O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by Beacon Capital Management LLC

Beacon Capital Management LLC grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 76.3% during the 1st quarter, Holdings Channel reports. The firm owned 67 shares of the specialty retailer’s stock after buying an additional 29 shares during the period. Beacon Capital Management LLC’s holdings in O’Reilly Automotive were worth $76,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ORLY. Nordea Investment Management AB boosted its position in O’Reilly Automotive by 3.8% during the first quarter. Nordea Investment Management AB now owns 60,057 shares of the specialty retailer’s stock worth $68,327,000 after acquiring an additional 2,214 shares during the last quarter. Fortune Financial Advisors LLC boosted its position in O’Reilly Automotive by 2.4% during the fourth quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock worth $2,325,000 after acquiring an additional 57 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its position in O’Reilly Automotive by 5.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 14,814 shares of the specialty retailer’s stock worth $16,723,000 after acquiring an additional 701 shares during the last quarter. Perpetual Ltd boosted its position in O’Reilly Automotive by 322.6% during the first quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock worth $1,289,000 after acquiring an additional 871 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in O’Reilly Automotive by 656.2% during the fourth quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock worth $434,780,000 after acquiring an additional 397,108 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other O’Reilly Automotive news, 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 owns 31,613 shares of the company’s stock, valued at $30,016,543.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Lawrence P. Oreilly sold 1,500 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the sale, the director now owns 31,613 shares of the company’s stock, valued at $30,016,543.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Philip M. Hopper 1,023 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 30th. The disclosure for this trade can be found here. 1.55% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on ORLY shares. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. UBS Group cut their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research report on Thursday, July 18th. Royal Bank of Canada lowered their price target on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a research report on Friday, July 26th. Wedbush reiterated a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday, July 25th. Finally, Truist Financial raised their target price on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Four investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,130.67.

O’Reilly Automotive Trading Up 0.6 %

NASDAQ ORLY traded up $7.06 during trading hours on Thursday, reaching $1,133.40. The company’s stock had a trading volume of 330,021 shares, compared to its average volume of 397,850. The business has a 50-day simple moving average of $1,029.42 and a 200 day simple moving average of $1,050.81. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The stock has a market cap of $66.75 billion, a PE ratio of 28.70, a PEG ratio of 2.17 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The business had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.32 billion. During the same period in the prior year, the business earned $10.22 EPS. The business’s revenue was up 5.0% on a year-over-year basis. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 41.14 EPS for the current year.

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.