Sienna Gestion Has $295,000 Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Sienna Gestion increased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 12.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 279 shares of the specialty retailer’s stock after acquiring an additional 31 shares during the quarter. Sienna Gestion’s holdings in O’Reilly Automotive were worth $295,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of ORLY. CCLA Investment Management grew its stake in O’Reilly Automotive by 44.0% in the second quarter. CCLA Investment Management now owns 120,993 shares of the specialty retailer’s stock valued at $127,780,000 after acquiring an additional 36,962 shares during the period. Marsico Capital Management LLC lifted its holdings in shares of O’Reilly Automotive by 41.8% in the 2nd quarter. Marsico Capital Management LLC now owns 27,924 shares of the specialty retailer’s stock worth $29,489,000 after purchasing an additional 8,238 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in O’Reilly Automotive by 5.5% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,392 shares of the specialty retailer’s stock valued at $6,750,000 after purchasing an additional 333 shares during the period. Tredje AP fonden increased its stake in O’Reilly Automotive by 7.3% during the 2nd quarter. Tredje AP fonden now owns 39,900 shares of the specialty retailer’s stock valued at $42,137,000 after purchasing an additional 2,700 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. raised its holdings in O’Reilly Automotive by 1.0% during the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,675 shares of the specialty retailer’s stock worth $1,769,000 after buying an additional 17 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of analyst reports. Truist Financial lifted their price objective on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the company a “buy” rating in a report on Friday, July 26th. Royal Bank of Canada decreased their price objective on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a report on Friday, July 26th. Bank of America raised their target price on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. UBS Group decreased their price target on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a report on Thursday, July 18th. Finally, Wedbush restated a “neutral” rating and set a $1,100.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, July 25th. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,144.06.

Insider Activity

In related news, SVP Mark Joseph Merz sold 413 shares of O’Reilly Automotive stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total value of $462,560.00. Following the completion of the sale, the senior vice president now owns 265 shares of the company’s stock, valued at approximately $296,800. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s 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 this hyperlink. Also, SVP Mark Joseph Merz sold 413 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, July 30th. The shares were 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. The disclosure for this sale can be found here. Insiders have sold 50,411 shares of company stock valued at $56,846,062 in the last 90 days. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $1,115.65 on Friday. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The firm’s 50-day simple moving average is $1,109.88 and its two-hundred day simple moving average is $1,072.23. The firm has a market cap of $64.72 billion, a price-to-earnings ratio of 28.32, a P/E/G ratio of 2.13 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The company had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.32 billion. During the same period last year, the firm posted $10.22 EPS. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Analysts forecast that O’Reilly Automotive, Inc. will post 41.13 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.