O’Reilly Automotive, Inc. (NASDAQ:ORLY) Holdings Decreased by Invesco LLC

Invesco LLC lessened its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 235 shares of the specialty retailer’s stock after selling 12 shares during the period. Invesco LLC’s holdings in O’Reilly Automotive were worth $223,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ORLY. Cibc World Market Inc. raised its holdings in O’Reilly Automotive by 305.4% during the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer’s stock worth $2,213,000 after purchasing an additional 2,434 shares in the last quarter. Sei Investments Co. raised its stake in shares of O’Reilly Automotive by 51.3% in the 1st quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer’s stock worth $10,894,000 after buying an additional 5,376 shares in the last quarter. Prudential PLC bought a new stake in shares of O’Reilly Automotive in the 1st quarter worth $1,847,000. Cetera Investment Advisers lifted its holdings in shares of O’Reilly Automotive by 48.9% in the first quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer’s stock valued at $1,343,000 after buying an additional 644 shares during the period. Finally, Moors & Cabot Inc. boosted its stake in O’Reilly Automotive by 11.4% during the first quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer’s stock valued at $262,000 after buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.7 %

Shares of NASDAQ ORLY opened at $1,069.27 on Tuesday. The firm has a market capitalization of $63.12 billion, a PE ratio of 27.79, a PEG ratio of 1.95 and a beta of 0.86. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The business has a 50-day moving average price of $1,089.77 and a two-hundred day moving average price of $1,005.60.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, topping the consensus estimate of $9.07 by $0.19. The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.86 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company posted $8.37 earnings per share. Research analysts anticipate that O’Reilly Automotive, Inc. will post 42.09 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on ORLY. Truist Financial boosted their price target on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. Evercore ISI raised their target price on shares of O’Reilly Automotive from $1,235.00 to $1,240.00 and gave the stock an “outperform” rating in a report on Tuesday, April 2nd. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Royal Bank of Canada increased their price objective on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a research report on Friday, February 9th. Finally, Wedbush lifted their target price on O’Reilly Automotive from $940.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,090.76.

Insider Activity

In related news, Chairman David E. Oreilly sold 6,444 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the sale, the chairman now directly owns 205,095 shares in the company, valued at $217,933,947. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, SVP Christopher Andrew Mancini sold 1,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman David E. Oreilly sold 6,444 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total value of $6,847,394.40. Following the completion of the transaction, the chairman now owns 205,095 shares in the company, valued at approximately $217,933,947. The disclosure for this sale can be found here. Insiders have sold a total of 27,468 shares of company stock worth $28,769,333 in the last ninety days. Corporate insiders own 1.18% of the company’s stock.

About O’Reilly Automotive

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.