National Pension Service increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,090,265 shares of the specialty retailer’s stock after acquiring an additional 34,709 shares during the quarter. National Pension Service’s holdings in O’Reilly Automotive were worth $225,351,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the company. Sivia Capital Partners LLC grew its holdings in shares of O’Reilly Automotive by 1,190.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer’s stock valued at $319,000 after buying an additional 3,262 shares during the period. Naples Global Advisors LLC raised its stake in O’Reilly Automotive by 1,302.0% during the 2nd quarter. Naples Global Advisors LLC now owns 4,290 shares of the specialty retailer’s stock worth $387,000 after buying an additional 3,984 shares during the period. Patriot Financial Group Insurance Agency LLC bought a new position in O’Reilly Automotive during the second quarter worth about $205,000. Mirae Asset Global Investments Co. Ltd. grew its stake in O’Reilly Automotive by 1,487.0% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 339,334 shares of the specialty retailer’s stock valued at $30,584,000 after acquiring an additional 317,952 shares during the period. Finally, Triad Wealth Partners LLC grew its stake in O’Reilly Automotive by 1,510.2% in the second quarter. Triad Wealth Partners LLC now owns 5,040 shares of the specialty retailer’s stock valued at $454,000 after acquiring an additional 4,727 shares during the period. Institutional investors own 85.00% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on ORLY shares. Mizuho set a $112.00 price target on O’Reilly Automotive in a research report on Monday, October 20th. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Wednesday. Truist Financial set a $109.00 price target on shares of O’Reilly Automotive in a report on Friday, October 24th. Wolfe Research raised shares of O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd. Finally, Barclays set a $91.00 price objective on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a research report on Monday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $111.85.
O’Reilly Automotive Trading Down 0.4%
O’Reilly Automotive stock opened at $98.41 on Friday. O’Reilly Automotive, Inc. has a 1-year low of $85.55 and a 1-year high of $108.71. The company has a fifty day simple moving average of $95.49 and a 200 day simple moving average of $99.06. The company has a market cap of $83.07 billion, a P/E ratio of 34.09, a price-to-earnings-growth ratio of 2.10 and a beta of 0.63.
Insider Activity
In related news, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total transaction of $238,585.05. Following the sale, the senior vice president owned 28 shares in the company, valued at approximately $2,836.68. This represents a 98.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the transaction, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. This represents a 27.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 8,980 shares of company stock worth $882,335 in the last quarter. Corporate insiders own 1.01% of the company’s stock.
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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