ASR Vermogensbeheer N.V. Takes Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Key Points

• ASR Vermogensbeheer N.V. has acquired a significant stake in O'Reilly Automotive, purchasing 21,137 shares valued at approximately $30.3 million during the 1st quarter.
• In the recent earnings report, O'Reilly Automotive posted earnings of $0.78 per share, matching analyst expectations, with revenue of $4.53 billion.
• Institutional investors now hold 85.00% of O'Reilly Automotive's stock, indicating strong interest from large financial entities in the company.

ASR Vermogensbeheer N.V. acquired a new stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 21,137 shares of the specialty retailer's stock, valued at approximately $30,278,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in ORLY. Bank of Jackson Hole Trust bought a new position in shares of O'Reilly Automotive during the 1st quarter valued at $25,000. HWG Holdings LP bought a new position in shares of O'Reilly Automotive during the 1st quarter valued at $26,000. HighMark Wealth Management LLC grew its holdings in shares of O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock valued at $29,000 after purchasing an additional 13 shares during the last quarter. Investment Management Corp VA ADV bought a new position in shares of O'Reilly Automotive during the 4th quarter valued at $37,000. Finally, Piscataqua Savings Bank bought a new position in shares of O'Reilly Automotive during the 1st quarter valued at $43,000. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Price Performance

NASDAQ:ORLY opened at $102.23 on Wednesday. O'Reilly Automotive, Inc. has a one year low of $73.11 and a one year high of $102.48. The company's 50-day simple moving average is $92.40 and its 200 day simple moving average is $90.75. The firm has a market capitalization of $87.39 billion, a P/E ratio of 36.55, a PEG ratio of 2.69 and a beta of 0.56.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The business's revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $10.55 earnings per share. On average, equities research analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Activity at O'Reilly Automotive

In other news, Director John Raymond Murphy sold 3,000 shares of the business's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $91.93, for a total transaction of $275,800.00. Following the completion of the transaction, the director directly owned 4,560 shares of the company's stock, valued at $419,216. The trade was a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Joseph Merz sold 29,505 shares of the business's stock in a transaction that occurred on Tuesday, July 29th. The shares were sold at an average price of $98.25, for a total transaction of $2,898,866.25. Following the transaction, the senior vice president directly owned 4,234 shares of the company's stock, valued at $415,990.50. The trade was a 87.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 67,840 shares of company stock valued at $6,421,556 over the last ninety days. Company insiders own 1.01% of the company's stock.

Wall Street Analysts Forecast Growth

ORLY has been the topic of a number of recent analyst reports. Barclays reissued an "equal weight" rating and issued a $86.00 price target on shares of O'Reilly Automotive in a report on Friday, July 25th. Guggenheim raised their price target on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, July 25th. UBS Group raised their price target on shares of O'Reilly Automotive from $105.00 to $115.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Mizuho raised their price target on shares of O'Reilly Automotive from $93.33 to $96.33 and gave the stock an "outperform" rating in a report on Friday, April 25th. Finally, Wells Fargo & Company raised their price target on shares of O'Reilly Automotive from $103.00 to $105.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Two analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, O'Reilly Automotive has a consensus rating of "Buy" and a consensus target price of $102.22.

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.

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