O’Reilly Automotive, Inc. (NASDAQ:ORLY) Position Boosted by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 18.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 854 shares of the specialty retailer’s stock after acquiring an additional 132 shares during the period. Fidelis Capital Partners LLC’s holdings in O’Reilly Automotive were worth $811,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Geode Capital Management LLC lifted its holdings in O’Reilly Automotive by 1.8% in the first quarter. Geode Capital Management LLC now owns 1,489,353 shares of the specialty retailer’s stock worth $1,262,904,000 after acquiring an additional 26,201 shares during the last quarter. Morgan Stanley increased its stake in shares of O’Reilly Automotive by 113.8% in the fourth quarter. Morgan Stanley now owns 1,193,792 shares of the specialty retailer’s stock valued at $1,007,597,000 after purchasing an additional 635,416 shares during the period. Invesco Ltd. increased its stake in shares of O’Reilly Automotive by 3.7% in the third quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer’s stock valued at $807,168,000 after purchasing an additional 31,487 shares during the period. Jennison Associates LLC increased its stake in shares of O’Reilly Automotive by 8.0% in the third quarter. Jennison Associates LLC now owns 880,855 shares of the specialty retailer’s stock valued at $800,574,000 after purchasing an additional 65,534 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of O’Reilly Automotive by 128.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 687,486 shares of the specialty retailer’s stock valued at $470,900,000 after purchasing an additional 386,822 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.7 %

ORLY traded down $7.30 during trading on Friday, hitting $1,093.76. The stock had a trading volume of 53,567 shares, compared to its average volume of 362,265. The firm has a market cap of $64.56 billion, a PE ratio of 28.61, a P/E/G ratio of 1.99 and a beta of 0.86. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The company has a 50 day simple moving average of $1,092.68 and a 200-day simple moving average of $1,008.14.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, topping the consensus estimate of $9.07 by $0.19. The firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The business’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $8.37 EPS. As a group, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the transaction, the chief financial officer now owns 2,335 shares in the company, valued at approximately $2,400,380. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of O’Reilly Automotive stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the sale, the chief financial officer now directly owns 2,335 shares in the company, valued at approximately $2,400,380. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jeffrey Alan Lauro sold 431 shares of O’Reilly Automotive stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the sale, the senior vice president now owns 963 shares in the company, valued at $1,000,200.69. The disclosure for this sale can be found here. Insiders have sold 25,968 shares of company stock worth $27,269,333 in the last quarter. 1.55% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ORLY shares. Royal Bank of Canada raised their price target on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a research note on Friday, February 9th. Truist Financial raised their price objective on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a research note on Tuesday, April 2nd. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Tuesday. Barclays lifted their price target on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 4th. Finally, Mizuho began coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,102.53.

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.