Perpetual Ltd Has $601,000 Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Perpetual Ltd increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 87.8% in the 4th quarter, Holdings Channel reports. The firm owned 507 shares of the specialty retailer’s stock after buying an additional 237 shares during the quarter. Perpetual Ltd’s holdings in O’Reilly Automotive were worth $601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. AE Wealth Management LLC increased its stake in O’Reilly Automotive by 7.0% in the second quarter. AE Wealth Management LLC now owns 960 shares of the specialty retailer’s stock valued at $1,014,000 after acquiring an additional 63 shares during the period. Evergreen Capital Management LLC boosted its holdings in O’Reilly Automotive by 5.0% during the second quarter. Evergreen Capital Management LLC now owns 546 shares of the specialty retailer’s stock valued at $577,000 after purchasing an additional 26 shares in the last quarter. Marshall Wace LLP grew its stake in shares of O’Reilly Automotive by 809.8% in the 2nd quarter. Marshall Wace LLP now owns 90,978 shares of the specialty retailer’s stock valued at $96,078,000 after purchasing an additional 80,978 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of O’Reilly Automotive by 59.6% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 11,307 shares of the specialty retailer’s stock worth $11,941,000 after buying an additional 4,221 shares in the last quarter. Finally, Unisphere Establishment lifted its position in shares of O’Reilly Automotive by 32.3% during the 2nd quarter. Unisphere Establishment now owns 8,200 shares of the specialty retailer’s stock worth $8,660,000 after buying an additional 2,000 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $1,241.33 on Thursday. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,283.96. The firm’s 50-day simple moving average is $1,223.57 and its 200 day simple moving average is $1,165.62. The stock has a market cap of $71.66 billion, a price-to-earnings ratio of 30.71, a PEG ratio of 2.26 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same period last year, the firm posted $10.72 earnings per share. O’Reilly Automotive’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ORLY shares. Wells Fargo & Company increased their price objective on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research note on Monday, October 14th. Wedbush reissued a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a report on Thursday, October 24th. Roth Mkm reaffirmed a “buy” rating and set a $1,337.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $1,289.44.

Insider Activity

In other news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the transaction, the director now directly owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is owned by company insiders.

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.