Two Sigma Advisers LP Increases Stock Holdings in O’Reilly Automotive Inc (NASDAQ:ORLY)

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Two Sigma Advisers LP raised its stake in O’Reilly Automotive Inc (NASDAQ:ORLY) by 454.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 236,900 shares of the specialty retailer’s stock after purchasing an additional 194,200 shares during the period. Two Sigma Advisers LP owned about 0.32% of O’Reilly Automotive worth $99,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Meeder Asset Management Inc. increased its position in O’Reilly Automotive by 85.1% during the first quarter. Meeder Asset Management Inc. now owns 87 shares of the specialty retailer’s stock worth $26,000 after buying an additional 40 shares during the last quarter. Kore Private Wealth LLC raised its position in O’Reilly Automotive by 270.6% in the 2nd quarter. Kore Private Wealth LLC now owns 63 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 46 shares during the last quarter. CX Institutional raised its position in O’Reilly Automotive by 168.0% in the 2nd quarter. CX Institutional now owns 67 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 42 shares during the last quarter. Asset Advisors Investment Management LLC bought a new position in O’Reilly Automotive in the 2nd quarter worth approximately $32,000. Finally, Tarbox Family Office Inc. raised its position in O’Reilly Automotive by 514.3% in the 2nd quarter. Tarbox Family Office Inc. now owns 129 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 108 shares during the last quarter. 81.99% of the stock is currently owned by institutional investors.

In other news, Director John Raymond Murphy sold 250 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $470.47, for a total value of $117,617.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman David E. Oreilly sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $465.06, for a total transaction of $6,975,900.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 74,589 shares of company stock valued at $34,298,608. Company insiders own 2.43% of the company’s stock.

NASDAQ:ORLY traded down $7.49 during mid-day trading on Wednesday, hitting $469.92. 420,756 shares of the stock traded hands, compared to its average volume of 741,815. The company has a quick ratio of 0.25, a current ratio of 0.95 and a debt-to-equity ratio of 7.01. O’Reilly Automotive Inc has a 12-month low of $251.51 and a 12-month high of $487.95. The company has a market cap of $34.80 billion, a PE ratio of 23.04, a price-to-earnings-growth ratio of 1.50 and a beta of 1.08. The business’s 50-day moving average price is $467.76 and its 200 day moving average price is $406.29.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, July 29th. The specialty retailer reported $7.10 EPS for the quarter, topping the Zacks’ consensus estimate of $4.10 by $3.00. O’Reilly Automotive had a net margin of 14.45% and a return on equity of 490.94%. The business had revenue of $3.09 billion during the quarter, compared to analysts’ expectations of $2.60 billion. During the same quarter in the previous year, the company earned $4.51 EPS. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. Analysts anticipate that O’Reilly Automotive Inc will post 21.58 earnings per share for the current fiscal year.

A number of analysts have commented on the stock. William Blair reaffirmed an “outperform” rating on shares of O’Reilly Automotive in a report on Thursday, July 30th. Credit Suisse Group lifted their target price on shares of O’Reilly Automotive from $442.00 to $496.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Raymond James reaffirmed a “hold” rating on shares of O’Reilly Automotive in a report on Thursday, August 6th. JPMorgan Chase & Co. lifted their target price on shares of O’Reilly Automotive from $380.00 to $460.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Finally, Nomura lifted their target price on shares of O’Reilly Automotive from $372.00 to $390.00 in a report on Wednesday, May 20th. Twelve research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. O’Reilly Automotive has a consensus rating of “Buy” and a consensus price target of $453.79.

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

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