Oregon Public Employees Retirement Fund grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 31.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 96,905 shares of the specialty retailer’s stock after purchasing an additional 23,080 shares during the period. Oregon Public Employees Retirement Fund’s holdings in O’Reilly Automotive were worth $10,447,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the business. Geneos Wealth Management Inc. boosted its position in shares of O’Reilly Automotive by 1.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock worth $953,000 after purchasing an additional 8 shares in the last quarter. SageView Advisory Group LLC increased its position in O’Reilly Automotive by 5.1% during the 1st quarter. SageView Advisory Group LLC now owns 185 shares of the specialty retailer’s stock valued at $265,000 after buying an additional 9 shares in the last quarter. Jacobi Capital Management LLC raised its stake in O’Reilly Automotive by 9.9% in the first quarter. Jacobi Capital Management LLC now owns 223 shares of the specialty retailer’s stock valued at $319,000 after buying an additional 20 shares during the last quarter. Arete Wealth Advisors LLC boosted its holdings in O’Reilly Automotive by 11.9% in the first quarter. Arete Wealth Advisors LLC now owns 198 shares of the specialty retailer’s stock worth $284,000 after acquiring an additional 21 shares in the last quarter. Finally, Advisors Capital Management LLC grew its stake in shares of O’Reilly Automotive by 1.0% during the first quarter. Advisors Capital Management LLC now owns 2,898 shares of the specialty retailer’s stock worth $4,152,000 after acquiring an additional 30 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.
O’Reilly Automotive Trading Up 2.4%
ORLY opened at $93.80 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $79.58 and a 12-month high of $108.71. The firm has a market capitalization of $79.18 billion, a PE ratio of 32.49, a P/E/G ratio of 1.94 and a beta of 0.63. The firm has a 50 day moving average of $95.51 and a two-hundred day moving average of $98.32.
Insider Buying and Selling at O’Reilly Automotive
In other news, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the completion of the transaction, the senior vice president owned 28 shares of the company’s stock, valued at $2,836.68. The trade was a 98.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Philip M. Hopper sold 3,500 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total value of $354,375.00. Following the completion of the sale, the senior vice president owned 4,792 shares in the company, valued at $485,190. The trade was a 42.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 8,980 shares of company stock valued at $882,335. 1.01% of the stock is owned by insiders.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. Morgan Stanley upped their price objective on shares of O’Reilly Automotive from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. UBS Group reissued a “buy” rating and set a $120.00 target price (up previously from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Raymond James Financial upgraded shares of O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price target on the stock in a research note on Wednesday, November 5th. Cowen reiterated a “buy” rating on shares of O’Reilly Automotive in a research note on Monday, September 15th. Finally, Robert W. Baird set a $115.00 price objective on shares of O’Reilly Automotive and gave the company an “outperform” rating in a report on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, O’Reilly Automotive has an average rating of “Buy” and an average price target of $112.05.
Check Out Our Latest Stock Report on O’Reilly Automotive
O’Reilly Automotive 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.
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