O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC trimmed its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 21.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 238,838 shares of the specialty retailer's stock after selling 65,126 shares during the period. Janus Henderson Group PLC owned approximately 0.41% of O'Reilly Automotive worth $275,043,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in O'Reilly Automotive in the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC grew its position in O'Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 23 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in O'Reilly Automotive in the 3rd quarter worth approximately $37,000. Princeton Global Asset Management LLC bought a new stake in O'Reilly Automotive in the 3rd quarter worth approximately $41,000. Finally, Kings Path Partners LLC bought a new stake in O'Reilly Automotive in the 2nd quarter worth approximately $44,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at O'Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the firm's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the sale, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the firm's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the sale, the director now owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.18% of the company's stock.

Analyst Upgrades and Downgrades

ORLY has been the subject of a number of recent research reports. Wedbush reissued a "neutral" rating and set a $1,200.00 price objective on shares of O'Reilly Automotive in a research report on Thursday, October 24th. Wells Fargo & Company boosted their price target on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an "overweight" rating in a research note on Monday, October 14th. Royal Bank of Canada boosted their price target on shares of O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an "outperform" rating in a research note on Friday, October 25th. Barclays upped their price target on shares of O'Reilly Automotive from $986.00 to $1,088.00 and gave the company an "equal weight" rating in a report on Friday, October 25th. Finally, BNP Paribas upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a report on Friday, October 25th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, O'Reilly Automotive has an average rating of "Moderate Buy" and a consensus price target of $1,248.06.

O'Reilly Automotive Stock Performance

NASDAQ:ORLY traded down $5.07 during midday trading on Wednesday, reaching $1,242.92. 257,090 shares of the stock traded hands, compared to its average volume of 373,259. O'Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,255.40. The business has a 50-day moving average of $1,198.24 and a two-hundred day moving average of $1,114.50. The stock has a market capitalization of $71.75 billion, a PE ratio of 30.75, a price-to-earnings-growth ratio of 2.53 and a beta of 0.93.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to analysts' expectations of $4.42 billion. O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company's quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the business posted $10.72 EPS. Research analysts anticipate that O'Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

O'Reilly Automotive Profile

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.