Robeco Institutional Asset Management B.V. grew its stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 10.4% in the second quarter, Holdings Channel reports. The fund owned 9,400 shares of the specialty retailer’s stock after buying an additional 884 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in O’Reilly Automotive were worth $2,572,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Bank of Montreal Can lifted its position in shares of O’Reilly Automotive by 9.3% during the 2nd quarter. Bank of Montreal Can now owns 108,302 shares of the specialty retailer’s stock valued at $29,628,000 after acquiring an additional 9,185 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of O’Reilly Automotive by 503.8% during the 2nd quarter. Victory Capital Management Inc. now owns 48,592 shares of the specialty retailer’s stock valued at $13,293,000 after acquiring an additional 40,544 shares during the last quarter. Meritage Portfolio Management acquired a new stake in shares of O’Reilly Automotive during the 2nd quarter valued at $6,070,000. Horrell Capital Management Inc. lifted its position in shares of O’Reilly Automotive by 4.1% during the 2nd quarter. Horrell Capital Management Inc. now owns 21,449 shares of the specialty retailer’s stock valued at $5,868,000 after acquiring an additional 844 shares during the last quarter. Finally, First Republic Investment Management Inc. lifted its position in shares of O’Reilly Automotive by 4.3% during the 1st quarter. First Republic Investment Management Inc. now owns 14,516 shares of the specialty retailer’s stock valued at $3,591,000 after acquiring an additional 602 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

In other news, Director Lawrence P. Oreilly sold 19,250 shares of the company’s stock in a transaction on Wednesday, June 20th. The shares were sold at an average price of $284.18, for a total value of $5,470,465.00. Following the transaction, the director now directly owns 136,740 shares of the company’s stock, valued at $38,858,773.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Scott E. Kraus sold 5,000 shares of the company’s stock in a transaction on Thursday, June 7th. The stock was sold at an average price of $285.04, for a total transaction of $1,425,200.00. Following the completion of the transaction, the senior vice president now directly owns 6,475 shares in the company, valued at $1,845,634. The disclosure for this sale can be found here. Over the last three months, insiders have sold 214,866 shares of company stock worth $64,136,257. Company insiders own 3.07% of the company’s stock.

Shares of NASDAQ:ORLY opened at $330.11 on Tuesday. The company has a debt-to-equity ratio of 8.45, a quick ratio of 0.11 and a current ratio of 0.92. O’Reilly Automotive Inc has a 12-month low of $190.00 and a 12-month high of $332.27. The firm has a market cap of $26.58 billion, a price-to-earnings ratio of 23.55, a PEG ratio of 1.32 and a beta of 0.96.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 25th. The specialty retailer reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.04 by $0.24. O’Reilly Automotive had a net margin of 13.42% and a return on equity of 229.48%. The company had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the business earned $3.10 EPS. The company’s revenue was up 7.2% on a year-over-year basis. sell-side analysts forecast that O’Reilly Automotive Inc will post 15.9 earnings per share for the current fiscal year.

A number of equities research analysts have recently commented on the company. Zacks Investment Research downgraded O’Reilly Automotive from a “hold” rating to a “sell” rating in a research report on Tuesday, July 10th. ValuEngine upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Friday, August 3rd. Royal Bank of Canada increased their price objective on O’Reilly Automotive to $319.00 and gave the company an “outperform” rating in a research report on Thursday, July 12th. Wells Fargo & Co reissued a “buy” rating and set a $320.00 target price on shares of O’Reilly Automotive in a research note on Thursday, July 19th. Finally, Moffett Nathanson downgraded shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating in a research note on Monday, June 25th. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $318.69.

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.

Featured Story: What does RSI mean?

Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive Inc (NASDAQ:ORLY).

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

Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.