Swiss National Bank Reduces Stock Holdings in O'Reilly Automotive, Inc. $ORLY

The Swiss National Bank has reduced its stake in O’Reilly Automotive, Inc. by 5.2% during the third quarter, selling 133,800 shares and now owning 2,464,200 shares worth $265.665 million. Despite this, several other institutional investors increased their positions in the company, and analysts have set various price targets with a consensus rating of “Moderate Buy.” O’Reilly Automotive recently missed analyst EPS estimates but exceeded revenue expectations for its quarterly earnings.