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O'Reilly Automotive, Inc. (NASDAQ:ORLY) is Pelham Capital Ltd.'s 4th Largest Position


O'Reilly Automotive, Inc. (NASDAQ:ORLY) is Pelham Capital Ltd.'s 4th Largest Position

Pelham Capital Ltd. grew its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 21.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,970 shares of the specialty retailer's stock after purchasing an additional 2,256 shares during the period. O'Reilly Automotive makes up about 9.0% of Pelham Capital Ltd.'s holdings, making the stock its 4th largest position. Pelham Capital Ltd.'s holdings in O'Reilly Automotive were worth $15,380,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Asset Dedication LLC raised its stake in shares of O'Reilly Automotive by 6.2% during the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer's stock worth $178,000 after buying an additional 9 shares during the last quarter. Marks Group Wealth Management Inc raised its position in O'Reilly Automotive by 1.5% during the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer's stock worth $697,000 after acquiring an additional 9 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of O'Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer's stock valued at $132,000 after purchasing an additional 9 shares in the last quarter. Metis Global Partners LLC grew its position in shares of O'Reilly Automotive by 0.5% in the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer's stock valued at $2,145,000 after purchasing an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company increased its stake in shares of O'Reilly Automotive by 1.4% during the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer's stock worth $753,000 after purchasing an additional 9 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

NASDAQ:ORLY opened at $1,316.75 on Friday. O'Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,350.27. The company has a market cap of $76.02 billion, a PE ratio of 32.38, a P/E/G ratio of 2.50 and a beta of 0.94. The business's 50 day moving average is $1,242.12 and its two-hundred day moving average is $1,187.34.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts' consensus estimates of $9.73 by $0.23. O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. As a group, sell-side analysts expect that O'Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

In other O'Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the transaction, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This represents a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Andrea Weiss sold 600 shares of the business's 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 transaction, the director now owns 700 shares of the company's stock, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

A number of research firms have recently weighed in on ORLY. Mizuho boosted their price target on O'Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an "outperform" rating in a report on Friday. Wells Fargo & Company lifted their price objective on O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an "overweight" rating in a research report on Tuesday, January 28th. BMO Capital Markets initiated coverage on shares of O'Reilly Automotive in a report on Friday, December 13th. They set an "outperform" rating and a $1,400.00 price objective on the stock. 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 note on Friday. Finally, 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 report on Friday, October 25th. 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. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $1,374.88.

Get Our Latest Analysis on 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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