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Waverton Investment Management Ltd Has $41.79 Million Stock Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

O'Reilly Automotive logo with Retail/Wholesale background

Waverton Investment Management Ltd lifted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 13.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 36,298 shares of the specialty retailer's stock after acquiring an additional 4,336 shares during the period. Waverton Investment Management Ltd owned approximately 0.06% of O'Reilly Automotive worth $41,786,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Trifecta Capital Advisors LLC increased its holdings in O'Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer's stock valued at $33,000 after purchasing an additional 23 shares in the last quarter. Princeton Global Asset Management LLC acquired a new position in O'Reilly Automotive during the 3rd quarter worth about $41,000. Crewe Advisors LLC bought a new stake in O'Reilly Automotive during the 1st quarter worth about $43,000. Kings Path Partners LLC acquired a new stake in O'Reilly Automotive in the 2nd quarter valued at about $44,000. Finally, ORG Partners LLC bought a new position in shares of O'Reilly Automotive in the second quarter worth about $48,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O'Reilly Automotive Trading Up 0.7 %

Shares of NASDAQ:ORLY traded up $8.33 during trading on Tuesday, hitting $1,236.85. 298,352 shares of the company's stock traded hands, compared to its average volume of 375,247. The company has a 50-day moving average price of $1,163.19 and a 200-day moving average price of $1,089.75. O'Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,244.50. The company has a market cap of $71.74 billion, a price-to-earnings ratio of 30.39, a price-to-earnings-growth ratio of 2.47 and a beta of 0.92.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the prior year, the firm posted $10.72 earnings per share. The company's revenue was up 3.8% compared to the same quarter last year. On average, analysts predict that O'Reilly Automotive, Inc. will post 40.81 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ORLY. Roth Capital raised shares of O'Reilly Automotive to a "strong-buy" rating in a report on Tuesday, October 15th. UBS Group dropped their target price on O'Reilly Automotive from $1,275.00 to $1,250.00 and set a "buy" rating for the company in a research report on Thursday, July 18th. DA Davidson reiterated a "buy" rating and issued a $1,275.00 price target on shares of O'Reilly Automotive in a report on Thursday, October 24th. Evercore ISI lifted their price objective on O'Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an "outperform" rating in a research report on Thursday, August 22nd. Finally, Royal Bank of Canada upped their target price on shares of O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an "outperform" rating in a research report on Friday, October 25th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,242.13.

Check Out Our Latest Stock Report on ORLY

Insiders Place Their Bets

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm's stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other O'Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the company's stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lawrence P. Oreilly sold 13,765 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the completion of the sale, the director now owns 141,589 shares of the company's stock, valued at approximately $158,511,717.28. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,322 shares of company stock valued at $18,280,698 in the last quarter. 1.55% of the stock is currently owned by insiders.

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

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