O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by Pelham Capital Ltd.

Pelham Capital Ltd. increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 21.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,970 shares of the specialty retailer’s stock after acquiring an additional 2,256 shares during the period. O’Reilly Automotive makes up about 9.0% of Pelham Capital Ltd.’s investment portfolio, making the stock its 4th largest position. Pelham Capital Ltd.’s holdings in O’Reilly Automotive were worth $15,380,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Howland Capital Management LLC boosted its stake in shares of O’Reilly Automotive by 1.4% during the 4th quarter. Howland Capital Management LLC now owns 27,868 shares of the specialty retailer’s stock worth $33,046,000 after acquiring an additional 384 shares in the last quarter. Quotient Wealth Partners LLC boosted its holdings in shares of O’Reilly Automotive by 7.6% in the fourth quarter. Quotient Wealth Partners LLC now owns 383 shares of the specialty retailer’s stock worth $455,000 after buying an additional 27 shares during the period. Empowered Funds LLC lifted its position in shares of O’Reilly Automotive by 17.2% in the 4th quarter. Empowered Funds LLC now owns 5,274 shares of the specialty retailer’s stock valued at $6,254,000 after acquiring an additional 774 shares in the last quarter. Forbes J M & Co. LLP boosted its stake in O’Reilly Automotive by 0.3% in the 4th quarter. Forbes J M & Co. LLP now owns 4,652 shares of the specialty retailer’s stock worth $5,516,000 after purchasing an additional 16 shares during the period. Finally, Wilmington Savings Fund Society FSB boosted its stake in O’Reilly Automotive by 246.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 554 shares of the specialty retailer’s stock worth $657,000 after purchasing an additional 394 shares during the period. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Trading Down 1.1 %

NASDAQ:ORLY opened at $1,316.75 on Friday. The firm has a market capitalization of $76.02 billion, a PE ratio of 32.38, a PEG ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,350.27. The firm’s fifty day simple moving average is $1,242.12 and its 200 day simple moving average is $1,187.34.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, analysts anticipate that O’Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ORLY shares. Guggenheim increased their target price on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a report on Friday. Truist Financial upped their target price on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. JPMorgan Chase & Co. increased their price target on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. UBS Group boosted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research report on Friday. Finally, Wells Fargo & Company lifted their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $1,374.88.

About O’Reilly Automotive

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.