1 week Ago By ABMN Staff
New York Life Investment Management LLC increased its position in O’Reilly Automotive, Inc. ( NASDAQ:ORLY – Free Report ) by 0.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 8,124 shares of the specialty retailer’s stock after buying an additional 17 shares during the period. New York Life Investment Management LLC’s holdings in O’Reilly Automotive were worth $8,579,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company.
Nordea Investment Management AB raised its holdings in shares of O’Reilly Automotive by 3.8% during the 1st quarter. Nordea Investment Management AB now owns 60,057 shares of the specialty retailer’s stock worth $68,327,000 after acquiring an additional 2,214 shares in the last quarter.
Bank Pictet & Cie Asia Ltd. purchased a new stake in O’Reilly Automotive during the second quarter valued at $800,000. O Shaughnessy Asset Management LLC lifted its position in O’Reilly Automotive by 5.
0% during the first quarter. O Shaughnessy Asset Management LLC now owns 14,814 shares of the specialty retailer’s stock valued at $16,723,000 after purchasing an additional 701 shares during the last quarter. Perpetual Ltd raised its position in shares of O’Reilly Automotive by 322.
6% during the 1st quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock valued at $1,289,000 after buying an additional 871 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of O’Reilly Automotive by 656.
2% in the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock valued at $434,780,000 after acquiring an additional 397,108 shares during the last quarter. 85.
00% of the stock is owned by institutional investors. Analyst Ratings Changes ORLY has been the topic of several analyst reports. Bank of America boosted their price objective on O’Reilly Automotive from $1,204.
00 to $1,290.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. UBS Group decreased their price target on O’Reilly Automotive from $1,275.
00 to $1,250.00 and set a “buy” rating on the stock in a report on Thursday, July 18th. Royal Bank of Canada dropped their price objective on shares of O’Reilly Automotive from $1,124.
00 to $1,115.00 and set an “outperform” rating for the company in a research note on Friday, July 26th. Truist Financial boosted their price objective on shares of O’Reilly Automotive from $1,143.
00 to $1,204.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Finally, Evercore ISI raised their target price on shares of O’Reilly Automotive from $1,215.
00 to $1,230.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock.
According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,144.06.
O’Reilly Automotive Stock Down 1.6 % Shares of NASDAQ:ORLY opened at $1,119.18 on Friday.
The business’s 50 day moving average is $1,091.92 and its 200 day moving average is $1,068.85.
The stock has a market cap of $65.91 billion, a P/E ratio of 28.41, a price-to-earnings-growth ratio of 2.
15 and a beta of 0.92. 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 – Get Free Report ) last issued its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing the consensus estimate of $10.
98 by ($0.43). The firm had revenue of $4.
27 billion during the quarter, compared to analysts’ expectations of $4.32 billion. O’Reilly Automotive had a negative return on equity of 146.
57% and a net margin of 14.57%. O’Reilly Automotive’s quarterly revenue was up 5.
0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $10.22 earnings per share.
On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal year.
Insiders Place Their Bets In other news, Director Dana Perlman sold 48 shares of the business’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.
48. Following the completion of the sale, the director now owns 1,097 shares in the company, valued at approximately $1,217,406.72.
The transaction was disclosed in a document filed with the SEC, which is available at the SEC website . In other news, SVP Mark Joseph Merz sold 413 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,120.
00, for a total value of $462,560.00. Following the transaction, the senior vice president now directly owns 265 shares in the company, valued at approximately $296,800.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . Also, Director Dana Perlman sold 48 shares of the company’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $1,109.
76, for a total value of $53,268.48. Following the sale, the director now owns 1,097 shares of the company’s stock, valued at $1,217,406.
72. The disclosure for this sale can be found here . Insiders have sold a total of 50,411 shares of company stock worth $56,846,062 in the last three months.
Corporate insiders own 1.55% of the company’s stock. O’Reilly Automotive Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc.
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