JPMorgan Chase & Co. reduced its stake in O’Reilly Automotive Inc. (NASDAQ:ORLY) by 0.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,465,293 shares of the company’s stock after selling 3,260 shares during the period. JPMorgan Chase & Co. owned approximately 1.55% of O’Reilly Automotive worth $410,443,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. First Republic Investment Management Inc. increased its stake in O’Reilly Automotive by 45.9% in the first quarter. First Republic Investment Management Inc. now owns 4,287 shares of the company’s stock valued at $1,173,000 after buying an additional 1,348 shares during the last quarter. BlueMountain Capital Management LLC increased its stake in shares of O’Reilly Automotive by 69.9% in the first quarter. BlueMountain Capital Management LLC now owns 1,288 shares of the company’s stock worth $352,000 after buying an additional 530 shares during the last quarter. Raymond James Trust N.A. increased its stake in shares of O’Reilly Automotive by 12.1% in the second quarter. Raymond James Trust N.A. now owns 3,713 shares of the company’s stock worth $1,007,000 after buying an additional 400 shares during the last quarter. British Columbia Investment Management Corp increased its stake in shares of O’Reilly Automotive by 3.6% in the second quarter. British Columbia Investment Management Corp now owns 52,846 shares of the company’s stock worth $14,327,000 after buying an additional 1,845 shares during the last quarter. Finally, Exxonmobil Investment Management Inc. TX increased its stake in shares of O’Reilly Automotive by 5.5% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 24,968 shares of the company’s stock worth $6,769,000 after buying an additional 1,305 shares during the last quarter. 88.71% of the stock is owned by institutional investors and hedge funds.

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

O’Reilly Automotive Inc. (NASDAQ:ORLY) opened at 274.63 on Tuesday. The company has a 50-day moving average price of $270.15 and a 200-day moving average price of $273.38. O’Reilly Automotive Inc. has a 12-month low of $225.12 and a 12-month high of $292.84. The firm has a market cap of $25.94 billion, a P/E ratio of 26.62 and a beta of 0.69.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 26th. The company reported $2.90 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.92 by $0.02. O’Reilly Automotive had a return on equity of 53.94% and a net margin of 11.97%. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter last year, the business posted $2.64 EPS. O’Reilly Automotive’s quarterly revenue was up 6.7% on a year-over-year basis. On average, analysts predict that O’Reilly Automotive Inc. will post $10.69 earnings per share for the current year.

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ORLY has been the subject of a number of research analyst reports. Wedbush reissued an “outperform” rating and issued a $310.00 price target on shares of O’Reilly Automotive in a report on Wednesday, November 23rd. Zacks Investment Research downgraded shares of O’Reilly Automotive from a “hold” rating to a “sell” rating in a report on Friday, October 21st. Vetr downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating and set a $300.40 price target for the company. in a report on Monday, August 1st. Deutsche Bank AG cut their price target on shares of O’Reilly Automotive from $315.00 to $275.00 and set a “buy” rating for the company in a report on Friday, October 28th. Finally, Jefferies Group reissued a “buy” rating and issued a $336.00 price target on shares of O’Reilly Automotive in a report on Wednesday, October 19th. Two analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $304.65.

In related news, Director John Raymond Murphy bought 500 shares of O’Reilly Automotive stock in a transaction on Tuesday, November 1st. The shares were purchased at an average price of $263.96 per share, for a total transaction of $131,980.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Randy Johnson sold 1,000 shares of the firm’s stock in a transaction dated Friday, November 25th. The stock was sold at an average price of $277.55, for a total value of $277,550.00. The disclosure for this sale can be found here. Company insiders own 3.37% of the company’s stock.

About O’Reilly Automotive

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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