Asset Management One Co. Ltd. Sells 109 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Asset Management One Co. Ltd. lessened its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 24,003 shares of the specialty retailer’s stock after selling 109 shares during the period. Asset Management One Co. Ltd.’s holdings in O’Reilly Automotive were worth $28,740,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Wellington Management Group LLP grew its holdings in O’Reilly Automotive by 73.0% during the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock valued at $1,986,874,000 after purchasing an additional 728,040 shares during the period. Geode Capital Management LLC boosted its stake in shares of O’Reilly Automotive by 1.7% in the third quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock worth $1,700,513,000 after acquiring an additional 24,135 shares during the period. International Assets Investment Management LLC boosted its stake in shares of O’Reilly Automotive by 99,957.0% in the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after acquiring an additional 853,633 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of O’Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock worth $692,816,000 after acquiring an additional 133,139 shares during the period. Finally, Mizuho Securities USA LLC boosted its stake in shares of O’Reilly Automotive by 10,626.8% in the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock worth $5,393,000 after acquiring an additional 482,670 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of ORLY stock opened at $1,318.80 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,350.27. The stock’s 50 day simple moving average is $1,248.55 and its two-hundred day simple moving average is $1,194.23. The company has a market cap of $76.13 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. Equities research analysts expect that O’Reilly Automotive, Inc. will post 44.16 EPS for the current year.

Insider Transactions at O’Reilly Automotive

In other news, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred 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 sale, the director now directly owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Maria Sastre sold 248 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the sale, the director now owns 971 shares in the company, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,968 shares of company stock worth $2,492,394. 1.55% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. UBS Group upped their price objective on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. TD Cowen upped their price objective on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Evercore ISI upped their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Truist Financial upped their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Royal Bank of Canada increased their price target on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen 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 presently has an average rating of “Buy” and an average price target of $1,390.81.

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.