Profund Advisors LLC grew its holdings in O’Reilly Automotive Inc (NASDAQ:ORLY) by 11.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,144 shares of the specialty retailer’s stock after purchasing an additional 753 shares during the period. Profund Advisors LLC’s holdings in O’Reilly Automotive were worth $2,638,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in ORLY. World Asset Management Inc lifted its position in O’Reilly Automotive by 0.4% during the 2nd quarter. World Asset Management Inc now owns 5,826 shares of the specialty retailer’s stock worth $2,152,000 after acquiring an additional 26 shares during the period. North American Management Corp increased its holdings in shares of O’Reilly Automotive by 4.6% in the second quarter. North American Management Corp now owns 614 shares of the specialty retailer’s stock valued at $227,000 after purchasing an additional 27 shares in the last quarter. Hotaling Investment Management LLC increased its holdings in shares of O’Reilly Automotive by 0.6% in the second quarter. Hotaling Investment Management LLC now owns 5,150 shares of the specialty retailer’s stock valued at $1,902,000 after purchasing an additional 32 shares in the last quarter. Squar Milner Financial Services LLC increased its holdings in shares of O’Reilly Automotive by 80.5% in the second quarter. Squar Milner Financial Services LLC now owns 74 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 33 shares in the last quarter. Finally, Shine Investment Advisory Services Inc. increased its holdings in shares of O’Reilly Automotive by 65.4% in the second quarter. Shine Investment Advisory Services Inc. now owns 86 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 34 shares in the last quarter. Institutional investors and hedge funds own 86.79% of the company’s stock.

ORLY has been the subject of a number of research reports. Goldman Sachs Group initiated coverage on shares of O’Reilly Automotive in a report on Thursday, July 11th. They issued a “buy” rating and a $440.00 price target for the company. Royal Bank of Canada set a $428.00 price target on shares of O’Reilly Automotive and gave the company a “buy” rating in a report on Wednesday, August 7th. Northcoast Research lowered shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating in a report on Thursday, June 27th. Wells Fargo & Co reaffirmed a “buy” rating and issued a $435.00 price objective on shares of O’Reilly Automotive in a research note on Tuesday, August 20th. Finally, Citigroup cut shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $441.00 to $430.00 in a research note on Friday. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have assigned a buy rating and three have given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $407.57.

In other news, Director Jay D. Burchfield sold 1,000 shares of O’Reilly Automotive stock in a transaction on Friday, August 16th. The shares were sold at an average price of $381.08, for a total transaction of $381,080.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director John Raymond Murphy sold 122 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $385.92, for a total transaction of $47,082.24. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,773 shares of company stock worth $669,481. Insiders own 2.52% of the company’s stock.

ORLY stock traded down $1.81 during midday trading on Friday, reaching $392.09. The company’s stock had a trading volume of 239,926 shares, compared to its average volume of 472,190. O’Reilly Automotive Inc has a 52 week low of $314.14 and a 52 week high of $414.63. The stock has a market cap of $31.19 billion, a PE ratio of 24.35, a price-to-earnings-growth ratio of 1.64 and a beta of 0.73. The company has a quick ratio of 0.10, a current ratio of 0.85 and a debt-to-equity ratio of 37.43. The business’s 50-day simple moving average is $382.91 and its 200-day simple moving average is $381.33.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.67 by ($0.16). O’Reilly Automotive had a net margin of 13.69% and a return on equity of 391.89%. The business had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.61 billion. During the same period in the previous year, the business posted $4.28 earnings per share. O’Reilly Automotive’s revenue was up 5.4% compared to the same quarter last year. As a group, equities analysts forecast that O’Reilly Automotive Inc will post 17.54 earnings per share for the current fiscal year.

About O’Reilly Automotive

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.

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

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