O'Reilly Automotive, Inc. (NASDAQ:ORLY) is Vantage Investment Partners LLC's 2nd Largest Position

Vantage Investment Partners LLC lessened its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 3.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 52,177 shares of the specialty retailer's stock after selling 1,730 shares during the quarter. O'Reilly Automotive accounts for 5.0% of Vantage Investment Partners LLC's portfolio, making the stock its 2nd largest position. Vantage Investment Partners LLC owned approximately 0.09% of O'Reilly Automotive worth $60,087,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ORLY. Vanguard Group Inc. grew its holdings in O'Reilly Automotive by 1.5% during the first quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer's stock worth $5,739,462,000 after acquiring an additional 75,837 shares during the period. Principal Financial Group Inc. boosted its stake in shares of O'Reilly Automotive by 3.2% in the second quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer's stock worth $1,954,404,000 after acquiring an additional 57,194 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of O'Reilly Automotive by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer's stock worth $1,505,649,000 after buying an additional 19,211 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in O'Reilly Automotive by 56.2% in the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer's stock valued at $1,180,259,000 after acquiring an additional 376,167 shares during the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of O'Reilly Automotive by 99,957.0% in the third 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 in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, Chairman David E. Oreilly sold 1,000 shares of the company's stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the completion of the transaction, the chairman now owns 183,583 shares of the company's stock, valued at $205,407,347.04. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other O'Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of O'Reilly Automotive stock in a transaction dated Monday, August 19th. The stock was 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 in the company, valued at approximately $158,511,717.28. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman David E. Oreilly sold 1,000 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the transaction, the chairman now owns 183,583 shares of the company's stock, valued at approximately $205,407,347.04. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,322 shares of company stock valued at $18,280,698. Corporate insiders own 1.55% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ORLY. Wedbush restated a "neutral" rating and issued a $1,200.00 target price on shares of O'Reilly Automotive in a report on Thursday, October 24th. Evercore ISI raised their target price on O'Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an "outperform" rating in a research note on Thursday, August 22nd. Truist Financial increased their price target on O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a "buy" rating in a report 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 company a "buy" rating in a research report on Thursday, August 22nd. Finally, Morgan Stanley lifted their target price on shares of O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an "equal weight" rating in a report on Thursday, October 24th. Four equities research 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $1,242.13.

O'Reilly Automotive Price Performance

Shares of O'Reilly Automotive stock traded up $8.33 on Tuesday, hitting $1,236.85. The company had a trading volume of 298,352 shares, compared to its average volume of 375,247. The company has a market cap of $71.74 billion, a PE ratio of 30.39, a PEG ratio of 2.47 and a beta of 0.92. O'Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,244.50. The business has a 50-day simple moving average of $1,163.19 and a 200-day simple moving average of $1,089.75.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its 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). O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $4.42 billion. During the same period in the prior year, the company earned $10.72 earnings per share. The company's revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities research analysts predict that O'Reilly Automotive, Inc. will post 40.81 earnings per share for the current fiscal year.

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.