Vanguard Personalized Indexing Management LLC Boosts Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Vanguard Personalized Indexing Management LLC grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,392 shares of the specialty retailer’s stock after acquiring an additional 333 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in O’Reilly Automotive were worth $6,750,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Nordea Investment Management AB lifted its holdings in O’Reilly Automotive by 3.8% in the first quarter. Nordea Investment Management AB now owns 60,057 shares of the specialty retailer’s stock valued at $68,327,000 after acquiring an additional 2,214 shares during the period. Bank Pictet & Cie Asia Ltd. purchased a new position in O’Reilly Automotive during the 2nd quarter valued at about $800,000. O Shaughnessy Asset Management LLC raised its position in O’Reilly Automotive by 5.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 14,814 shares of the specialty retailer’s stock worth $16,723,000 after acquiring an additional 701 shares during the last quarter. Perpetual Ltd lifted its holdings in shares of O’Reilly Automotive by 322.6% in the first quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock valued at $1,289,000 after purchasing an additional 871 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of O’Reilly Automotive by 656.2% in the fourth quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock valued at $434,780,000 after purchasing an additional 397,108 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on ORLY. Truist Financial raised their price target on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. DA Davidson raised their price objective on O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Bank of America upped their target price on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. UBS Group reduced their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research report on Thursday, July 18th. Finally, Evercore ISI lifted their price target on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,144.06.

Insider Transactions at O’Reilly Automotive

In related news, Director Gregory D. Johnson sold 15,364 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the sale, the director now directly owns 5,016 shares in the company, valued at approximately $5,698,978.56. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other O’Reilly Automotive news, Director Dana Perlman sold 48 shares of the company’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.48. Following the completion of the transaction, the director now directly owns 1,097 shares of the company’s stock, valued at approximately $1,217,406.72. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Gregory D. Johnson sold 15,364 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total value of $17,455,962.24. Following the sale, the director now owns 5,016 shares of the company’s stock, valued at $5,698,978.56. The disclosure for this sale can be found here. Insiders sold 50,411 shares of company stock valued at $56,846,062 over the last quarter. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Up 0.5 %

ORLY opened at $1,133.19 on Thursday. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11. The company has a 50 day moving average of $1,108.23 and a two-hundred day moving average of $1,071.93. The company has a market cap of $65.74 billion, a P/E ratio of 28.76, a P/E/G ratio of 2.13 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The business had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.32 billion. During the same period last year, the company posted $10.22 earnings per share. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. Research analysts anticipate that O’Reilly Automotive, Inc. will post 41.13 earnings per share for the current year.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.