O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. grew its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,797 shares of the specialty retailer's stock after purchasing an additional 667 shares during the period. Royal London Asset Management Ltd.'s holdings in O'Reilly Automotive were worth $32,011,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. CX Institutional grew its position in O'Reilly Automotive by 68.0% in the second quarter. CX Institutional now owns 457 shares of the specialty retailer's stock worth $483,000 after acquiring an additional 185 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in shares of O'Reilly Automotive by 11.8% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 228 shares of the specialty retailer's stock valued at $241,000 after buying an additional 24 shares during the period. Capital Investment Advisors LLC boosted its position in shares of O'Reilly Automotive by 24.1% during the second quarter. Capital Investment Advisors LLC now owns 1,445 shares of the specialty retailer's stock valued at $1,526,000 after buying an additional 281 shares during the period. Opal Wealth Advisors LLC boosted its position in shares of O'Reilly Automotive by 16.3% during the second quarter. Opal Wealth Advisors LLC now owns 306 shares of the specialty retailer's stock valued at $323,000 after buying an additional 43 shares during the period. Finally, Fermata Advisors LLC purchased a new position in shares of O'Reilly Automotive during the second quarter valued at approximately $329,000. Hedge funds and other institutional investors own 85.00% of the company's stock.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive 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 transaction, the director now owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company's 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 completion of the transaction, the senior vice president now owns 5 shares of the company's stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by corporate insiders.

O'Reilly Automotive Stock Up 1.9 %

Shares of ORLY traded up $22.97 during trading hours on Friday, reaching $1,257.78. 312,975 shares of the company traded hands, compared to its average volume of 372,604. The stock has a market capitalization of $72.61 billion, a P/E ratio of 31.12, a P/E/G ratio of 2.53 and a beta of 0.93. O'Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,260.04. The business has a fifty day moving average price of $1,199.74 and a 200-day moving average price of $1,115.34.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts' expectations of $4.42 billion. During the same period in the previous year, the company posted $10.72 earnings per share. O'Reilly Automotive's revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, research analysts predict that O'Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Wells Fargo & Company lifted their price target on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an "overweight" rating in a research note on Monday, October 14th. Morgan Stanley lifted their price target on shares of 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. Bank of America lifted their price target on shares of O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a "buy" rating in a research note on Thursday, August 22nd. TD Cowen lifted their price target on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. boosted their price objective 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 investment 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. Based on data from MarketBeat, O'Reilly Automotive currently has an average rating of "Moderate Buy" and an average price target of $1,248.06.

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.