Cwm LLC Has $2.27 Million Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Cwm LLC raised its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 51.9% during the first quarter, Holdings Channel reports. The firm owned 2,013 shares of the specialty retailer’s stock after buying an additional 688 shares during the period. Cwm LLC’s holdings in O’Reilly Automotive were worth $2,272,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of O’Reilly Automotive in the 4th quarter worth approximately $671,384,000. International Assets Investment Management LLC boosted its holdings in shares of O’Reilly Automotive by 89,319.3% in the 4th quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock worth $621,025,000 after acquiring an additional 652,924 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of 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 worth $434,780,000 after acquiring an additional 397,108 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of O’Reilly Automotive by 269.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer’s stock worth $205,965,000 after acquiring an additional 158,075 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado boosted its holdings in shares of O’Reilly Automotive by 4,574.1% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 129,145 shares of the specialty retailer’s stock worth $122,698,000 after acquiring an additional 126,382 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ORLY has been the topic of several recent analyst reports. Wedbush reissued a “neutral” rating and issued a $1,100.00 target price on shares of O’Reilly Automotive in a report on Thursday, April 25th. UBS Group increased their price objective on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Mizuho assumed coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective on the stock. StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Finally, Evercore ISI increased their price objective on O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the company an “outperform” rating in a research report on Tuesday, May 14th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,123.64.

Insider Activity

In related news, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s stock in a transaction 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 sale, the director now owns 31,613 shares of the company’s stock, valued at approximately $30,016,543.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the sale, the chief executive officer now owns 716 shares of the company’s stock, valued at approximately $726,740. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total value of $1,424,250.00. Following the sale, the director now directly owns 31,613 shares in the company, valued at approximately $30,016,543.50. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive Stock Up 1.3 %

ORLY stock opened at $1,056.65 on Thursday. The business’s fifty day moving average is $1,019.76 and its 200-day moving average is $1,029.12. The company has a market cap of $62.23 billion, a P/E ratio of 26.82, a price-to-earnings-growth ratio of 1.94 and a beta of 0.89. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11.

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