American National Bank boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) by 8,800.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 356 shares of the specialty retailer’s stock after acquiring an additional 352 shares during the period. American National Bank’s holdings in O’Reilly Automotive were worth $300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
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Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. FMR LLC grew its holdings in O’Reilly Automotive by 4.2% during the 2nd quarter. FMR LLC now owns 1,315,334 shares of the specialty retailer’s stock worth $830,976,000 after acquiring an additional 52,634 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of O’Reilly Automotive by 88.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 789,369 shares of the specialty retailer’s stock valued at $555,202,000 after buying an additional 371,324 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of O’Reilly Automotive by 128.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 687,486 shares of the specialty retailer’s stock valued at $470,900,000 after buying an additional 386,822 shares during the last quarter. Amundi lifted its position in shares of O’Reilly Automotive by 0.6% during the second quarter. Amundi now owns 603,756 shares of the specialty retailer’s stock valued at $404,105,000 after buying an additional 3,611 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its position in shares of O’Reilly Automotive by 5.1% during the third quarter. Baird Financial Group Inc. now owns 501,774 shares of the specialty retailer’s stock valued at $352,924,000 after buying an additional 24,123 shares during the last quarter. 90.50% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms have commented on ORLY. Morgan Stanley increased their price target on shares of O’Reilly Automotive from $780.00 to $830.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 17th. Truist Financial increased their price target on shares of O’Reilly Automotive from $892.00 to $921.00 and gave the company a “buy” rating in a research report on Friday, February 10th. StockNews.com started coverage on shares of O’Reilly Automotive in a research report on Thursday. They issued a “buy” rating for the company. MKM Partners increased their price objective on shares of O’Reilly Automotive from $865.00 to $900.00 in a research report on Friday, December 9th. Finally, Citigroup increased their price objective on shares of O’Reilly Automotive from $770.00 to $855.00 and gave the company a “neutral” rating in a research report on Wednesday, November 23rd. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and an average target price of $859.60.
Insider Transactions at O’Reilly Automotive
In other news, SVP Jeffrey Alan Lauro sold 500 shares of the firm’s stock in a transaction that occurred on Friday, February 24th. The shares were sold at an average price of $834.31, for a total transaction of $417,155.00. Following the sale, the senior vice president now owns 768 shares of the company’s stock, valued at approximately $640,750.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.73% of the company’s stock.
O’Reilly Automotive Price Performance
ORLY traded down $14.42 during trading on Friday, reaching $805.10. 245,107 shares of the company’s stock were exchanged, compared to its average volume of 477,488. O’Reilly Automotive, Inc. has a 1 year low of $562.90 and a 1 year high of $873.94. The stock has a market capitalization of $49.78 billion, a P/E ratio of 24.47, a price-to-earnings-growth ratio of 1.73 and a beta of 0.88. The company’s fifty day simple moving average is $822.33 and its 200-day simple moving average is $795.41.
O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last posted its quarterly earnings results on Wednesday, February 8th. The specialty retailer reported $8.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.71 by $0.66. O’Reilly Automotive had a net margin of 15.08% and a negative return on equity of 234.76%. The company had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.50 billion. During the same period last year, the firm posted $7.64 EPS. O’Reilly Automotive’s revenue for the quarter was up 10.7% compared to the same quarter last year. Equities analysts forecast that O’Reilly Automotive, Inc. will post 36.62 EPS for the current year.
O’Reilly Automotive Profile
O’Reilly Automotive, Inc owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers. It provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts, maintenance items consisting of oil, antifreeze products, fluids, filters, lighting products, engine additives, and appearance products, and accessories, such as floor mats, seat covers, and truck accessories.
See Also
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