Danske Bank A S bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 376,228 shares of the specialty retailer’s stock, valued at approximately $40,561,000.
A number of other institutional investors have also recently made changes to their positions in ORLY. Brant Point Investment Management LLC raised its stake in O’Reilly Automotive by 1,244.7% during the second quarter. Brant Point Investment Management LLC now owns 149,520 shares of the specialty retailer’s stock worth $13,476,000 after buying an additional 138,401 shares during the last quarter. Bank of Nova Scotia boosted its position in O’Reilly Automotive by 7,192.8% during the second quarter. Bank of Nova Scotia now owns 454,781 shares of the specialty retailer’s stock valued at $40,989,000 after acquiring an additional 448,545 shares during the last quarter. Vestmark Advisory Solutions Inc. boosted its position in O’Reilly Automotive by 34.0% during the third quarter. Vestmark Advisory Solutions Inc. now owns 51,657 shares of the specialty retailer’s stock valued at $5,569,000 after acquiring an additional 13,100 shares during the last quarter. SVB Wealth LLC grew its holdings in O’Reilly Automotive by 1,094.1% during the 2nd quarter. SVB Wealth LLC now owns 18,090 shares of the specialty retailer’s stock worth $1,630,000 after acquiring an additional 16,575 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of O’Reilly Automotive by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 79,271,530 shares of the specialty retailer’s stock worth $8,546,264,000 after acquiring an additional 436,563 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Stock Performance
Shares of NASDAQ:ORLY opened at $87.72 on Thursday. O’Reilly Automotive, Inc. has a 52-week low of $86.79 and a 52-week high of $108.71. The business’s 50 day simple moving average is $94.81 and its two-hundred day simple moving average is $97.58. The firm has a market cap of $73.55 billion, a P/E ratio of 29.60, a PEG ratio of 1.99 and a beta of 0.63.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the company. Roth Mkm reissued a “buy” rating on shares of O’Reilly Automotive in a research note on Wednesday, February 4th. UBS Group set a $114.00 target price on O’Reilly Automotive in a report on Friday, February 6th. Mizuho set a $105.00 price target on O’Reilly Automotive and gave the company an “outperform” rating in a research note on Friday, February 6th. Truist Financial set a $107.00 price target on O’Reilly Automotive and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $110.26.
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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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