Mogy Joel R Investment Counsel Inc. Has $24.02 Million Stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Mogy Joel R Investment Counsel Inc. grew its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 20.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 16,766 shares of the specialty retailer's stock after purchasing an additional 2,801 shares during the quarter. O'Reilly Automotive accounts for 1.5% of Mogy Joel R Investment Counsel Inc.'s portfolio, making the stock its 22nd largest position. Mogy Joel R Investment Counsel Inc.'s holdings in O'Reilly Automotive were worth $24,019,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of O'Reilly Automotive by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 5,163,271 shares of the specialty retailer's stock valued at $6,122,607,000 after acquiring an additional 17,325 shares in the last quarter. GAMMA Investing LLC lifted its position in O'Reilly Automotive by 175,115.6% in the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock worth $2,610,507,000 after buying an additional 1,821,202 shares in the last quarter. FMR LLC boosted its stake in shares of O'Reilly Automotive by 0.8% during the 4th quarter. FMR LLC now owns 1,443,540 shares of the specialty retailer's stock valued at $1,711,750,000 after buying an additional 11,039 shares during the period. Invesco Ltd. grew its holdings in shares of O'Reilly Automotive by 6.2% during the 4th quarter. Invesco Ltd. now owns 799,848 shares of the specialty retailer's stock valued at $948,460,000 after acquiring an additional 46,979 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of O'Reilly Automotive in the fourth quarter worth $867,190,000. 85.00% of the stock is owned by institutional investors and hedge funds.

O'Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY traded down $1.22 during midday trading on Friday, hitting $89.83. The company's stock had a trading volume of 2,882,605 shares, compared to its average volume of 5,607,362. The stock's 50 day simple moving average is $91.33 and its 200 day simple moving average is $87.75. The stock has a market capitalization of $5.12 billion, a price-to-earnings ratio of 2.21, a PEG ratio of 2.34 and a beta of 0.60. O'Reilly Automotive, Inc. has a fifty-two week low of $65.92 and a fifty-two week high of $97.22.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, April 23rd. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by ($0.04). O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. The business had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.18 billion. During the same period last year, the business earned $0.61 EPS. The business's quarterly revenue was up 4.0% compared to the same quarter last year. As a group, analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ORLY shares. Morgan Stanley reissued an "overweight" rating on shares of O'Reilly Automotive in a research report on Thursday, April 24th. Guggenheim reiterated a "buy" rating and set a $98.33 price target on shares of O'Reilly Automotive in a report on Monday, March 10th. UBS Group increased their price objective on O'Reilly Automotive from $102.33 to $105.33 and gave the stock a "buy" rating in a report on Thursday, April 24th. Mizuho lifted their target price on shares of O'Reilly Automotive from $93.33 to $96.33 and gave the company an "outperform" rating in a research note on Friday, April 25th. Finally, BMO Capital Markets increased their price target on shares of O'Reilly Automotive from $96.67 to $100.00 and gave the stock an "outperform" rating in a research note on Friday, April 25th. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $94.30.

Insider Activity at O'Reilly Automotive

In other news, SVP Najera Jose A. Montellano sold 285 shares of the company's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $90.13, for a total value of $25,686.29. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Ramon Parises Odems sold 30,000 shares of O'Reilly Automotive stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $90.70, for a total transaction of $2,720,900.00. Following the transaction, the senior vice president now directly owns 240 shares of the company's stock, valued at $21,767.20. This represents a 99.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,285 shares of company stock worth $3,022,386. Company insiders own 1.01% 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.