O’Reilly Automotive, Inc. $ORLY Position Boosted by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd raised its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 3.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 246,718 shares of the specialty retailer’s stock after acquiring an additional 8,578 shares during the period. UniSuper Management Pty Ltd’s holdings in O’Reilly Automotive were worth $26,599,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. True Wealth Design LLC raised its stake in shares of O’Reilly Automotive by 127.7% during the third quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 152 shares in the last quarter. Oakworth Capital Inc. grew its position in O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 264 shares in the last quarter. HighMark Wealth Management LLC increased its stake in O’Reilly Automotive by 1,400.0% during the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 280 shares during the period. Canton Hathaway LLC increased its stake in O’Reilly Automotive by 1,400.0% during the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 280 shares during the period. Finally, Westfuller Advisors LLC bought a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 0.4%

Shares of NASDAQ ORLY opened at $99.23 on Friday. The stock’s fifty day simple moving average is $95.42 and its 200 day simple moving average is $98.74. The stock has a market capitalization of $83.76 billion, a price-to-earnings ratio of 34.38, a PEG ratio of 2.10 and a beta of 0.63. O’Reilly Automotive, Inc. has a 52-week low of $82.90 and a 52-week high of $108.71.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last announced its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating the consensus estimate of $0.83 by $0.02. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.69 billion. During the same period in the prior year, the business posted $11.41 earnings per share. O’Reilly Automotive’s revenue was up 7.8% compared to the same quarter last year. As a group, analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director John Raymond Murphy sold 3,125 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares of the company’s stock, valued at approximately $752,375. This represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total transaction of $238,585.05. Following the completion of the transaction, the senior vice president owned 28 shares of the company’s stock, valued at approximately $2,836.68. The trade was a 98.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 8,980 shares of company stock worth $882,335. Company insiders own 1.01% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the subject of several recent analyst reports. Robert W. Baird upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a report on Thursday, December 4th. Barclays set a $91.00 target price on O’Reilly Automotive and gave the stock an “equal weight” rating in a research report on Monday, October 27th. The Goldman Sachs Group set a $121.00 price target on O’Reilly Automotive and gave the company a “buy” rating in a research report on Friday, October 24th. UBS Group reissued a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of O’Reilly Automotive in a research note on Wednesday, October 15th. Finally, Morgan Stanley set a $110.00 target price on O’Reilly Automotive and gave the company an “overweight” rating in a research note on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, O’Reilly Automotive has an average rating of “Buy” and an average price target of $111.80.

Check Out Our Latest Stock Analysis on ORLY

About O’Reilly Automotive

(Free Report)

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.

Further Reading

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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