Retirement Systems of Alabama raised its position in O’Reilly Automotive Inc. (NASDAQ:ORLY) by 0.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,175 shares of the company’s stock after buying an additional 16 shares during the period. Retirement Systems of Alabama owned about 0.05% of O’Reilly Automotive worth $13,331,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of O’Reilly Automotive by 91.4% in the first quarter. JPMorgan Chase & Co. now owns 1,195,354 shares of the company’s stock worth $327,121,000 after buying an additional 570,755 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of O’Reilly Automotive by 98.1% in the first quarter. Wellington Management Group LLP now owns 672,115 shares of the company’s stock worth $183,930,000 after buying an additional 332,895 shares in the last quarter. Simmons Bank acquired a new stake in shares of O’Reilly Automotive during the first quarter worth approximately $56,809,000. Old Mutual Global Investors UK Ltd. raised its stake in shares of O’Reilly Automotive by 101.3% in the second quarter. Old Mutual Global Investors UK Ltd. now owns 255,437 shares of the company’s stock worth $69,248,000 after buying an additional 128,542 shares in the last quarter. Finally, Bank of Montreal Can acquired a new stake in shares of O’Reilly Automotive during the second quarter worth approximately $33,666,000. 89.53% of the stock is currently owned by institutional investors and hedge funds.

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

O’Reilly Automotive Inc. (NASDAQ:ORLY) traded down 1.44% during trading on Monday, hitting $276.08. 791,219 shares of the company traded hands. O’Reilly Automotive Inc. has a 12-month low of $225.12 and a 12-month high of $292.84. The company has a market capitalization of $26.21 billion, a P/E ratio of 27.44 and a beta of 0.74. The stock has a 50 day moving average price of $281.13 and a 200 day moving average price of $273.21.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 27th. The company reported $2.65 earnings per share for the quarter, missing the consensus estimate of $2.68 by $0.03. O’Reilly Automotive had a net margin of 12.02% and a return on equity of 52.57%. The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.19 billion. During the same quarter last year, the business posted $2.29 earnings per share. O’Reilly Automotive’s revenue was up 6.9% on a year-over-year basis. On average, equities analysts anticipate that O’Reilly Automotive Inc. will post $10.74 earnings per share for the current year.

Several analysts have issued reports on ORLY shares. Deutsche Bank AG reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research report on Sunday, July 10th. Zacks Investment Research raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating and set a $304.00 price target on the stock in a research report on Wednesday, June 29th. Vetr lowered shares of O’Reilly Automotive from a “strong-buy” rating to a “buy” rating and set a $301.89 price target on the stock. in a research report on Tuesday, June 28th. Jefferies Group upped their price target on shares of O’Reilly Automotive from $325.00 to $336.00 and gave the stock a “buy” rating in a research report on Thursday, July 28th. Finally, Citigroup Inc. upped their price target on shares of O’Reilly Automotive from $310.00 to $335.00 and gave the stock a “buy” rating in a research report on Friday, July 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $303.47.

In other O’Reilly Automotive news, Director Paul R. Lederer sold 100 shares of the firm’s stock in a transaction on Friday, August 26th. The stock was sold at an average price of $283.00, for a total transaction of $28,300.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Rosalie Oreilly Wooten sold 10,000 shares of the firm’s stock in a transaction on Thursday, August 11th. The shares were sold at an average price of $290.20, for a total value of $2,902,000.00. Following the transaction, the director now owns 154,092 shares in the company, valued at $44,717,498.40. The disclosure for this sale can be found here. Company insiders own 3.37% of the company’s stock.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company offers its products to both do-it-yourself (DIY) and professional service provider customers. Its stores’ product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control and engine parts; maintenance items, such as filters, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

5 Day Chart for NASDAQ:ORLY

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