Czech National Bank Grows Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Czech National Bank raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,816 shares of the specialty retailer’s stock after acquiring an additional 593 shares during the period. Czech National Bank’s holdings in O’Reilly Automotive were worth $13,607,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer’s stock worth $5,739,462,000 after acquiring an additional 75,837 shares during the last quarter. Principal Financial Group Inc. grew its position in O’Reilly Automotive by 3.2% during the 2nd quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer’s stock worth $1,954,404,000 after acquiring an additional 57,194 shares during the last quarter. Bank of New York Mellon Corp grew its position in O’Reilly Automotive by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer’s stock worth $1,505,649,000 after acquiring an additional 19,211 shares during the last quarter. JPMorgan Chase & Co. grew its position in O’Reilly Automotive by 56.2% during the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock worth $1,180,259,000 after acquiring an additional 376,167 shares during the last quarter. Finally, Legal & General Group Plc grew its position in O’Reilly Automotive by 5.2% during the 2nd quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer’s stock worth $524,629,000 after acquiring an additional 24,767 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 413 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the completion of the transaction, the senior vice president now directly owns 265 shares of the company’s stock, valued at approximately $296,800. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, SVP Mark Joseph Merz sold 413 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the completion of the transaction, the senior vice president now directly owns 265 shares of the company’s stock, valued at approximately $296,800. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman Gregory L. Henslee sold 18,264 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total value of $20,593,573.20. Following the transaction, the chairman now directly owns 13,347 shares of the company’s stock, valued at approximately $15,049,409.85. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 50,411 shares of company stock worth $56,846,062 over the last three months. 1.55% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ORLY has been the topic of a number of recent analyst reports. Bank of America lifted their price objective on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. DA Davidson lifted their price objective on O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Royal Bank of Canada cut their price objective on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research report on Friday, July 26th. Truist Financial lifted their price objective 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. Finally, Wedbush restated a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research report on Thursday, July 25th. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,144.06.

O’Reilly Automotive Stock Performance

Shares of ORLY stock traded up $5.59 during mid-day trading on Friday, hitting $1,154.90. 257,240 shares of the stock were exchanged, compared to its average volume of 382,126. The stock’s fifty day simple moving average is $1,129.45 and its two-hundred day simple moving average is $1,075.99. The stock has a market capitalization of $68.02 billion, a price-to-earnings ratio of 29.31, a P/E/G ratio of 2.18 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11.

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

O’Reilly Automotive Company 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.