Perpetual Ltd boosted its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 322.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,141 shares of the specialty retailer's stock after purchasing an additional 871 shares during the period. Perpetual Ltd's holdings in O'Reilly Automotive were worth $1,289,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Rise Advisors LLC purchased a new position in shares of O'Reilly Automotive in the 1st quarter worth $36,000. Washington Trust Advisors Inc. boosted its position in O'Reilly Automotive by 31.0% in the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer's stock worth $52,000 after purchasing an additional 13 shares during the last quarter. Financial Management Professionals Inc. grew its stake in shares of O'Reilly Automotive by 29.5% during the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer's stock valued at $54,000 after purchasing an additional 13 shares during the period. First Financial Corp IN increased its position in shares of O'Reilly Automotive by 38.6% during the 4th quarter. First Financial Corp IN now owns 61 shares of the specialty retailer's stock valued at $58,000 after purchasing an additional 17 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC lifted its stake in shares of O'Reilly Automotive by 81.1% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer's stock worth $63,000 after purchasing an additional 30 shares during the period. Hedge funds and other institutional investors own 85.00% of the company's stock.
Insider Activity at O'Reilly Automotive
In other O'Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of O'Reilly Automotive stock in a transaction on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total value of $1,424,250.00. Following the completion of the transaction, the director now directly owns 31,613 shares of the company's stock, valued at approximately $30,016,543.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other O'Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of the company's stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the sale, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Brad W. Beckham sold 6,032 shares of O'Reilly Automotive stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the transaction, the chief executive officer now owns 716 shares of the company's stock, valued at approximately $726,740. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on ORLY shares. StockNews.com lowered shares of O'Reilly Automotive from a "buy" rating to a "hold" rating in a research report on Friday, May 3rd. Evercore ISI upped their price objective on O'Reilly Automotive from $1,265.00 to $1,275.00 and gave the stock an "outperform" rating in a research note on Thursday. Wells Fargo & Company lowered their target price on O'Reilly Automotive from $1,300.00 to $1,200.00 and set an "overweight" rating on the stock in a research report on Thursday, April 25th. UBS Group upped their price target on O'Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a "buy" rating in a research report on Wednesday, April 17th. Finally, Truist Financial lowered their price target on shares of O'Reilly Automotive from $1,234.00 to $1,212.00 and set a "buy" rating on the stock in a report on Friday, April 26th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, O'Reilly Automotive currently has a consensus rating of "Moderate Buy" and an average target price of $1,123.64.
Get Our Latest Stock Report on ORLY
O'Reilly Automotive Price Performance
Shares of O'Reilly Automotive stock traded up $1.22 during trading on Friday, reaching $1,081.79. 663,576 shares of the stock traded hands, compared to its average volume of 398,113. The company has a market capitalization of $63.71 billion, a price-to-earnings ratio of 27.46, a P/E/G ratio of 1.94 and a beta of 0.89. O'Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11. The business has a fifty day simple moving average of $1,019.81 and a two-hundred day simple moving average of $1,030.16.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $9.18 by $0.02. The business had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.99 billion. O'Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The company's revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $8.28 EPS. On average, research analysts predict that O'Reilly Automotive, Inc. will post 41.93 earnings per share for the current fiscal year.
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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