $10.72 earnings per share. As a group, research analysts expect that O'Reilly Automotive, Inc. will post 40.82 EPS for the current fiscal year.
O'Reilly Automotive Profile
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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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