UniSuper Management Pty Ltd Grows Holdings in O’Reilly Automotive, Inc. $ORLY

UniSuper Management Pty Ltd boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 246,718 shares of the specialty retailer’s stock after buying an additional 8,578 shares during the quarter. UniSuper Management Pty Ltd’s holdings in O’Reilly Automotive were worth $26,599,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Oakworth Capital Inc. boosted its holdings in O’Reilly Automotive by 1,257.1% in the second quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 264 shares during the last quarter. HighMark Wealth Management LLC raised its position in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares in the last quarter. Canton Hathaway LLC boosted its stake in shares of O’Reilly Automotive by 1,400.0% during the 2nd quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 280 shares during the last quarter. ORG Partners LLC grew its position in shares of O’Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after buying an additional 277 shares in the last quarter. Finally, Nemes Rush Group LLC grew its position in shares of O’Reilly Automotive by 1,400.0% during the second quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock worth $28,000 after buying an additional 294 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 2,355 shares of the stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the sale, the senior vice president directly owned 28 shares of the company’s stock, valued at $2,836.68. This trade represents a 98.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the transaction, the director directly owned 8,125 shares of the company’s stock, valued at approximately $752,375. This trade represents a 27.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,980 shares of company stock worth $882,335 in the last three months. 1.01% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Robert W. Baird upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. Morgan Stanley set a $110.00 target price on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research note on Thursday, January 15th. Wolfe Research upgraded O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 22nd. Raymond James Financial raised O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price objective for the company in a report on Wednesday, November 5th. Finally, Truist Financial set a $109.00 price objective on O’Reilly Automotive in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and a consensus target price of $111.80.

O’Reilly Automotive Stock Up 0.4%

Shares of ORLY stock opened at $99.23 on Friday. The business has a 50 day moving average of $95.42 and a two-hundred day moving average of $98.74. O’Reilly Automotive, Inc. has a 52 week low of $82.90 and a 52 week high of $108.71. The company has a market cap of $83.76 billion, a P/E ratio of 34.38, a PEG ratio of 2.10 and a beta of 0.63.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.02. The business had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm earned $11.41 EPS. Analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.