784 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Acquired by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise bought a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 784 shares of the specialty retailer’s stock, valued at approximately $885,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Czech National Bank increased its position in O’Reilly Automotive by 0.3% during the first quarter. Czech National Bank now owns 10,393 shares of the specialty retailer’s stock worth $11,732,000 after purchasing an additional 31 shares during the last quarter. Fulton Bank N.A. increased its holdings in shares of O’Reilly Automotive by 1.8% during the 1st quarter. Fulton Bank N.A. now owns 1,944 shares of the specialty retailer’s stock worth $2,195,000 after buying an additional 35 shares during the last quarter. Perpetual Ltd raised its position in shares of O’Reilly Automotive by 322.6% during 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 during the period. Welch Group LLC acquired a new position in O’Reilly Automotive in the first quarter valued at approximately $248,000. Finally, Alaska Permanent Fund Corp purchased a new position in shares of O’Reilly Automotive during the 1st quarter worth $205,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on ORLY. Evercore ISI upped their price target on O’Reilly Automotive from $1,265.00 to $1,275.00 and gave the stock an “outperform” rating in a research note on Thursday. Wedbush reiterated a “neutral” rating and issued a $1,100.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, April 25th. Wells Fargo & Company lowered their price objective on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research report on Thursday, April 25th. Truist Financial decreased their price target on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a research note on Friday, April 26th. Finally, Mizuho assumed coverage on shares of O’Reilly Automotive in a report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,123.64.

O’Reilly Automotive Trading Up 0.1 %

NASDAQ:ORLY opened at $1,081.79 on Friday. The firm has a market cap of $63.71 billion, a P/E ratio of 27.46, a PEG ratio of 1.98 and a beta of 0.89. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The stock’s 50 day simple moving average is $1,019.81 and its 200-day simple moving average is $1,030.16.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. The business had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $8.28 EPS. Research analysts forecast that O’Reilly Automotive, Inc. will post 41.93 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now owns 716 shares of the company’s stock, valued at $726,740. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the transaction, the chief executive officer now directly owns 716 shares in the company, valued at $726,740. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s 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 completion of the sale, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

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.