O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 23.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 124,702 shares of the specialty retailer’s stock after buying an additional 23,883 shares during the quarter. Epoch Investment Partners Inc.’s holdings in O’Reilly Automotive were worth $131,693,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in ORLY. Nordea Investment Management AB raised 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. Bank Pictet & Cie Asia Ltd. purchased a new position in shares of O’Reilly Automotive during the 2nd quarter worth approximately $800,000. O Shaughnessy Asset Management LLC raised its position in shares of O’Reilly Automotive by 5.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,814 shares of the specialty retailer’s stock worth $16,723,000 after purchasing an additional 701 shares during the last quarter. Perpetual Ltd lifted its stake in O’Reilly Automotive by 322.6% in the 1st quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock valued at $1,289,000 after buying an additional 871 shares in the last quarter. Finally, Wellington Management Group LLP lifted its stake in O’Reilly Automotive by 656.2% in the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock valued at $434,780,000 after buying an additional 397,108 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Dana Perlman sold 48 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $1,217,406.72. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 50,411 shares of company stock worth $56,846,062. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Down 0.6 %

Shares of NASDAQ ORLY opened at $1,109.05 on Friday. The stock has a market capitalization of $64.34 billion, a PE ratio of 28.15, a P/E/G ratio of 2.15 and a beta of 0.92. The firm has a fifty day moving average of $1,111.26 and a 200-day moving average of $1,072.40. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). The firm had revenue of $4.27 billion for the quarter, compared to analyst estimates 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 was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $10.22 earnings per share. Equities research analysts expect that O’Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on ORLY shares. Wedbush reissued a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday, July 25th. Truist Financial boosted their target price on shares of 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. Wells Fargo & Company raised their price target on shares of O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. DA Davidson boosted 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 report on Friday, July 26th. Finally, Evercore ISI raised their target price on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,144.06.

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.