Czech National Bank lifted its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 5.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,816 shares of the specialty retailer's stock after purchasing an additional 593 shares during the quarter. Czech National Bank's holdings in O'Reilly Automotive were worth $13,607,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORLY. Nordea Investment Management AB lifted its holdings in shares of O'Reilly Automotive by 3.8% in the first quarter. Nordea Investment Management AB now owns 60,057 shares of the specialty retailer's stock valued at $68,327,000 after purchasing an additional 2,214 shares in the last quarter. Bank Pictet & Cie Asia Ltd. acquired a new position in O'Reilly Automotive during the second quarter worth $800,000. O Shaughnessy Asset Management LLC lifted its position in 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 buying an additional 701 shares in the last quarter. Perpetual Ltd boosted its stake in shares of O'Reilly Automotive by 322.6% during the 1st quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer's stock worth $1,289,000 after buying an additional 871 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of O'Reilly Automotive by 656.2% in the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer's stock valued at $434,780,000 after acquiring an additional 397,108 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.
O'Reilly Automotive Stock Performance
Shares of NASDAQ ORLY traded up $5.59 during trading hours on Friday, reaching $1,154.90. 257,240 shares of the stock were exchanged, compared to its average volume of 382,126. The firm has a market capitalization of $68.02 billion, a price-to-earnings ratio of 29.31, a P/E/G ratio of 2.18 and a beta of 0.92. The stock's fifty day simple moving average is $1,129.45 and its 200 day simple moving average is $1,075.58. O'Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing analysts' consensus estimates of $10.98 by ($0.43). O'Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The firm had revenue of $4.27 billion for the quarter, compared to analyst estimates of $4.32 billion. During the same period in the prior year, the business posted $10.22 EPS. The firm's quarterly revenue was up 5.0% compared to the same quarter last year. Research analysts predict that O'Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal year.
Insider Activity
In other news, SVP Mark Joseph Merz sold 413 shares of the company's stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the completion of the sale, the senior vice president now directly owns 265 shares in the company, valued at approximately $296,800. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other O'Reilly Automotive news, Chairman Gregory L. Henslee sold 18,264 shares of the business's stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the completion of the transaction, the chairman now directly owns 13,347 shares in the company, valued at $15,049,409.85. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Mark Joseph Merz sold 413 shares of the firm's stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total value of $462,560.00. Following the completion of the sale, the senior vice president now directly owns 265 shares in the company, valued at approximately $296,800. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 50,411 shares of company stock worth $56,846,062. Corporate insiders own 1.55% of the company's stock.
Analysts Set New Price Targets
Several analysts recently issued reports on ORLY shares. Wells Fargo & Company upped their target price on O'Reilly Automotive from $1,200.00 to $1,250.00 and gave the stock an "overweight" rating in a report on Thursday, August 22nd. UBS Group cut their price objective on O'Reilly Automotive from $1,275.00 to $1,250.00 and set a "buy" rating for the company in a report on Thursday, July 18th. Wedbush reissued a "neutral" rating and issued a $1,100.00 target price on shares of O'Reilly Automotive in a research note on Thursday, July 25th. Truist Financial upped their price target on shares of O'Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a "buy" rating in a research report on Friday, July 26th. Finally, DA Davidson lifted their price objective on shares of O'Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a "buy" rating in a research report on Friday, July 26th. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,144.06.
Check Out Our Latest Analysis on ORLY
About O'Reilly Automotive
(
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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