O’Reilly Automotive, Inc. $ORLY Holdings Decreased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC reduced its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 34.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,531 shares of the specialty retailer’s stock after selling 9,378 shares during the period. Chicago Partners Investment Group LLC’s holdings in O’Reilly Automotive were worth $1,890,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of O’Reilly Automotive by 1,404.9% in the 2nd quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock valued at $7,105,396,000 after purchasing an additional 73,596,571 shares during the period. State Street Corp grew its position in O’Reilly Automotive by 1,424.2% during the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after purchasing an additional 34,740,553 shares in the last quarter. Geode Capital Management LLC increased its stake in O’Reilly Automotive by 1,443.1% in the 2nd quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock valued at $2,130,866,000 after buying an additional 22,144,563 shares during the period. Bank of New York Mellon Corp lifted its position in O’Reilly Automotive by 1,317.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock worth $1,590,894,000 after buying an additional 16,406,181 shares in the last quarter. Finally, Jennison Associates LLC lifted its position in O’Reilly Automotive by 1,820.9% in the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock worth $1,272,363,000 after buying an additional 13,382,074 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. Morgan Stanley set a $110.00 target price on O’Reilly Automotive and gave the company an “overweight” rating in a research note on Thursday, January 15th. The Goldman Sachs Group set a $121.00 target price on O’Reilly Automotive and gave the stock a “buy” rating in a research report on Friday, October 24th. Evercore ISI set a $110.00 price target on O’Reilly Automotive and gave the company an “outperform” rating in a report on Tuesday, December 16th. Finally, Raymond James Financial upgraded O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective on the stock in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $111.80.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Philip M. Hopper sold 3,500 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the transaction, the senior vice president owned 4,792 shares of the company’s stock, valued at $485,190. This trade represents a 42.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director owned 8,125 shares of the company’s stock, valued at $752,375. The trade was a 27.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,980 shares of company stock worth $882,335 over the last 90 days. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

ORLY opened at $98.88 on Friday. The company has a market cap of $83.46 billion, a PE ratio of 34.25, a price-to-earnings-growth ratio of 2.10 and a beta of 0.63. The stock has a 50-day moving average of $95.41 and a 200-day moving average of $98.70. O’Reilly Automotive, Inc. has a 52-week low of $82.62 and a 52-week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business had revenue of $4.71 billion for the quarter, compared to the consensus estimate of $4.69 billion. During the same period last year, the business earned $11.41 EPS. The firm’s revenue was up 7.8% compared to the same quarter last year. On average, research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

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.