O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,400 shares of the specialty retailer’s stock after purchasing an additional 400 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in O’Reilly Automotive were worth $27,748,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Allworth Financial LP boosted its holdings in shares of O’Reilly Automotive by 23.9% in the third quarter. Allworth Financial LP now owns 566 shares of the specialty retailer’s stock valued at $652,000 after acquiring an additional 109 shares during the period. abrdn plc raised its position in O’Reilly Automotive by 3.7% in the 3rd quarter. abrdn plc now owns 55,813 shares of the specialty retailer’s stock valued at $64,225,000 after purchasing an additional 2,001 shares during the last quarter. China Universal Asset Management Co. Ltd. boosted its stake in O’Reilly Automotive by 107.9% during the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 736 shares of the specialty retailer’s stock worth $848,000 after purchasing an additional 382 shares during the period. Integrated Advisors Network LLC grew its position in O’Reilly Automotive by 32.7% during the 3rd quarter. Integrated Advisors Network LLC now owns 1,679 shares of the specialty retailer’s stock worth $1,934,000 after purchasing an additional 414 shares during the last quarter. Finally, MONECO Advisors LLC increased its stake in O’Reilly Automotive by 5.1% in the third quarter. MONECO Advisors LLC now owns 393 shares of the specialty retailer’s stock valued at $453,000 after purchasing an additional 19 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $1,330.42 on Thursday. The stock has a market cap of $76.81 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 2.34 and a beta of 0.94. The business has a 50 day simple moving average of $1,258.72 and a 200 day simple moving average of $1,206.84. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Upgrades and Downgrades

ORLY has been the subject of several recent research reports. BMO Capital Markets increased their target price on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research note on Monday, February 10th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Wells Fargo & Company boosted their target price on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. Wedbush increased their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Finally, StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus target price of $1,390.81.

Insider Activity

In other news, Chairman Gregory L. Henslee sold 3,073 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the sale, the chairman now owns 11,397 shares of the company’s stock, valued at $14,988,764.55. The trade was a 21.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Andrea Weiss sold 248 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,311.23, for a total transaction of $325,185.04. Following the sale, the director now directly owns 452 shares in the company, valued at $592,675.96. This trade represents a 35.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock worth $10,409,618 over the last three months. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive 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.