Dimensional Fund Advisors LP Has $163.02 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Dimensional Fund Advisors LP boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 154,366 shares of the specialty retailer’s stock after purchasing an additional 14,071 shares during the period. Dimensional Fund Advisors LP owned 0.26% of O’Reilly Automotive worth $163,022,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ORLY. Rise Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 1st quarter valued at about $36,000. Indiana Trust & Investment Management CO grew its position in shares of O’Reilly Automotive by 325.0% in the 1st quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after buying an additional 26 shares during the last quarter. Riverview Trust Co bought a new stake in shares of O’Reilly Automotive in the 1st quarter valued at about $41,000. Crewe Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 1st quarter valued at about $43,000. Finally, LifeSteps Financial Inc. bought a new stake in shares of O’Reilly Automotive in the 1st quarter valued at about $45,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,109.05 on Friday. The business’s 50 day simple moving average is $1,111.26 and its two-hundred day simple moving average is $1,072.45. The firm has a market cap of $64.34 billion, a P/E ratio of 28.15, a PEG ratio of 2.15 and a beta of 0.92. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). The company had revenue of $4.27 billion during the quarter, compared to analysts’ expectations of $4.32 billion. O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the company earned $10.22 earnings per share. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 41.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on ORLY. Truist Financial upped their price target on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the company a “buy” rating in a research 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 report on Thursday, August 22nd. Wells Fargo & Company upped their target price on O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. DA Davidson upped their target price on O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Finally, Evercore ISI upped their target price on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research 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 data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,144.06.

Insider Transactions at O’Reilly Automotive

In other news, Director Dana Perlman sold 48 shares of the stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total value of $53,268.48. Following the completion of the sale, the director now directly owns 1,097 shares of the company’s stock, valued at $1,217,406.72. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Gregory D. Johnson sold 15,364 shares of the stock in a transaction that occurred on 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 completion of the sale, the director now directly owns 5,016 shares of the company’s stock, valued at $5,698,978.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dana Perlman sold 48 shares of the stock in a transaction that occurred on 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 sale, the director now directly owns 1,097 shares of the company’s stock, valued at $1,217,406.72. The disclosure for this sale can be found here. Insiders sold a total of 50,411 shares of company stock valued at $56,846,062 over the last ninety days. 1.55% of the stock is currently owned by insiders.

About O’Reilly Automotive

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.