State of Wisconsin Investment Board raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.8% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 234,406 shares of the specialty retailer’s stock after buying an additional 16,970 shares during the period. State of Wisconsin Investment Board owned 0.27% of O’Reilly Automotive worth $51,274,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Wrapmanager Inc. boosted its stake in O’Reilly Automotive by 37.9% in the second quarter. Wrapmanager Inc. now owns 1,714 shares of the specialty retailer’s stock valued at $375,000 after buying an additional 471 shares during the period. Dupont Capital Management Corp acquired a new stake in O’Reilly Automotive during the second quarter valued at about $1,258,000. UMB Bank N A MO boosted its stake in O’Reilly Automotive by 21.5% in the second quarter. UMB Bank N A MO now owns 34,437 shares of the specialty retailer’s stock valued at $7,533,000 after buying an additional 6,093 shares during the period. IFC Holdings Incorporated FL boosted its stake in O’Reilly Automotive by 34.0% in the second quarter. IFC Holdings Incorporated FL now owns 2,427 shares of the specialty retailer’s stock valued at $533,000 after buying an additional 616 shares during the period. Finally, Montag & Caldwell LLC boosted its stake in O’Reilly Automotive by 40.5% in the second quarter. Montag & Caldwell LLC now owns 2,086 shares of the specialty retailer’s stock valued at $456,000 after buying an additional 601 shares during the period. 94.39% of the stock is owned by institutional investors.

O’Reilly Automotive, Inc. (NASDAQ:ORLY) opened at 198.44 on Tuesday. The company has a 50-day moving average price of $196.40 and a 200-day moving average price of $241.34. The stock has a market capitalization of $17.47 billion, a price-to-earnings ratio of 17.38 and a beta of 0.74. O’Reilly Automotive, Inc. has a 12-month low of $169.43 and a 12-month high of $288.67.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 26th. The specialty retailer reported $3.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.90 by $0.20. O’Reilly Automotive had a return on equity of 72.22% and a net margin of 12.23%. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the firm earned $2.65 EPS. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, equities research analysts forecast that O’Reilly Automotive, Inc. will post $11.87 earnings per share for the current year.

O’Reilly Automotive announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, May 10th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the specialty retailer to repurchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

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Several equities research analysts have issued reports on the company. Oppenheimer Holdings, Inc. reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Wednesday, August 9th. BidaskClub raised O’Reilly Automotive from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Credit Suisse Group set a $195.00 target price on O’Reilly Automotive and gave the stock a “hold” rating in a research note on Thursday, July 27th. Wedbush restated a “neutral” rating and set a $195.00 price target on shares of O’Reilly Automotive in a research report on Thursday, July 27th. Finally, UBS AG restated a “buy” rating and set a $230.00 price target (down from $255.00) on shares of O’Reilly Automotive in a research report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $242.80.

In related news, SVP Randy Johnson sold 1,040 shares of the stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $218.74, for a total value of $227,489.60. Following the completion of the sale, the senior vice president now directly owns 9,224 shares in the company, valued at approximately $2,017,657.76. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman David E. Oreilly sold 25,000 shares of the stock in a transaction on Friday, May 19th. The shares were sold at an average price of $250.56, for a total value of $6,264,000.00. Following the completion of the sale, the chairman now owns 145,568 shares of the company’s stock, valued at $36,473,518.08. The disclosure for this sale can be found here. Over the last quarter, insiders sold 32,080 shares of company stock valued at $7,754,807. 3.12% of the stock is owned by insiders.

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 sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s 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, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

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

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