Vontobel Holding Ltd. Purchases 162 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Vontobel Holding Ltd. boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 22.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 899 shares of the specialty retailer’s stock after acquiring an additional 162 shares during the period. Vontobel Holding Ltd.’s holdings in O’Reilly Automotive were worth $1,035,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of ORLY. JPMorgan Chase & Co. grew its stake in shares of O’Reilly Automotive by 56.2% during the first quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock worth $1,180,259,000 after acquiring an additional 376,167 shares during the last quarter. CCLA Investment Management purchased a new stake in O’Reilly Automotive during the 1st quarter worth approximately $95,481,000. Marshall Wace LLP increased its stake in O’Reilly Automotive by 809.8% during the 2nd quarter. Marshall Wace LLP now owns 90,978 shares of the specialty retailer’s stock valued at $96,078,000 after purchasing an additional 80,978 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of O’Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer’s stock worth $5,739,462,000 after buying an additional 75,837 shares during the last quarter. Finally, Swedbank AB acquired a new stake in shares of O’Reilly Automotive during the first quarter worth $73,661,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Up 0.6 %

ORLY stock opened at $1,210.96 on Monday. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,221.05. The firm has a market cap of $71.32 billion, a P/E ratio of 30.74, a PEG ratio of 2.29 and a beta of 0.92. The company’s 50-day simple moving average is $1,142.14 and its 200-day simple moving average is $1,078.34.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly 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). The business had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.32 billion. O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $10.22 EPS. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 41.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. upped their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Truist Financial raised their price objective on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research note on Monday, October 14th. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Bank of America raised their price target on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Finally, DA Davidson lifted their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Three equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,206.87.

Insider Activity

In related news, Director Dana Perlman sold 48 shares of the business’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.48. Following the completion of the sale, the director now owns 1,097 shares of the company’s stock, valued at approximately $1,217,406.72. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the completion of the transaction, the senior vice president now owns 265 shares of the company’s stock, valued at $296,800. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dana Perlman sold 48 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total value of $53,268.48. Following the completion of the sale, the director now directly owns 1,097 shares in the company, valued at $1,217,406.72. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 50,411 shares of company stock worth $56,846,062 in the last quarter. Corporate insiders own 1.55% of the company’s stock.

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.