O’Reilly Automotive, Inc. $ORLY Shares Bought by Strs Ohio

Strs Ohio raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 295,902 shares of the specialty retailer’s stock after buying an additional 12,929 shares during the period. Strs Ohio’s holdings in O’Reilly Automotive were worth $31,901,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Sivia Capital Partners LLC raised its position in O’Reilly Automotive by 1,190.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer’s stock valued at $319,000 after purchasing an additional 3,262 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its position in shares of O’Reilly Automotive by 1,471.9% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 6,492 shares of the specialty retailer’s stock worth $585,000 after buying an additional 6,079 shares in the last quarter. AdvisorNet Financial Inc increased its stake in shares of O’Reilly Automotive by 1,070.3% during the second quarter. AdvisorNet Financial Inc now owns 2,013 shares of the specialty retailer’s stock worth $181,000 after buying an additional 1,841 shares during the period. Accurate Wealth Management LLC raised its holdings in O’Reilly Automotive by 1,415.0% in the second quarter. Accurate Wealth Management LLC now owns 5,560 shares of the specialty retailer’s stock valued at $514,000 after acquiring an additional 5,193 shares in the last quarter. Finally, Norden Group LLC raised its holdings in O’Reilly Automotive by 1,711.9% in the second quarter. Norden Group LLC now owns 5,961 shares of the specialty retailer’s stock valued at $537,000 after acquiring an additional 5,632 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $99.23 on Friday. O’Reilly Automotive, Inc. has a 1-year low of $82.90 and a 1-year high of $108.71. The stock has a market cap of $83.76 billion, a PE ratio of 34.38, a price-to-earnings-growth ratio of 2.10 and a beta of 0.63. The firm has a fifty day moving average price of $95.42 and a 200 day moving average price of $98.74.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. During the same quarter in the previous year, the firm earned $11.41 earnings per share. The business’s revenue was up 7.8% compared to the same quarter last year. As a group, equities analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have commented on ORLY. Evercore ISI set a $110.00 price target on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a report on Tuesday, December 16th. Barclays set a $91.00 price objective on shares of O’Reilly Automotive and gave the stock an “equal weight” rating in a research report on Monday, October 27th. Wells Fargo & Company set a $115.00 target price on O’Reilly Automotive and gave the company an “overweight” rating in a report on Wednesday, October 15th. Robert W. Baird raised O’Reilly Automotive to a “strong-buy” rating in a report on Thursday, December 4th. Finally, UBS Group reaffirmed a “buy” rating and set a $120.00 price objective (up from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $111.80.

Insider Buying and Selling

In other news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares of the company’s stock, valued at approximately $752,375. This represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Christopher Andrew Mancini sold 2,355 shares of O’Reilly Automotive stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the transaction, the senior vice president directly owned 28 shares in the company, valued at $2,836.68. The trade was a 98.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 8,980 shares of company stock worth $882,335 in the last quarter. 1.01% of the stock is owned by insiders.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.