SGL Investment Advisors Inc. Takes $4.93 Million Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

SGL Investment Advisors Inc. purchased a new stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,024 shares of the specialty retailer's stock, valued at approximately $4,927,000. O'Reilly Automotive comprises about 2.5% of SGL Investment Advisors Inc.'s portfolio, making the stock its 11th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its holdings in O'Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock valued at $984,027,000 after purchasing an additional 853,633 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of O'Reilly Automotive by 73.0% during the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer's stock valued at $1,986,874,000 after buying an additional 728,040 shares during the period. Mizuho Securities USA LLC grew its stake in shares of O'Reilly Automotive by 10,626.8% during the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock valued at $5,393,000 after buying an additional 482,670 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of O'Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock worth $692,816,000 after buying an additional 133,139 shares during the period. Finally, Marshall Wace LLP lifted its stake in shares of O'Reilly Automotive by 809.8% during the 2nd quarter. Marshall Wace LLP now owns 90,978 shares of the specialty retailer's stock worth $96,078,000 after acquiring an additional 80,978 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the transaction, the director now owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company's stock in a transaction that occurred 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 transaction, the senior vice president now directly owns 5 shares of the company's stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.18% of the company's stock.

O'Reilly Automotive Price Performance

ORLY traded down $3.62 during trading on Monday, reaching $1,254.16. 152,071 shares of the company's stock were exchanged, compared to its average volume of 371,647. The stock has a market capitalization of $72.40 billion, a P/E ratio of 31.12, a price-to-earnings-growth ratio of 2.55 and a beta of 0.93. O'Reilly Automotive, Inc. has a 1 year low of $914.50 and a 1 year high of $1,265.52. The company's fifty day simple moving average is $1,201.98 and its 200-day simple moving average is $1,118.90.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results 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 business had revenue of $4.36 billion during the quarter, compared to analysts' expectations of $4.42 billion. O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. O'Reilly Automotive's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $10.72 earnings per share. Equities analysts forecast that O'Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wells Fargo & Company upped their target price on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an "overweight" rating in a research note on Monday, October 14th. Evercore ISI upped their price objective on shares of O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an "outperform" rating in a research note on Tuesday, December 3rd. BNP Paribas raised shares of O'Reilly Automotive to a "strong-buy" rating in a research note on Friday, October 25th. TD Cowen increased 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. Finally, Roth Mkm reissued 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. Four research 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 stock. Based on data from MarketBeat.com, the stock has a consensus 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.