Arrowstreet Capital Limited Partnership raised its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 21.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,241,385 shares of the specialty retailer’s stock after acquiring an additional 1,290,579 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.85% of O’Reilly Automotive worth $780,694,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of ORLY. Nemes Rush Group LLC raised its position in shares of O’Reilly Automotive by 1,400.0% during the 2nd quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock worth $28,000 after buying an additional 294 shares in the last quarter. True Wealth Design LLC raised its stake in shares of O’Reilly Automotive by 127.7% in the 3rd quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock worth $29,000 after buying an additional 152 shares in the last quarter. Bell Investment Advisors Inc lifted its holdings in shares of O’Reilly Automotive by 1,400.0% in the second quarter. Bell Investment Advisors Inc now owns 345 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 322 shares during the period. IAG Wealth Partners LLC bought a new position in O’Reilly Automotive during the third quarter valued at about $31,000. Finally, Westfuller Advisors LLC bought a new position in O’Reilly Automotive during the third quarter valued at about $32,000. Institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Price Performance
NASDAQ ORLY opened at $92.98 on Friday. The company has a 50 day simple moving average of $94.87 and a 200-day simple moving average of $98.01. The firm has a market capitalization of $77.96 billion, a price-to-earnings ratio of 31.38, a price-to-earnings-growth ratio of 2.10 and a beta of 0.63. O’Reilly Automotive, Inc. has a 52-week low of $85.55 and a 52-week high of $108.71.
Analyst Upgrades and Downgrades
ORLY has been the topic of several research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Wednesday, January 28th. 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. Roth Mkm reiterated a “buy” rating on shares of O’Reilly Automotive in a report on Wednesday, February 4th. Royal Bank Of Canada set a $109.00 target price on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research note on Friday, February 6th. Finally, Evercore restated an “outperform” rating on shares of O’Reilly Automotive in a report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus price target of $110.26.
Read Our Latest Stock Analysis on ORLY
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.
Featured Stories
- Five stocks we like better than O’Reilly Automotive
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
- Silver paying 20% dividend. Plus 68% share gains
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.
