Wellington Management Group LLP Has $1.27 Billion Stock Position in O'Reilly Automotive, Inc. $ORLY

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Wellington Management Group LLP significantly reduced its stake in O’Reilly Automotive, Inc. by 49.5% in the third quarter, selling over 11.5 million shares. Despite this reduction, the firm still holds 11.79 million shares valued at approximately $1.27 billion, representing 1.40% of the company. O’Reilly Automotive recently reported a slight earnings per share miss but showed 7.8% year-over-year revenue growth, and analysts currently rate the stock as a “Moderate Buy” with a consensus price target of $110.26.

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