O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by Syon Capital LLC

Syon Capital LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 27.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 659 shares of the specialty retailer’s stock after acquiring an additional 143 shares during the period. Syon Capital LLC’s holdings in O’Reilly Automotive were worth $626,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ORLY. International Assets Investment Management LLC lifted its stake in O’Reilly Automotive by 89,319.3% during the 4th quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock worth $621,025,000 after acquiring an additional 652,924 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in O’Reilly Automotive in the 3rd quarter valued at about $198,365,000. Assenagon Asset Management S.A. raised its position in O’Reilly Automotive by 269.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer’s stock valued at $205,965,000 after purchasing an additional 158,075 shares in the last quarter. Loomis Sayles & Co. L P raised its position in O’Reilly Automotive by 360,914.3% in the 3rd quarter. Loomis Sayles & Co. L P now owns 151,626 shares of the specialty retailer’s stock valued at $137,807,000 after purchasing an additional 151,584 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in O’Reilly Automotive by 47.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 213,648 shares of the specialty retailer’s stock valued at $194,176,000 after purchasing an additional 68,728 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ORLY shares. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Thursday. Evercore ISI cut their target price on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research report on Friday. Wedbush reissued a “neutral” rating and set a $1,100.00 target price on shares of O’Reilly Automotive in a research report on Thursday. Barclays raised their target price on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 4th. Finally, Truist Financial dropped their price target on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a research note on Friday. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus target price of $1,106.31.

Insiders Place Their Bets

In other news, Chairman David E. Oreilly sold 10,000 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the completion of the sale, the chairman now owns 216,539 shares in the company, valued at $228,141,159.62. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, CFO Jeremy Adam Fletcher sold 5,000 shares of the stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the completion of the transaction, the chief financial officer now owns 2,335 shares of the company’s stock, valued at $2,400,380. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman David E. Oreilly sold 10,000 shares of the stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the completion of the transaction, the chairman now directly owns 216,539 shares of the company’s stock, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. Insiders sold 25,968 shares of company stock worth $27,269,333 over the last three months. 1.55% of the stock is owned by insiders.

O’Reilly Automotive Stock Down 1.0 %

ORLY stock traded down $10.20 on Friday, reaching $1,043.93. 335,118 shares of the company’s stock were exchanged, compared to its average volume of 372,742. The stock has a fifty day moving average of $1,097.34 and a 200-day moving average of $1,014.62. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11. The firm has a market cap of $61.62 billion, a PE ratio of 26.58, a P/E/G ratio of 1.98 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, topping the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.99 billion. O’Reilly Automotive had a negative return on equity of 139.08% and a net margin of 14.78%. The firm’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm posted $8.28 earnings per share. On average, equities research analysts predict that O’Reilly Automotive, Inc. will post 42.1 EPS for the current fiscal year.

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, 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.