CWA Asset Management Group LLC acquired a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 5,393 shares of the specialty retailer's stock, valued at approximately $6,210,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank Pictet & Cie Asia Ltd. purchased a new stake in shares of O'Reilly Automotive in the second quarter valued at $800,000. Handelsbanken Fonder AB boosted its stake in shares of O'Reilly Automotive by 2.5% during the 3rd quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer's stock worth $34,507,000 after purchasing an additional 727 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of O'Reilly Automotive by 5.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,814 shares of the specialty retailer's stock worth $16,723,000 after purchasing an additional 701 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of O'Reilly Automotive by 90.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,638 shares of the specialty retailer's stock worth $15,458,000 after buying an additional 6,954 shares in the last quarter. Finally, Marshfield Associates raised its position in shares of O'Reilly Automotive by 0.6% in the second quarter. Marshfield Associates now owns 302,886 shares of the specialty retailer's stock valued at $319,866,000 after buying an additional 1,718 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.
Insider Buying and Selling at O'Reilly Automotive
In related news, Chairman David E. Oreilly sold 1,000 shares of O'Reilly Automotive stock in a transaction on Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the completion of the sale, the chairman now owns 183,583 shares in the company, valued at approximately $205,407,347.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other O'Reilly Automotive news, Chairman David E. Oreilly sold 1,000 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the transaction, the chairman now owns 183,583 shares of the company's stock, valued at $205,407,347.04. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Lawrence P. Oreilly sold 13,765 shares of the business's stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the completion of the sale, the director now owns 141,589 shares of the company's stock, valued at $158,511,717.28. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 16,322 shares of company stock valued at $18,280,698 in the last three months. Corporate insiders own 1.55% of the company's stock.
O'Reilly Automotive Stock Up 0.3 %
Shares of NASDAQ ORLY traded up $3.19 on Friday, hitting $1,217.70. The company had a trading volume of 313,310 shares, compared to its average volume of 333,266. O'Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,239.65. The firm has a market capitalization of $70.64 billion, a P/E ratio of 30.13, a PEG ratio of 2.51 and a beta of 0.92. The business has a 50 day moving average of $1,161.22 and a two-hundred day moving average of $1,088.58.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion for the quarter, compared to analysts' expectations of $4.42 billion. During the same period last year, the firm earned $10.72 EPS. The business's quarterly revenue was up 3.8% on a year-over-year basis. On average, sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 40.82 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research firms have commented on ORLY. Roth Mkm reaffirmed a "buy" rating and issued a $1,337.00 target price on shares of O'Reilly Automotive in a research note on Wednesday, October 16th. Morgan Stanley increased their target price on O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 24th. Roth Capital upgraded O'Reilly Automotive to a "strong-buy" rating in a report on Tuesday, October 15th. Truist Financial increased their price objective on shares of O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Finally, DA Davidson reissued a "buy" rating and issued a $1,275.00 target price on shares of O'Reilly Automotive in a research report on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, O'Reilly Automotive presently has an average rating of "Moderate Buy" and a consensus target price of $1,242.13.
View Our Latest Report on ORLY
O'Reilly Automotive Company Profile
(
Free Report)
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.
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