O’Reilly Automotive, Inc. $ORLY Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 41.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 145,026 shares of the specialty retailer’s stock after buying an additional 42,706 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in O’Reilly Automotive were worth $15,318,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in O’Reilly Automotive by 1,404.9% during the 2nd quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock valued at $7,105,396,000 after acquiring an additional 73,596,571 shares during the last quarter. State Street Corp raised its stake in shares of O’Reilly Automotive by 1,424.2% in the 2nd quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after purchasing an additional 34,740,553 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of O’Reilly Automotive by 1,443.1% during the second quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock worth $2,130,866,000 after purchasing an additional 22,144,563 shares during the last quarter. Bank of New York Mellon Corp grew its stake in O’Reilly Automotive by 1,317.8% in the second quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock worth $1,590,894,000 after purchasing an additional 16,406,181 shares in the last quarter. Finally, Jennison Associates LLC increased its holdings in O’Reilly Automotive by 1,820.9% in the second quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock valued at $1,272,363,000 after buying an additional 13,382,074 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

ORLY has been the topic of a number of research analyst reports. Royal Bank Of Canada set a $110.00 target price on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday, October 24th. Morgan Stanley set a $110.00 price objective on O’Reilly Automotive and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Mizuho set a $112.00 target price on shares of O’Reilly Automotive in a research note on Monday, October 20th. UBS Group restated a “buy” rating and issued a $120.00 price target (up from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Finally, Truist Financial set a $109.00 price objective on shares of O’Reilly Automotive in a research report on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $111.80.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the transaction, the senior vice president owned 28 shares in the company, valued at approximately $2,836.68. The trade was a 98.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares of the company’s stock, valued at $752,375. The trade was a 27.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 8,980 shares of company stock worth $882,335. Company insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock opened at $98.85 on Friday. O’Reilly Automotive, Inc. has a one year low of $85.55 and a one year high of $108.71. The company has a 50-day simple moving average of $95.53 and a 200-day simple moving average of $98.97. The firm has a market capitalization of $83.44 billion, a P/E ratio of 34.24, a P/E/G ratio of 2.15 and a beta of 0.63.

About O’Reilly Automotive

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.