O'Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Holdings Lessened by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio reduced its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,507 shares of the specialty retailer's stock after selling 826 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.06% of O'Reilly Automotive worth $37,435,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORLY. Asset Dedication LLC raised its position in O'Reilly Automotive by 6.2% in the third quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer's stock valued at $178,000 after purchasing an additional 9 shares during the period. Marks Group Wealth Management Inc lifted its stake in shares of O'Reilly Automotive by 1.5% in the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer's stock worth $697,000 after acquiring an additional 9 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in O'Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer's stock valued at $132,000 after purchasing an additional 9 shares during the last quarter. Metis Global Partners LLC grew its stake in O'Reilly Automotive by 0.5% during the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer's stock valued at $2,145,000 after purchasing an additional 9 shares in the last quarter. Finally, L.M. Kohn & Company grew its stake in O'Reilly Automotive by 1.4% during the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer's stock valued at $753,000 after purchasing an additional 9 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Activity

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the business's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now owns 5 shares of the company's stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrea Weiss sold 600 shares of the firm's stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares of the company's stock, valued at $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.18% of the company's stock.

O'Reilly Automotive Trading Up 0.9 %

NASDAQ:ORLY traded up $11.45 during mid-day trading on Tuesday, hitting $1,266.35. The stock had a trading volume of 320,533 shares, compared to its average volume of 372,125. O'Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,273.59. The stock has a market capitalization of $73.11 billion, a price-to-earnings ratio of 31.33, a P/E/G ratio of 2.55 and a beta of 0.93. The company has a 50 day simple moving average of $1,204.04 and a 200-day simple moving average of $1,120.87.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued 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). O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the prior year, the firm posted $10.72 earnings per share. The business's quarterly revenue was up 3.8% on a year-over-year basis. As a group, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on ORLY shares. BNP Paribas upgraded O'Reilly Automotive to a "strong-buy" rating in a research note on Friday, October 25th. Royal Bank of Canada increased their price objective on shares of O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. TD Cowen boosted 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 report on Friday, October 25th. JPMorgan Chase & Co. increased their price target 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. Finally, Wells Fargo & Company boosted their price objective on O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an "overweight" rating in a report on Monday, October 14th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $1,248.06.

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.