Mutual of America Capital Management LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,365.2% during the second quarter, Holdings Channel reports. The institutional investor owned 98,020 shares of the specialty retailer’s stock after acquiring an additional 91,330 shares during the quarter. Mutual of America Capital Management LLC’s holdings in O’Reilly Automotive were worth $8,835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently bought and sold shares of the company. Bank of Jackson Hole Trust acquired a new stake in O’Reilly Automotive during the first quarter worth $25,000. HWG Holdings LP acquired a new stake in O’Reilly Automotive during the first quarter worth $26,000. Oakworth Capital Inc. boosted its stake in O’Reilly Automotive by 1,257.1% during the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after buying an additional 264 shares in the last quarter. HighMark Wealth Management LLC boosted its stake in O’Reilly Automotive by 1,400.0% during the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after buying an additional 280 shares in the last quarter. Finally, ORG Partners LLC boosted its stake in O’Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after buying an additional 277 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.
O’Reilly Automotive Trading Up 0.4%
O’Reilly Automotive stock opened at $101.60 on Monday. O’Reilly Automotive, Inc. has a 1 year low of $76.22 and a 1 year high of $108.71. The company has a market cap of $86.21 billion, a PE ratio of 36.32, a PEG ratio of 2.68 and a beta of 0.60. The company’s 50-day moving average is $103.82 and its two-hundred day moving average is $96.36.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on the stock. Citigroup boosted their target price on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Guggenheim upped their price target on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. JPMorgan Chase & Co. upped their price target on shares of O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. DA Davidson upped their price target on shares of O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Finally, BMO Capital Markets upped their price target on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $109.12.
Get Our Latest Analysis on O’Reilly Automotive
Insider Buying and Selling
In other news, Director Maria Sastre sold 595 shares of the company’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total value of $60,874.45. Following the completion of the sale, the director directly owned 15,935 shares of the company’s stock, valued at $1,630,309.85. This represents a 3.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Mark Joseph Merz sold 5,050 shares of the company’s stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total value of $500,303.50. Following the completion of the sale, the senior vice president directly owned 2,876 shares of the company’s stock, valued at approximately $284,925.32. This trade represents a 63.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 125,635 shares of company stock valued at $12,740,916. Insiders own 1.01% of the company’s stock.
O’Reilly Automotive Company 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.
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