CCLA Investment Management Has $137.59 Million Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

CCLA Investment Management cut its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 116,043 shares of the specialty retailer’s stock after selling 4,950 shares during the quarter. O’Reilly Automotive accounts for about 2.2% of CCLA Investment Management’s investment portfolio, making the stock its 15th largest holding. CCLA Investment Management owned 0.20% of O’Reilly Automotive worth $137,587,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of ORLY. Wealthspire Advisors LLC increased its stake in shares of O’Reilly Automotive by 2.4% in the second quarter. Wealthspire Advisors LLC now owns 521 shares of the specialty retailer’s stock worth $550,000 after acquiring an additional 12 shares during the last quarter. J.W. Cole Advisors Inc. grew its stake in O’Reilly Automotive by 6.0% in the second quarter. J.W. Cole Advisors Inc. now owns 548 shares of the specialty retailer’s stock valued at $579,000 after purchasing an additional 31 shares in the last quarter. Brown Brothers Harriman & Co. increased its position in O’Reilly Automotive by 79.8% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 570 shares of the specialty retailer’s stock worth $602,000 after purchasing an additional 253 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of O’Reilly Automotive by 10.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 154,366 shares of the specialty retailer’s stock worth $163,022,000 after purchasing an additional 14,071 shares in the last quarter. Finally, Quantbot Technologies LP lifted its holdings in shares of O’Reilly Automotive by 15.8% during the 2nd quarter. Quantbot Technologies LP now owns 3,885 shares of the specialty retailer’s stock valued at $4,103,000 after buying an additional 530 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insiders Place Their Bets

In related news, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction on 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 completion of the sale, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $1,204.33 on Wednesday. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,283.96. The company has a fifty day moving average price of $1,224.54 and a 200 day moving average price of $1,158.85. The stock has a market cap of $69.53 billion, a P/E ratio of 29.80, a PEG ratio of 2.58 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS 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 company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the company posted $10.72 EPS. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. As a group, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ORLY shares. Truist Financial increased their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Wedbush restated a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. BMO Capital Markets initiated coverage on shares of O’Reilly Automotive in a research note on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price objective for the company. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Finally, Wells Fargo & Company raised their target price on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a report on Monday, October 14th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,270.69.

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.