Ossiam Grows Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Ossiam boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 6.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,762 shares of the specialty retailer’s stock after buying an additional 177 shares during the period. Ossiam’s holdings in O’Reilly Automotive were worth $2,345,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ancora Advisors LLC bought a new stake in O’Reilly Automotive during the 4th quarter valued at about $30,000. Venturi Wealth Management LLC bought a new stake in shares of O’Reilly Automotive during the first quarter valued at approximately $31,000. HHM Wealth Advisors LLC purchased a new position in O’Reilly Automotive in the 1st quarter worth approximately $33,000. Arlington Partners LLC raised its holdings in O’Reilly Automotive by 616.7% in the 1st quarter. Arlington Partners LLC now owns 43 shares of the specialty retailer’s stock worth $37,000 after acquiring an additional 37 shares during the last quarter. Finally, Compass Wealth Management LLC bought a new position in O’Reilly Automotive in the 4th quarter valued at approximately $38,000. Institutional investors own 82.92% of the company’s stock.

Insiders Place Their Bets

In related news, Chairman Gregory L. Henslee sold 14,599 shares of the firm’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $937.81, for a total value of $13,691,088.19. Following the completion of the transaction, the chairman now directly owns 8,378 shares of the company’s stock, valued at $7,856,972.18. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, Director Lawrence P. Oreilly sold 1,060 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $945.57, for a total value of $1,002,304.20. Following the completion of the transaction, the director now owns 157,764 shares in the company, valued at approximately $149,176,905.48. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman Gregory L. Henslee sold 14,599 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $937.81, for a total value of $13,691,088.19. Following the completion of the sale, the chairman now owns 8,378 shares of the company’s stock, valued at $7,856,972.18. The disclosure for this sale can be found here. Insiders have sold a total of 24,241 shares of company stock valued at $22,733,544 in the last quarter. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive Stock Performance

ORLY opened at $958.36 on Monday. The stock has a market capitalization of $57.75 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 1.88 and a beta of 0.85. The company has a fifty day moving average of $945.02 and a 200 day moving average of $908.74. O’Reilly Automotive, Inc. has a fifty-two week low of $680.00 and a fifty-two week high of $975.72.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Thursday, July 27th. The specialty retailer reported $10.22 EPS for the quarter, topping analysts’ consensus estimates of $10.05 by $0.17. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $4.01 billion. O’Reilly Automotive had a negative return on equity of 163.68% and a net margin of 14.84%. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the business earned $8.78 earnings per share. On average, equities research analysts forecast that O’Reilly Automotive, Inc. will post 37.64 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on ORLY shares. StockNews.com initiated coverage on O’Reilly Automotive in a research note on Thursday, August 17th. They issued a “buy” rating for the company. Barclays upped their target price on shares of O’Reilly Automotive from $868.00 to $954.00 in a research note on Friday, July 28th. William Blair began coverage on shares of O’Reilly Automotive in a report on Thursday, August 3rd. They set an “outperform” rating for the company. Wells Fargo & Company boosted their price objective on shares of O’Reilly Automotive from $985.00 to $1,075.00 in a report on Thursday, July 20th. Finally, Truist Financial lifted their target price on shares of O’Reilly Automotive from $992.00 to $1,038.00 in a research report on Wednesday, July 12th. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus price target of $971.40.

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 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.