Callan Capital LLC Takes Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Callan Capital LLC acquired a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,086 shares of the specialty retailer’s stock, valued at approximately $1,032,000.

Several other institutional investors and hedge funds have also recently modified their holdings of ORLY. Jennison Associates LLC boosted its stake 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 worth $900,186,000 after buying an additional 66,629 shares during the period. Invesco Ltd. lifted its position in shares of O’Reilly Automotive by 3.7% during 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 lifted its position in shares of O’Reilly Automotive by 3.5% during 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 lifted its position in shares of O’Reilly Automotive by 89,319.3% during 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 lifted its position 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 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.

O’Reilly Automotive Stock Performance

NASDAQ ORLY traded down $10.20 during trading hours on Friday, reaching $1,043.93. The stock had a trading volume of 335,739 shares, compared to its average volume of 330,021. The stock has a fifty day moving average of $1,097.20 and a 200 day moving average of $1,015.51. The stock has a market cap of $61.62 billion, a P/E ratio of 26.50, a price-to-earnings-growth ratio of 1.93 and a beta of 0.86. 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 issued its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The firm had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same quarter in the prior year, the firm earned $8.28 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, equities research analysts forecast that O’Reilly Automotive, Inc. will post 41.7 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on ORLY. Mizuho started coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price for the company. Barclays lifted their price objective on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. Wells Fargo & Company decreased their price objective on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a report on Thursday. Royal Bank of Canada lifted their price objective on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a report on Friday, February 9th. Finally, Evercore ISI reduced their target price on shares of O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating for the company in a report on Friday. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,106.31.

Insiders Place Their Bets

In other O’Reilly Automotive news, Chairman David E. Oreilly sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares in the company, valued at approximately $228,141,159.62. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, Chairman David E. Oreilly sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the completion of the transaction, the chairman now directly owns 216,539 shares of the company’s stock, valued at approximately $228,141,159.62. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the company’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 transaction, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at $2,400,380. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,968 shares of company stock worth $27,269,333. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Company 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.