Public Employees Retirement System of Ohio boosted its holdings in O’Reilly Automotive Inc (NASDAQ:ORLY) by 0.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,472 shares of the specialty retailer’s stock after purchasing an additional 382 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.07% of O’Reilly Automotive worth $16,270,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Atlantic Trust LLC boosted its holdings in shares of O’Reilly Automotive by 70.0% in the second quarter. Atlantic Trust LLC now owns 1,433 shares of the specialty retailer’s stock valued at $392,000 after acquiring an additional 590 shares during the period. WINTON GROUP Ltd boosted its holdings in shares of O’Reilly Automotive by 3,816.4% in the second quarter. WINTON GROUP Ltd now owns 39,634 shares of the specialty retailer’s stock valued at $10,843,000 after acquiring an additional 38,622 shares during the period. Verition Fund Management LLC acquired a new stake in shares of O’Reilly Automotive in the second quarter valued at approximately $494,000. Marshfield Associates boosted its holdings in shares of O’Reilly Automotive by 3.5% in the second quarter. Marshfield Associates now owns 238,373 shares of the specialty retailer’s stock valued at $65,212,000 after acquiring an additional 8,044 shares during the period. Finally, Glenmede Trust Co. NA boosted its holdings in shares of O’Reilly Automotive by 690.3% in the second quarter. Glenmede Trust Co. NA now owns 119,594 shares of the specialty retailer’s stock valued at $32,718,000 after acquiring an additional 104,461 shares during the period. 86.00% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ ORLY opened at $344.51 on Friday. The company has a debt-to-equity ratio of 8.45, a current ratio of 0.92 and a quick ratio of 0.11. O’Reilly Automotive Inc has a 1-year low of $190.00 and a 1-year high of $351.65. The firm has a market cap of $27.75 billion, a P/E ratio of 24.59, a P/E/G ratio of 1.38 and a beta of 0.99.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 25th. The specialty retailer reported $4.28 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.04 by $0.24. O’Reilly Automotive had a return on equity of 229.48% and a net margin of 13.42%. The firm had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period last year, the company earned $3.10 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. sell-side analysts predict that O’Reilly Automotive Inc will post 15.91 earnings per share for the current fiscal year.

In related news, Director John Raymond Murphy sold 400 shares of the stock in a transaction on Thursday, August 23rd. The stock was sold at an average price of $331.28, for a total transaction of $132,512.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Brad W. Beckham sold 5,000 shares of the stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of $305.35, for a total value of $1,526,750.00. Following the sale, the executive vice president now directly owns 5,428 shares of the company’s stock, valued at $1,657,439.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 147,181 shares of company stock valued at $46,483,232. Corporate insiders own 3.12% of the company’s stock.

Several research firms have recently weighed in on ORLY. Wells Fargo & Co increased their price objective on O’Reilly Automotive from $295.00 to $320.00 and gave the company an “outperform” rating in a report on Tuesday, June 12th. They noted that the move was a valuation call. Royal Bank of Canada increased their price objective on O’Reilly Automotive to $335.00 and gave the company an “outperform” rating in a report on Friday, July 27th. Oppenheimer increased their price objective on O’Reilly Automotive from $305.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, August 8th. ValuEngine raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Friday, August 3rd. Finally, JPMorgan Chase & Co. increased their price objective on O’Reilly Automotive from $293.00 to $311.00 and gave the company a “neutral” rating in a report on Friday, July 27th. Eight analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $327.44.

About O’Reilly Automotive

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

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

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