Marshfield Associates grew its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 0.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 304,133 shares of the specialty retailer's stock after acquiring an additional 1,247 shares during the quarter. O'Reilly Automotive accounts for approximately 7.4% of Marshfield Associates' portfolio, making the stock its 4th largest holding. Marshfield Associates owned about 0.53% of O'Reilly Automotive worth $350,240,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of the company. Handelsbanken Fonder AB boosted its holdings in shares of O'Reilly Automotive by 2.5% in the 3rd quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer's stock worth $34,507,000 after buying an additional 727 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of O'Reilly Automotive by 20.8% in the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer's stock worth $21,396,000 after buying an additional 3,193 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of O'Reilly Automotive by 90.5% in the 2nd 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 during the last quarter. CIBC Asset Management Inc boosted its holdings in shares of O'Reilly Automotive by 4.7% in the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer's stock worth $22,568,000 after buying an additional 882 shares during the last quarter. Finally, Public Sector Pension Investment Board boosted its holdings in shares of O'Reilly Automotive by 9.5% in the 2nd quarter. Public Sector Pension Investment Board now owns 10,195 shares of the specialty retailer's stock worth $10,767,000 after buying an additional 883 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts recently weighed in on ORLY shares. Wedbush reissued a "neutral" rating and issued a $1,200.00 price target on shares of O'Reilly Automotive in a report on Thursday, October 24th. Roth Mkm reissued a "buy" rating and issued a $1,337.00 price target on shares of O'Reilly Automotive in a report on Wednesday, October 16th. Morgan Stanley boosted their price objective on O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an "equal weight" rating in a research note on Thursday, October 24th. Evercore ISI boosted their price objective on O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an "outperform" rating in a research note on Tuesday, December 3rd. Finally, JPMorgan Chase & Co. boosted their price objective on O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an "overweight" rating in a research note on Wednesday, October 16th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, O'Reilly Automotive currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,248.06.
Get Our Latest Stock Report on ORLY
O'Reilly Automotive Stock Up 0.9 %
Shares of ORLY stock traded up $11.45 during trading on Tuesday, hitting $1,266.35. The company had a trading volume of 320,533 shares, compared to its average volume of 372,125. The stock's 50-day moving average is $1,204.04 and its two-hundred day moving average is $1,120.87. The stock has a market capitalization of $73.11 billion, a price-to-earnings ratio of 31.33, a price-to-earnings-growth ratio of 2.55 and a beta of 0.93. O'Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,273.59.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm's revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the company posted $10.72 earnings per share. On average, research analysts predict that O'Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.
Insider Buying and Selling
In other O'Reilly Automotive news, Director Andrea Weiss sold 600 shares of the company's stock in a transaction that occurred on Friday, November 22nd. The stock was 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 $856,849. This represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, the senior vice president now directly owns 5 shares of the company's stock, valued at approximately $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is 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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