O'Reilly Automotive Gains Institutional Support Amid Analyst Praise
Flputnam Investment Management Co., a financial institution, has increased its holdings in O'Reilly Automotive (NASDAQ:ORLY) shares by 44.5% in the second quarter. This growth is evident from the company's latest SEC filing, which reveals that Flputnam now owns 274,816 shares of O'Reilly Automotive stock.
The value of Flputnam's holdings in O'Reilly Automotive stands at $25,308,000 as per its most recent SEC filing. Besides Flputnam, other institutional investors and hedge funds have also made changes to their positions in the company.
For instance, Swiss National Bank has lifted its position in O'Reilly Automotive by 6.5% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in the company by 6.6% in the fourth quarter. The institutional ownership of O'Reilly Automotive stands at a significant 85.00%.