Mawer Investment Management Ltd. Has $8.75 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Mawer Investment Management Ltd. boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 7,601 shares of the specialty retailer’s stock after purchasing an additional 238 shares during the period. Mawer Investment Management Ltd.’s holdings in O’Reilly Automotive were worth $8,753,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Trifecta Capital Advisors LLC increased its position in O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 23 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in O’Reilly Automotive in the 3rd quarter worth $37,000. Princeton Global Asset Management LLC bought a new position in shares of O’Reilly Automotive during the 3rd quarter worth about $41,000. Crewe Advisors LLC bought a new stake in shares of O’Reilly Automotive in the first quarter valued at about $43,000. Finally, Kings Path Partners LLC acquired a new stake in O’Reilly Automotive during the second quarter worth about $44,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.55% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

ORLY has been the topic of several analyst reports. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. TD Cowen raised their price target on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. Wells Fargo & Company boosted their price objective on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. Truist Financial upped their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Finally, Barclays lifted their price target on shares of O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,242.13.

O’Reilly Automotive Stock Down 0.2 %

Shares of O’Reilly Automotive stock traded down $2.04 during trading on Monday, reaching $1,211.33. The company’s stock had a trading volume of 8,294 shares, compared to its average volume of 373,643. The firm has a market cap of $69.93 billion, a PE ratio of 30.02, a P/E/G ratio of 2.46 and a beta of 0.92. O’Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,255.30. The business’s 50-day moving average price is $1,170.83 and its 200-day moving average price is $1,095.48.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $10.72 EPS. Equities analysts predict that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

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.