Commonwealth Equity Services LLC lifted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) by 15.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,595 shares of the specialty retailer’s stock after buying an additional 1,290 shares during the period. Commonwealth Equity Services LLC’s holdings in O’Reilly Automotive were worth $8,099,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of ORLY. Arrowstreet Capital Limited Partnership raised its stake in shares of O’Reilly Automotive by 128.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 687,486 shares of the specialty retailer’s stock worth $470,900,000 after buying an additional 386,822 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of O’Reilly Automotive by 88.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 789,369 shares of the specialty retailer’s stock worth $555,202,000 after buying an additional 371,324 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in shares of O’Reilly Automotive by 1,050.1% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 177,473 shares of the specialty retailer’s stock worth $124,826,000 after buying an additional 162,042 shares in the last quarter. Great West Life Assurance Co. Can bought a new stake in shares of O’Reilly Automotive in the 3rd quarter worth $86,446,000. Finally, Lazard Asset Management LLC raised its stake in shares of O’Reilly Automotive by 961.2% in the 1st quarter. Lazard Asset Management LLC now owns 112,840 shares of the specialty retailer’s stock worth $77,289,000 after buying an additional 102,207 shares in the last quarter. Institutional investors own 90.50% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the company. Truist Financial boosted their target price on O’Reilly Automotive from $921.00 to $992.00 in a research report on Friday, April 28th. Citigroup boosted their target price on O’Reilly Automotive from $893.00 to $916.00 in a research note on Friday, April 28th. UBS Group boosted their target price on O’Reilly Automotive from $940.00 to $1,055.00 in a research note on Friday, April 28th. Roth Capital restated a “buy” rating on shares of O’Reilly Automotive in a research note on Wednesday, February 8th. Finally, StockNews.com downgraded O’Reilly Automotive from a “strong-buy” rating to a “buy” rating in a research note on Monday. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $916.81.
Insider Activity
O’Reilly Automotive Trading Up 0.6 %
ORLY stock opened at $946.64 on Tuesday. The business’s 50 day moving average is $863.08 and its 200-day moving average is $838.99. O’Reilly Automotive, Inc. has a 1-year low of $562.90 and a 1-year high of $947.15. The firm has a market cap of $58.53 billion, a P/E ratio of 27.36, a P/E/G ratio of 1.96 and a beta of 0.88.
O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last released its quarterly earnings results on Thursday, April 27th. The specialty retailer reported $8.28 earnings per share for the quarter, beating analysts’ consensus estimates of $8.00 by $0.28. O’Reilly Automotive had a negative return on equity of 176.66% and a net margin of 14.90%. The firm had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.58 billion. During the same period last year, the firm posted $7.17 EPS. The business’s revenue was up 12.5% on a year-over-year basis. Sell-side analysts forecast that O’Reilly Automotive, Inc. will post 37.15 EPS for the current year.
O’Reilly Automotive Profile
O’Reilly Automotive, Inc owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers. It provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts, maintenance items consisting of oil, antifreeze products, fluids, filters, lighting products, engine additives, and appearance products, and accessories, such as floor mats, seat covers, and truck accessories.
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