1,157 Shares in O'Reilly Automotive, Inc. (NASDAQ:ORLY) Purchased by ABC Arbitrage SA

ABC Arbitrage SA bought a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,157 shares of the specialty retailer's stock, valued at approximately $1,372,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ORLY. Wellington Management Group LLP lifted its holdings in O'Reilly Automotive by 73.0% in the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer's stock worth $1,986,874,000 after buying an additional 728,040 shares during the period. Geode Capital Management LLC grew its stake in shares of O'Reilly Automotive by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer's stock worth $1,700,513,000 after buying an additional 24,135 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of O'Reilly Automotive by 99,957.0% in the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock worth $984,027,000 after acquiring an additional 853,633 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in O'Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock worth $692,816,000 after buying an additional 133,139 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its holdings in O'Reilly Automotive by 10,626.8% in the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock worth $5,393,000 after buying an additional 482,670 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on ORLY. Royal Bank of Canada increased their target price on O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. Truist Financial boosted their target price on O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. BMO Capital Markets raised their target price on shares of O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an "outperform" rating in a report on Monday, February 10th. Wells Fargo & Company raised their target price on shares of O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an "overweight" rating in a report on Tuesday, January 28th. Finally, BNP Paribas upgraded O'Reilly Automotive to a "strong-buy" rating in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, O'Reilly Automotive currently has an average rating of "Buy" and an average price target of $1,390.81.

O'Reilly Automotive Stock Down 0.0 %

NASDAQ ORLY traded down $0.02 during trading on Wednesday, hitting $1,295.80. 211,277 shares of the stock traded hands, compared to its average volume of 332,795. The company has a market capitalization of $74.81 billion, a P/E ratio of 31.87, a price-to-earnings-growth ratio of 2.35 and a beta of 0.94. The firm has a 50-day simple moving average of $1,251.64 and a 200-day simple moving average of $1,198.92. O'Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,350.27.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $9.73 by $0.23. O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. As a group, research analysts predict that O'Reilly Automotive, Inc. will post 44.01 EPS for the current fiscal year.

Insiders Place Their Bets

In other O'Reilly Automotive news, Director Maria Sastre sold 248 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the transaction, the director now owns 971 shares in the company, valued at $1,278,001.07. The trade was a 20.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Andrea Weiss sold 600 shares of the business's stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now owns 700 shares of the company's stock, valued at $856,849. This trade represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,968 shares of company stock valued at $2,492,394 over the last ninety days. 1.18% of the stock is owned by insiders.

About O'Reilly Automotive

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.