Oak Thistle LLC lifted its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 135.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,413 shares of the specialty retailer's stock after purchasing an additional 1,389 shares during the period. O'Reilly Automotive accounts for approximately 0.8% of Oak Thistle LLC's holdings, making the stock its 7th largest position. Oak Thistle LLC's holdings in O'Reilly Automotive were worth $2,861,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Wealthspire Advisors LLC grew its stake in O'Reilly Automotive by 2.4% during the second quarter. Wealthspire Advisors LLC now owns 521 shares of the specialty retailer's stock valued at $550,000 after acquiring an additional 12 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of O'Reilly Automotive by 6.0% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 548 shares of the specialty retailer's stock valued at $579,000 after buying an additional 31 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in O'Reilly Automotive by 79.8% during the second quarter. Brown Brothers Harriman & Co. now owns 570 shares of the specialty retailer's stock worth $602,000 after buying an additional 253 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of O'Reilly Automotive by 10.0% during the second quarter. Dimensional Fund Advisors LP now owns 154,366 shares of the specialty retailer's stock valued at $163,022,000 after buying an additional 14,071 shares during the last quarter. Finally, Quantbot Technologies LP lifted its holdings in O'Reilly Automotive by 15.8% during the 2nd quarter. Quantbot Technologies LP now owns 3,885 shares of the specialty retailer's stock valued at $4,103,000 after buying an additional 530 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
ORLY has been the subject of several research reports. TD Cowen upped their price target on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. JPMorgan Chase & Co. upped their price objective on shares of O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an "overweight" rating in a report on Wednesday, October 16th. DA Davidson reiterated a "buy" rating and set a $1,275.00 price target on shares of O'Reilly Automotive in a research report on Thursday, October 24th. Roth Mkm reaffirmed a "buy" rating and set a $1,337.00 price objective on shares of O'Reilly Automotive in a research note on Wednesday, October 16th. Finally, StockNews.com cut shares of O'Reilly Automotive from a "buy" rating to a "hold" rating in a research note on Tuesday. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, O'Reilly Automotive currently has an average rating of "Moderate Buy" and a consensus price target of $1,270.69.
Check Out Our Latest Research Report on ORLY
O'Reilly Automotive Price Performance
NASDAQ ORLY opened at $1,214.93 on Wednesday. The stock's 50 day simple moving average is $1,224.54 and its 200-day simple moving average is $1,158.85. The company has a market cap of $70.14 billion, a PE ratio of 30.06, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94. O'Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,283.96.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion during the quarter, compared to analysts' expectations of $4.42 billion. During the same quarter in the previous year, the business posted $10.72 EPS. The company's revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.
Insider Buying and Selling
In related news, Director Andrea Weiss sold 600 shares of the company's stock in a transaction dated 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 completion of the sale, the director now owns 700 shares of the company's stock, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of O'Reilly Automotive stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by company insiders.
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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