Duality Advisers LP Acquires 49 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Duality Advisers LP grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 5.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,022 shares of the specialty retailer’s stock after buying an additional 49 shares during the period. Duality Advisers LP’s holdings in O’Reilly Automotive were worth $1,154,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mawer Investment Management Ltd. raised its position in shares of O’Reilly Automotive by 99.0% during the first quarter. Mawer Investment Management Ltd. now owns 5,221 shares of the specialty retailer’s stock worth $5,894,000 after purchasing an additional 2,597 shares during the period. Manchester Capital Management LLC raised its position in shares of O’Reilly Automotive by 4.1% during the first quarter. Manchester Capital Management LLC now owns 581 shares of the specialty retailer’s stock worth $656,000 after purchasing an additional 23 shares during the period. Advisory Alpha LLC acquired a new position in shares of O’Reilly Automotive during the first quarter worth approximately $252,000. Mitchell Capital Management Co. raised its position in shares of O’Reilly Automotive by 5.6% during the first quarter. Mitchell Capital Management Co. now owns 6,135 shares of the specialty retailer’s stock worth $6,926,000 after purchasing an additional 326 shares during the period. Finally, Flossbach Von Storch AG acquired a new position in shares of O’Reilly Automotive during the first quarter worth approximately $3,660,000. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Stock Performance

NASDAQ ORLY traded up $11.47 during trading hours on Friday, hitting $1,044.46. The company had a trading volume of 231,535 shares, compared to its average volume of 394,387. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The firm has a 50 day simple moving average of $1,012.71 and a 200 day simple moving average of $1,037.49. The firm has a market capitalization of $61.51 billion, a price-to-earnings ratio of 26.22, a PEG ratio of 1.89 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, beating the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The firm had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. During the same quarter last year, the firm posted $8.28 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. On average, research analysts forecast that O’Reilly Automotive, Inc. will post 41.86 earnings per share for the current year.

Analyst Ratings Changes

ORLY has been the subject of a number of analyst reports. Mizuho initiated coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target for the company. StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Wells Fargo & Company decreased their target price on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research report on Thursday, April 25th. Truist Financial decreased their target price on O’Reilly Automotive from $1,212.00 to $1,143.00 and set a “buy” rating for the company in a research report on Tuesday, July 2nd. Finally, Wedbush reiterated a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday, April 25th. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus target price of $1,116.93.

Get Our Latest Analysis on O’Reilly Automotive

Insider Activity at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now directly owns 716 shares of the company’s stock, valued at approximately $726,740. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now directly owns 716 shares of the company’s stock, valued at approximately $726,740. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total value of $1,424,250.00. Following the transaction, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report).

Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.