FDx Advisors Inc. grew its stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 59.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,857 shares of the specialty retailer’s stock after acquiring an additional 10,398 shares during the quarter. FDx Advisors Inc.’s holdings in O’Reilly Automotive were worth $10,288,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of ORLY. FMR LLC increased its stake in shares of O’Reilly Automotive by 80.9% during the 4th quarter. FMR LLC now owns 1,163,828 shares of the specialty retailer’s stock valued at $400,741,000 after acquiring an additional 520,302 shares during the last quarter. Isthmus Partners LLC acquired a new position in shares of O’Reilly Automotive during the 1st quarter valued at about $6,309,000. Janus Henderson Group PLC increased its stake in shares of O’Reilly Automotive by 73.2% during the 1st quarter. Janus Henderson Group PLC now owns 651,238 shares of the specialty retailer’s stock valued at $252,882,000 after acquiring an additional 275,197 shares during the last quarter. Hexavest Inc. acquired a new position in shares of O’Reilly Automotive during the 1st quarter valued at about $60,860,000. Finally, Geode Capital Management LLC increased its stake in shares of O’Reilly Automotive by 9.9% during the 4th quarter. Geode Capital Management LLC now owns 1,121,559 shares of the specialty retailer’s stock valued at $385,559,000 after acquiring an additional 100,713 shares during the last quarter. 84.99% of the stock is owned by institutional investors.
ORLY has been the subject of a number of research reports. BidaskClub upgraded Xilinx from a “hold” rating to a “buy” rating in a report on Wednesday, July 24th. Zacks Investment Research upgraded Hallmark Financial Services from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a report on Friday, July 19th. Stephens decreased their target price on O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating for the company in a report on Friday, July 26th. Royal Bank of Canada set a $179.00 target price on 3M and gave the stock a “hold” rating in a report on Friday, July 26th. Finally, Wells Fargo & Co boosted their target price on Tractor Supply from $108.00 to $114.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. O’Reilly Automotive has a consensus rating of “Buy” and a consensus price target of $406.67.
Shares of NASDAQ:ORLY traded up $0.66 during trading on Wednesday, reaching $384.01. 126,795 shares of the stock were exchanged, compared to its average volume of 563,323. The firm has a market capitalization of $30.05 billion, a price-to-earnings ratio of 23.85, a price-to-earnings-growth ratio of 1.42 and a beta of 0.74. O’Reilly Automotive Inc has a 12-month low of $301.02 and a 12-month high of $414.63. The company has a 50-day moving average price of $386.15. The company has a debt-to-equity ratio of 37.43, a quick ratio of 0.10 and a current ratio of 0.85.
O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share for the quarter, missing the Zacks’ consensus estimate of $4.67 by ($0.16). The company had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.61 billion. O’Reilly Automotive had a return on equity of 391.89% and a net margin of 13.69%. The firm’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.28 EPS. On average, analysts expect that O’Reilly Automotive Inc will post 17.54 earnings per share for the current fiscal year.
O’Reilly Automotive Profile
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, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.
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