Linden Thomas Advisory Services LLC Has $1.84 Million Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Linden Thomas Advisory Services LLC raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,931 shares of the specialty retailer’s stock after buying an additional 96 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in O’Reilly Automotive were worth $1,835,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of ORLY. Jennison Associates LLC boosted its holdings in shares of O’Reilly Automotive by 7.6% during the 4th quarter. Jennison Associates LLC now owns 947,484 shares of the specialty retailer’s stock worth $900,186,000 after buying an additional 66,629 shares during the period. Invesco Ltd. lifted its holdings in shares of O’Reilly Automotive by 3.7% during the 3rd quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer’s stock worth $807,168,000 after acquiring an additional 31,487 shares during the period. Northern Trust Corp raised its position in 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 in the last quarter. International Assets Investment Management LLC increased its position in O’Reilly Automotive by 89,319.3% in the 4th quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock valued at $621,025,000 after acquiring an additional 652,924 shares in the last quarter. Finally, Winslow Capital Management LLC grew its stake in shares of O’Reilly Automotive by 14.7% during the third quarter. Winslow Capital Management LLC now owns 302,615 shares of the specialty retailer’s stock valued at $275,035,000 after purchasing an additional 38,762 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Price Performance

ORLY stock traded down $2.54 during midday trading on Wednesday, reaching $1,089.81. The company had a trading volume of 174,480 shares, compared to its average volume of 362,629. The stock has a 50 day moving average price of $1,096.35 and a 200-day moving average price of $1,013.79. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The company has a market capitalization of $64.33 billion, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 1.98 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, beating the consensus estimate of $9.07 by $0.19. The business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The company’s revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the business earned $8.37 earnings per share. As a group, research analysts anticipate that O’Reilly Automotive, Inc. will post 42.1 earnings per share for the current year.

Insider Activity

In other O’Reilly Automotive news, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the completion of the sale, the chief financial officer now owns 2,335 shares of the company’s stock, valued at $2,400,380. 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, CFO Jeremy Adam Fletcher sold 5,000 shares of the stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the completion of the sale, the chief financial officer now owns 2,335 shares in the company, valued at approximately $2,400,380. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Doug D. Bragg sold 1,218 shares of the business’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares in the company, valued at approximately $5,884,566.82. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,968 shares of company stock worth $27,269,333. Insiders own 1.18% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the subject of several analyst reports. Truist Financial lifted 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. Barclays upped their price target on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 4th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Tuesday, April 16th. The Goldman Sachs Group upped their target price on 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. Finally, Wedbush increased their price target on shares of O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,115.19.

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.