Giverny Capital Inc. Has $10.08 Million Stock Holdings in O’Reilly Automotive Inc (NASDAQ:ORLY)

Giverny Capital Inc. lessened its holdings in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 5.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 27,297 shares of the specialty retailer’s stock after selling 1,514 shares during the period. O’Reilly Automotive accounts for 1.0% of Giverny Capital Inc.’s portfolio, making the stock its 22nd largest position. Giverny Capital Inc.’s holdings in O’Reilly Automotive were worth $10,081,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ORLY. McKinley Carter Wealth Services Inc. boosted its position in shares of O’Reilly Automotive by 6.4% during the first quarter. McKinley Carter Wealth Services Inc. now owns 10,250 shares of the specialty retailer’s stock worth $3,980,000 after purchasing an additional 614 shares in the last quarter. Deane Retirement Strategies Inc. boosted its position in shares of O’Reilly Automotive by 1.3% during the second quarter. Deane Retirement Strategies Inc. now owns 5,524 shares of the specialty retailer’s stock worth $2,040,000 after purchasing an additional 73 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of O’Reilly Automotive by 4.9% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 4,582 shares of the specialty retailer’s stock worth $1,779,000 after purchasing an additional 212 shares in the last quarter. Cetera Advisor Networks LLC boosted its position in shares of O’Reilly Automotive by 169.6% during the first quarter. Cetera Advisor Networks LLC now owns 2,122 shares of the specialty retailer’s stock worth $825,000 after purchasing an additional 1,335 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its position in shares of O’Reilly Automotive by 8.2% during the first quarter. Oregon Public Employees Retirement Fund now owns 21,073 shares of the specialty retailer’s stock worth $8,183,000 after purchasing an additional 1,606 shares in the last quarter. 86.79% of the stock is owned by hedge funds and other institutional investors.

ORLY has been the topic of a number of recent analyst reports. Citigroup cut shares of O’Reilly Automotive from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $441.00 to $430.00 in a research report on Friday. Raymond James lifted their price target on shares of O’Reilly Automotive from $435.00 to $460.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 25th. Wells Fargo & Co reissued a “buy” rating and set a $435.00 price target on shares of O’Reilly Automotive in a research report on Tuesday, August 20th. Royal Bank of Canada set a $428.00 price target on shares of O’Reilly Automotive and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Finally, Stephens dropped their price objective on shares of O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating on the stock in a report on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, six have given a buy rating and three have assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $407.57.

In other news, SVP Jason Lee Tarrant sold 651 shares of the business’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $370.69, for a total transaction of $241,319.19. Following the transaction, the senior vice president now directly owns 1,941 shares in the company, valued at approximately $719,509.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Raymond Murphy sold 122 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $385.92, for a total transaction of $47,082.24. The disclosure for this sale can be found here. Insiders sold a total of 1,773 shares of company stock worth $669,481 over the last quarter. Company insiders own 2.52% of the company’s stock.

ORLY stock traded down $3.55 during midday trading on Friday, hitting $390.35. The company’s stock had a trading volume of 8,075 shares, compared to its average volume of 472,190. The company has a debt-to-equity ratio of 37.43, a current ratio of 0.85 and a quick ratio of 0.10. O’Reilly Automotive Inc has a twelve month low of $314.14 and a twelve month high of $414.63. The company’s fifty day moving average price is $382.91 and its 200 day moving average price is $381.33. The stock has a market capitalization of $31.19 billion, a P/E ratio of 24.28, a PEG ratio of 1.64 and a beta of 0.73.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.67 by ($0.16). O’Reilly Automotive had a net margin of 13.69% and a return on equity of 391.89%. The business had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.61 billion. During the same quarter in the previous year, the firm posted $4.28 earnings per share. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. Equities analysts expect that O’Reilly Automotive Inc will post 17.54 EPS for the current fiscal year.

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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