National Pension Service boosted its holdings in O’Reilly Automotive Inc (NASDAQ:ORLY) by 2.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 117,298 shares of the specialty retailer’s stock after buying an additional 2,302 shares during the quarter. National Pension Service’s holdings in O’Reilly Automotive were worth $35,313,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ORLY. Quantum Capital Management raised its position in O’Reilly Automotive by 15.2% in the first quarter. Quantum Capital Management now owns 319 shares of the specialty retailer’s stock valued at $96,000 after purchasing an additional 42 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in O’Reilly Automotive by 303.8% in the first quarter. The Manufacturers Life Insurance Company now owns 287,159 shares of the specialty retailer’s stock valued at $86,449,000 after purchasing an additional 216,047 shares during the last quarter. CCM Investment Advisers LLC bought a new position in O’Reilly Automotive in the first quarter valued at about $5,359,000. Port Capital LLC raised its position in O’Reilly Automotive by 3.2% in the first quarter. Port Capital LLC now owns 45,572 shares of the specialty retailer’s stock valued at $13,719,000 after purchasing an additional 1,420 shares during the last quarter. Finally, Tensile Capital Management LLC bought a new position in O’Reilly Automotive in the first quarter valued at about $14,355,000. 82.05% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on ORLY shares. Wedbush raised their price objective on O’Reilly Automotive from $300.00 to $380.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Wells Fargo & Co raised their price objective on O’Reilly Automotive from $425.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Nomura Securities lowered their price objective on O’Reilly Automotive from $360.00 to $350.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Stephens restated an “overweight” rating and set a $380.00 price objective (up from $350.00) on shares of O’Reilly Automotive in a research report on Thursday, April 16th. Finally, UBS Group raised their price objective on O’Reilly Automotive from $430.00 to $470.00 and gave the stock a “buy” rating in a research report on Friday. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $405.47.

Shares of ORLY traded up $2.25 during mid-day trading on Friday, hitting $419.85. The stock had a trading volume of 274,300 shares, compared to its average volume of 564,538. The firm has a market cap of $30.72 billion, a P/E ratio of 23.45, a PEG ratio of 1.82 and a beta of 1.06. The business has a fifty day moving average price of $411.90 and a 200-day moving average price of $394.33. The company has a debt-to-equity ratio of 56.35, a current ratio of 0.91 and a quick ratio of 0.14. O’Reilly Automotive Inc has a 52 week low of $251.51 and a 52 week high of $454.31.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, April 22nd. The specialty retailer reported $3.97 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.86 by $0.11. The firm had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.47 billion. O’Reilly Automotive had a return on equity of 670.84% and a net margin of 13.41%. The business’s revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the company posted $4.05 earnings per share. As a group, research analysts expect that O’Reilly Automotive Inc will post 16.34 earnings per share for the current fiscal year.

In other O’Reilly Automotive news, SVP Carl David Wilbanks sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $425.74, for a total transaction of $4,257,400.00. Following the completion of the transaction, the senior vice president now owns 10,807 shares of the company’s stock, valued at approximately $4,600,972.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jason Lee Tarrant sold 9,166 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $376.17, for a total value of $3,447,974.22. Following the transaction, the senior vice president now directly owns 1,478 shares of the company’s stock, valued at approximately $555,979.26. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,540 shares of company stock worth $9,055,986. 2.43% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Profile

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

See Also: Liquidity

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Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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