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TCW Group Inc. Buys 1,918 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

O'Reilly Automotive logo with Retail/Wholesale background

TCW Group Inc. lifted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 102,948 shares of the specialty retailer's stock after purchasing an additional 1,918 shares during the period. O'Reilly Automotive accounts for 1.0% of TCW Group Inc.'s holdings, making the stock its 27th biggest holding. TCW Group Inc. owned about 0.18% of O'Reilly Automotive worth $118,555,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Sequoia Financial Advisors LLC increased its position in O'Reilly Automotive by 4.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,700 shares of the specialty retailer's stock valued at $1,795,000 after purchasing an additional 66 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in O'Reilly Automotive by 90.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,638 shares of the specialty retailer's stock valued at $15,458,000 after buying an additional 6,954 shares during the period. ORG Partners LLC bought a new stake in O'Reilly Automotive during the second quarter valued at $48,000. Envestnet Portfolio Solutions Inc. grew its holdings in O'Reilly Automotive by 1.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 4,963 shares of the specialty retailer's stock worth $5,241,000 after acquiring an additional 75 shares during the period. Finally, Wedge Capital Management L L P NC grew its holdings in O'Reilly Automotive by 8.4% during the 2nd quarter. Wedge Capital Management L L P NC now owns 41,966 shares of the specialty retailer's stock worth $44,319,000 after acquiring an additional 3,246 shares during the period. Institutional investors own 85.00% of the company's stock.

Insider Activity at O'Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of O'Reilly Automotive stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the transaction, the senior vice president now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrea Weiss sold 600 shares of O'Reilly Automotive stock in a transaction that occurred 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 completion of the transaction, 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 disclosure for this sale can be found here. 1.18% of the stock is owned by company insiders.

O'Reilly Automotive Stock Performance

ORLY traded up $2.66 during mid-day trading on Wednesday, reaching $1,269.01. 265,018 shares of the stock were exchanged, compared to its average volume of 371,692. The company has a 50 day moving average price of $1,206.13 and a two-hundred day moving average price of $1,122.84. The stock has a market capitalization of $73.26 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 2.55 and a beta of 0.93. O'Reilly Automotive, Inc. has a 1 year low of $914.50 and a 1 year high of $1,275.80.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly 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). The business had revenue of $4.36 billion for 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 business's revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $10.72 earnings per share. Sell-side analysts expect that O'Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ORLY shares. Bank of America upped their target price on O'Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a "buy" rating in a research report on Thursday, August 22nd. DA Davidson restated a "buy" rating and set a $1,275.00 price target on shares of O'Reilly Automotive in a report on Thursday, October 24th. Royal Bank of Canada lifted their price objective on shares of O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. Truist Financial raised their price target on shares of O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a "buy" rating in a report on Friday, October 25th. Finally, Roth Mkm reaffirmed a "buy" rating and issued a $1,337.00 price target on shares of O'Reilly Automotive in a research note on Wednesday, October 16th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $1,248.06.

Check Out Our Latest Stock Analysis on O'Reilly Automotive

O'Reilly Automotive 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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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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