Pendal Group Ltd lifted its stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 18.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 171,642 shares of the specialty retailer’s stock after purchasing an additional 26,279 shares during the quarter. Pendal Group Ltd owned about 0.22% of O’Reilly Automotive worth $56,249,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Westpac Banking Corp raised its stake in shares of O’Reilly Automotive by 5.1% in the second quarter. Westpac Banking Corp now owns 22,867 shares of the specialty retailer’s stock valued at $8,445,000 after acquiring an additional 1,100 shares during the last quarter. Wedbush Securities Inc. raised its position in O’Reilly Automotive by 164.0% in the 2nd quarter. Wedbush Securities Inc. now owns 1,634 shares of the specialty retailer’s stock worth $603,000 after purchasing an additional 1,015 shares during the last quarter. Stevens Capital Management LP raised its position in O’Reilly Automotive by 792.2% in the 2nd quarter. Stevens Capital Management LP now owns 26,856 shares of the specialty retailer’s stock worth $9,918,000 after purchasing an additional 23,846 shares during the last quarter. CWM LLC raised its position in O’Reilly Automotive by 21.3% in the 2nd quarter. CWM LLC now owns 713 shares of the specialty retailer’s stock worth $263,000 after purchasing an additional 125 shares during the last quarter. Finally, FUKOKU MUTUAL LIFE INSURANCE Co raised its position in O’Reilly Automotive by 255.8% in the 2nd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,530 shares of the specialty retailer’s stock worth $565,000 after purchasing an additional 1,100 shares during the last quarter. Institutional investors and hedge funds own 85.49% of the company’s stock.

In related news, Director John Raymond Murphy sold 528 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $361.05, for a total value of $190,634.40. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Jeffrey Alan Lauro purchased 150 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was bought at an average price of $368.33 per share, for a total transaction of $55,249.50. Following the purchase, the senior vice president now owns 422 shares in the company, valued at approximately $155,435.26. The disclosure for this purchase can be found here. 2.52% of the stock is currently owned by corporate insiders.

Several research analysts recently weighed in on ORLY shares. ValuEngine cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Zacks Investment Research lowered shares of O’Reilly Automotive from a “hold” rating to a “sell” rating and set a $427.00 target price for the company. in a report on Friday, July 19th. Northcoast Research lowered shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating in a report on Thursday, June 27th. Stephens lowered their target price on shares of O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating for the company in a report on Friday, July 26th. Finally, Royal Bank of Canada set a $428.00 target price on shares of O’Reilly Automotive and gave the stock a “buy” rating in a report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. O’Reilly Automotive has a consensus rating of “Buy” and a consensus price target of $410.00.

Shares of ORLY stock traded up $2.45 on Tuesday, reaching $373.29. The stock had a trading volume of 41,508 shares, compared to its average volume of 670,082. 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 stock’s 50-day moving average price is $384.04. The stock has a market capitalization of $29.66 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 1.53 and a beta of 0.73. O’Reilly Automotive Inc has a 12 month low of $314.08 and a 12 month high of $414.63.

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

O’Reilly Automotive Profile

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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