DSM Capital Partners LLC Takes $9.38 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

DSM Capital Partners LLC bought a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,872 shares of the specialty retailer’s stock, valued at approximately $9,379,000.

Other large investors also recently modified their holdings of the company. Washington Trust Advisors Inc. lifted its holdings in shares of O’Reilly Automotive by 31.0% in the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after purchasing an additional 13 shares in the last quarter. Financial Management Professionals Inc. lifted its holdings in shares of O’Reilly Automotive by 29.5% in the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after purchasing an additional 13 shares in the last quarter. First Financial Corp IN lifted its holdings in shares of O’Reilly Automotive by 38.6% in the fourth quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock valued at $58,000 after purchasing an additional 17 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC lifted its holdings in shares of O’Reilly Automotive by 81.1% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer’s stock valued at $63,000 after purchasing an additional 30 shares in the last quarter. Finally, HM Payson & Co. lifted its holdings in shares of O’Reilly Automotive by 104.9% in the third quarter. HM Payson & Co. now owns 84 shares of the specialty retailer’s stock valued at $76,000 after purchasing an additional 43 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Insiders Place Their Bets

In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the sale, the chief executive officer now owns 716 shares of the company’s stock, valued at $726,740. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Brad W. Beckham sold 6,032 shares of the business’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the sale, the chief executive officer now owns 716 shares of the company’s stock, valued at approximately $726,740. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Doug D. Bragg sold 1,218 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the sale, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at approximately $5,884,566.82. The disclosure for this sale can be found here. Insiders sold a total of 13,694 shares of company stock valued at $14,265,266 over the last 90 days. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Up 1.1 %

NASDAQ:ORLY traded up $11.09 during trading hours on Friday, hitting $986.96. 338,941 shares of the company’s stock traded hands, compared to its average volume of 395,086. The firm has a market cap of $58.12 billion, a P/E ratio of 25.05, a P/E/G ratio of 1.81 and a beta of 0.90. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The business’s fifty day simple moving average is $1,069.21 and its two-hundred day simple moving average is $1,027.91.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.99 billion. During the same quarter last year, the company earned $8.28 earnings per share. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. On average, analysts expect that O’Reilly Automotive, Inc. will post 41.93 EPS for the current year.

Analyst Ratings Changes

ORLY has been the topic of a number of recent research reports. UBS Group raised their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, April 17th. Evercore ISI increased their price target on O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the company an “outperform” rating in a research report on Tuesday, May 14th. Wedbush reaffirmed a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research report on Thursday, April 25th. Truist Financial decreased their price target on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a research report on Friday, April 26th. Finally, Wells Fargo & Company decreased their price target on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research report on Thursday, April 25th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus target price of $1,123.64.

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.