Handelsbanken Fonder AB lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 438,295 shares of the specialty retailer’s stock after selling 6,687 shares during the period. Handelsbanken Fonder AB owned approximately 0.05% of O’Reilly Automotive worth $47,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Coastline Trust Co raised its stake in shares of O’Reilly Automotive by 4.0% during the 3rd quarter. Coastline Trust Co now owns 2,622 shares of the specialty retailer’s stock valued at $283,000 after buying an additional 102 shares during the last quarter. IAM Advisory LLC boosted its stake in shares of O’Reilly Automotive by 1.6% in the third quarter. IAM Advisory LLC now owns 7,312 shares of the specialty retailer’s stock worth $788,000 after buying an additional 114 shares during the last quarter. Berkshire Asset Management LLC PA grew its holdings in O’Reilly Automotive by 1.7% during the third quarter. Berkshire Asset Management LLC PA now owns 7,260 shares of the specialty retailer’s stock worth $783,000 after acquiring an additional 120 shares during the period. Lake Street Private Wealth LLC raised its position in O’Reilly Automotive by 2.2% during the third quarter. Lake Street Private Wealth LLC now owns 5,460 shares of the specialty retailer’s stock valued at $589,000 after acquiring an additional 120 shares in the last quarter. Finally, Abound Wealth Management raised its position in O’Reilly Automotive by 9.6% during the third quarter. Abound Wealth Management now owns 1,375 shares of the specialty retailer’s stock valued at $148,000 after acquiring an additional 121 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.
O’Reilly Automotive Stock Up 2.8%
ORLY opened at $93.88 on Friday. The company has a market cap of $79.24 billion, a price-to-earnings ratio of 31.68, a PEG ratio of 2.04 and a beta of 0.62. O’Reilly Automotive, Inc. has a 52-week low of $85.55 and a 52-week high of $108.71. The firm’s fifty day simple moving average is $94.43 and its two-hundred day simple moving average is $98.51.
Analyst Ratings Changes
Several equities research analysts have commented on ORLY shares. UBS Group set a $114.00 price objective on O’Reilly Automotive in a research report on Friday, February 6th. Robert W. Baird cut shares of O’Reilly Automotive from an “outperform” rating to a “neutral” rating and set a $96.00 target price for the company. in a research note on Friday, February 6th. Royal Bank Of Canada set a $109.00 price target on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, February 6th. Roth Mkm reaffirmed a “buy” rating on shares of O’Reilly Automotive in a report on Wednesday, February 4th. Finally, Wolfe Research upgraded shares of O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus price target of $110.26.
Check Out Our Latest Research Report on O’Reilly Automotive
O’Reilly Automotive Company 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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