10,000 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Bought by Erste Asset Management GmbH

Erste Asset Management GmbH purchased a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,000 shares of the specialty retailer’s stock, valued at approximately $11,460,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank Pictet & Cie Asia Ltd. acquired a new position in shares of O’Reilly Automotive during the second quarter worth $800,000. Handelsbanken Fonder AB boosted its holdings in O’Reilly Automotive by 2.5% in the third quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer’s stock valued at $34,507,000 after acquiring an additional 727 shares during the last quarter. Assetmark Inc. increased its position in O’Reilly Automotive by 20.8% during the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after purchasing an additional 3,193 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in O’Reilly Automotive by 90.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 14,638 shares of the specialty retailer’s stock worth $15,458,000 after purchasing an additional 6,954 shares during the last quarter. Finally, Marshfield Associates lifted its position in shares of O’Reilly Automotive by 0.6% in the 2nd quarter. Marshfield Associates now owns 302,886 shares of the specialty retailer’s stock worth $319,866,000 after purchasing an additional 1,718 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the firm’s 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 in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction dated 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 in the company, valued at approximately $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Down 0.1 %

Shares of O’Reilly Automotive stock opened at $1,243.22 on Monday. The stock has a fifty day simple moving average of $1,191.32 and a 200 day simple moving average of $1,110.24. O’Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,255.30. The company has a market capitalization of $71.77 billion, a P/E ratio of 30.76, a price-to-earnings-growth ratio of 2.52 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last released 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 net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the previous year, the business earned $10.72 earnings per share. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, analysts predict that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on ORLY shares. Evercore ISI lifted their target price on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Morgan Stanley lifted their price objective on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. Royal Bank of Canada raised their target price on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. TD Cowen boosted their price target on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, DA Davidson reaffirmed a “buy” rating and set a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average target price of $1,242.13.

O’Reilly Automotive 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.