Charles Schwab Investment Management Inc. Purchases 3,136 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Charles Schwab Investment Management Inc. raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.9% during the fourth quarter, HoldingsChannel reports. The fund owned 345,028 shares of the specialty retailer’s stock after acquiring an additional 3,136 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in O’Reilly Automotive were worth $327,804,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Jennison Associates LLC increased its position in O’Reilly Automotive by 7.6% during the fourth quarter. Jennison Associates LLC now owns 947,484 shares of the specialty retailer’s stock valued at $900,186,000 after acquiring an additional 66,629 shares during the last quarter. Invesco Ltd. grew its holdings in shares of O’Reilly Automotive by 3.7% in the third quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer’s stock worth $807,168,000 after purchasing an additional 31,487 shares during the last quarter. Northern Trust Corp grew its holdings in shares of O’Reilly Automotive by 3.5% in the third quarter. Northern Trust Corp now owns 683,547 shares of the specialty retailer’s stock worth $621,249,000 after purchasing an additional 23,016 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of O’Reilly Automotive by 89,319.3% in the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock worth $621,025,000 after purchasing an additional 652,924 shares during the last quarter. Finally, Winslow Capital Management LLC grew its holdings in shares of O’Reilly Automotive by 14.7% in the third quarter. Winslow Capital Management LLC now owns 302,615 shares of the specialty retailer’s stock worth $275,035,000 after purchasing an additional 38,762 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 269 shares of the stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the completion of the transaction, the director now directly owns 950 shares of the company’s stock, valued at approximately $987,316. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director John Raymond Murphy sold 269 shares of the stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the completion of the transaction, the director now directly owns 950 shares of the company’s stock, valued at approximately $987,316. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the completion of the transaction, the senior vice president now directly owns 963 shares of the company’s stock, valued at $1,000,200.69. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,000 shares of company stock valued at $33,391,813. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive Price Performance

Shares of ORLY stock traded up $1.86 during mid-day trading on Wednesday, hitting $1,022.57. 151,045 shares of the stock traded hands, compared to its average volume of 374,739. The stock has a market cap of $60.36 billion, a P/E ratio of 25.91, a P/E/G ratio of 1.91 and a beta of 0.90. The stock’s fifty day moving average is $1,091.76 and its two-hundred day moving average is $1,021.39. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating the consensus estimate of $9.18 by $0.02. The business had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm posted $8.28 earnings per share. As a group, equities analysts forecast that O’Reilly Automotive, Inc. will post 41.92 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of research analyst reports. StockNews.com cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Truist Financial cut 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. The Goldman Sachs Group upped their price target on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Wedbush reiterated a “neutral” rating and set a $1,100.00 target price on shares of O’Reilly Automotive in a report on Thursday, April 25th. Finally, Evercore ISI dropped their target price on shares of O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a report on Friday, April 26th. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,110.07.

O’Reilly Automotive Profile

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.