O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. increased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 4.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,451 shares of the specialty retailer’s stock after buying an additional 1,156 shares during the period. Royal London Asset Management Ltd.’s holdings in O’Reilly Automotive were worth $25,872,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC purchased a new stake in O’Reilly Automotive during the second quarter worth about $25,000. Steward Financial Group LLC boosted its holdings in O’Reilly Automotive by 141.7% during the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock worth $26,000 after buying an additional 17 shares in the last quarter. Ancora Advisors LLC purchased a new stake in O’Reilly Automotive during the fourth quarter worth about $30,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in O’Reilly Automotive during the third quarter worth about $34,000. Finally, Carmel Capital Partners LLC boosted its holdings in O’Reilly Automotive by 1,750.0% during the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after buying an additional 35 shares in the last quarter. Hedge funds and other institutional investors own 82.92% of the company’s stock.

O’Reilly Automotive Stock Up 0.7 %

O’Reilly Automotive stock opened at $1,089.43 on Friday. The firm has a fifty day moving average of $1,020.83 and a 200-day moving average of $971.04. The firm has a market capitalization of $64.32 billion, a P/E ratio of 28.31, a PEG ratio of 1.96 and a beta of 0.86. O’Reilly Automotive, Inc. has a 52-week low of $795.74 and a 52-week high of $1,098.95.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last released its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating analysts’ consensus estimates of $9.07 by $0.19. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.86 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The business’s revenue was up 5.1% on a year-over-year basis. During the same period last year, the business earned $8.37 EPS. On average, research analysts expect that O’Reilly Automotive, Inc. will post 42.18 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on the stock. StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. TD Cowen upped their price target on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “outperform” rating in a report on Friday, December 8th. Stephens reaffirmed an “overweight” rating and issued a $1,060.00 price target on shares of O’Reilly Automotive in a report on Tuesday, December 19th. Wells Fargo & Company upped their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,200.00 and gave the company an “overweight” rating in a research note on Thursday, February 8th. Finally, Barclays upped their price objective on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research note on Thursday, January 4th. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,056.44.

View Our Latest Analysis on ORLY

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of the stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the transaction, the director now directly owns 950 shares in the company, valued at approximately $987,316. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director John Raymond Murphy sold 269 shares of the stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the sale, the director now owns 950 shares of the company’s stock, valued at approximately $987,316. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the completion of the sale, the senior vice president now directly owns 963 shares in the company, valued at approximately $1,000,200.69. The disclosure for this sale can be found here. In the last three months, insiders sold 27,468 shares of company stock valued at $28,769,333. Corporate insiders own 1.55% of the company’s stock.

About O’Reilly Automotive

(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 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.

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

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