AMP Capital Investors Ltd boosted its stake in O'Reilly Automotive Inc (NASDAQ:ORLY) by 1.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,693 shares of the specialty retailer’s stock after purchasing an additional 543 shares during the quarter. AMP Capital Investors Ltd’s holdings in O'Reilly Automotive were worth $7,040,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ORLY. Proficio Capital Partners LLC raised its stake in O'Reilly Automotive by 1.0% during the second quarter. Proficio Capital Partners LLC now owns 501 shares of the specialty retailer’s stock worth $105,000 after acquiring an additional 5 shares in the last quarter. First Personal Financial Services raised its stake in O'Reilly Automotive by 3.8% during the second quarter. First Personal Financial Services now owns 1,049 shares of the specialty retailer’s stock worth $230,000 after acquiring an additional 38 shares in the last quarter. Pacer Advisors Inc. raised its stake in O'Reilly Automotive by 1.4% during the second quarter. Pacer Advisors Inc. now owns 3,053 shares of the specialty retailer’s stock worth $668,000 after acquiring an additional 42 shares in the last quarter. Monetary Management Group Inc. raised its stake in O'Reilly Automotive by 16.3% during the second quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock worth $102,000 after acquiring an additional 65 shares in the last quarter. Finally, HPM Partners LLC raised its stake in O'Reilly Automotive by 0.9% during the second quarter. HPM Partners LLC now owns 8,775 shares of the specialty retailer’s stock worth $1,919,000 after acquiring an additional 82 shares in the last quarter. 88.56% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently issued reports on the company. Royal Bank of Canada raised O'Reilly Automotive from a “sector perform” rating to an “outperform” rating in a research note on Wednesday. Moffett Nathanson assumed coverage on O'Reilly Automotive in a research note on Monday, December 4th. They issued a “buy” rating for the company. Citigroup upped their price objective on O'Reilly Automotive from $276.00 to $283.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Robert W. Baird reaffirmed a “hold” rating and issued a $220.00 price objective on shares of O'Reilly Automotive in a research note on Friday, October 27th. Finally, UBS reaffirmed a “buy” rating and issued a $240.00 price objective (up previously from $230.00) on shares of O'Reilly Automotive in a research note on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $243.48.

In related news, Director Paul R. Lederer sold 1,130 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $211.00, for a total value of $238,430.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Randy Johnson sold 1,040 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $215.98, for a total value of $224,619.20. The disclosure for this sale can be found here. Insiders sold 149,945 shares of company stock worth $33,756,392 over the last quarter. 3.12% of the stock is currently owned by company insiders.

Shares of O'Reilly Automotive Inc (ORLY) opened at $245.92 on Thursday. O'Reilly Automotive Inc has a twelve month low of $169.43 and a twelve month high of $286.57. The company has a market capitalization of $20,989.94, a P/E ratio of 21.45, a P/E/G ratio of 1.45 and a beta of 0.84. The company has a quick ratio of 0.10, a current ratio of 0.93 and a debt-to-equity ratio of 4.72.

O'Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.15 by $0.07. O'Reilly Automotive had a return on equity of 93.18% and a net margin of 12.13%. The business had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the prior year, the business posted $2.90 earnings per share. The firm’s revenue was up 5.3% on a year-over-year basis. equities analysts predict that O'Reilly Automotive Inc will post 11.91 EPS for the current fiscal year.

O'Reilly Automotive declared that its board has initiated a share repurchase program on Friday, September 1st that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the specialty retailer to repurchase up to 5.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

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O'Reilly Automotive Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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