Czech National Bank increased its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 5.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,518 shares of the specialty retailer's stock after buying an additional 702 shares during the period. Czech National Bank's holdings in O'Reilly Automotive were worth $14,844,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ORLY. Wellington Management Group LLP increased its position in shares of O'Reilly Automotive by 73.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer's stock valued at $1,986,874,000 after purchasing an additional 728,040 shares during the last quarter. Geode Capital Management LLC boosted its stake in O'Reilly Automotive by 1.7% during the third quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer's stock worth $1,700,513,000 after buying an additional 24,135 shares during the period. International Assets Investment Management LLC increased its position in O'Reilly Automotive by 99,957.0% during the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock valued at $984,027,000 after acquiring an additional 853,633 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of O'Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock valued at $692,816,000 after acquiring an additional 133,139 shares during the period. Finally, Legal & General Group Plc lifted its holdings in shares of O'Reilly Automotive by 5.2% in the 2nd quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer's stock worth $524,629,000 after acquiring an additional 24,767 shares during the last quarter. 85.00% of the stock is owned by institutional investors.
Analyst Ratings Changes
ORLY has been the subject of several analyst reports. Roth Mkm reissued a "buy" rating and issued a $1,337.00 price objective on shares of O'Reilly Automotive in a research note on Wednesday, October 16th. Wells Fargo & Company boosted their price objective on O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an "overweight" rating in a report on Monday, October 14th. 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 note on Thursday, October 24th. Truist Financial boosted their target price on shares of O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. raised their price target on shares of O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 16th. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $1,270.69.
View Our Latest Research Report on O'Reilly Automotive
Insider Activity
In other news, Director Andrea Weiss sold 600 shares of the business's stock in a transaction dated 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 transaction, the director now owns 700 shares of the company's stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The sale was disclosed in a legal filing 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. Company insiders own 1.55% of the company's stock.
O'Reilly Automotive Trading Down 0.5 %
ORLY traded down $5.81 during midday trading on Tuesday, hitting $1,204.33. 244,809 shares of the company were exchanged, compared to its average volume of 320,788. The firm has a market capitalization of $69.53 billion, a price-to-earnings ratio of 29.80, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94. The company's 50 day simple moving average is $1,224.54 and its 200 day simple moving average is $1,158.85. 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 posted its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS 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 business had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same quarter last year, the business earned $10.72 earnings per share. O'Reilly Automotive's revenue was up 3.8% on a year-over-year basis. On average, equities analysts anticipate that O'Reilly Automotive, Inc. will post 40.85 EPS for the current year.
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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