Pelham Capital Ltd. Sells 4,395 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Pelham Capital Ltd. lessened its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 33.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,575 shares of the specialty retailer's stock after selling 4,395 shares during the quarter. O'Reilly Automotive makes up approximately 6.5% of Pelham Capital Ltd.'s holdings, making the stock its 4th biggest holding. Pelham Capital Ltd.'s holdings in O'Reilly Automotive were worth $12,284,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Carolinas Wealth Consulting LLC grew its holdings in O'Reilly Automotive by 14.3% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock worth $76,000 after acquiring an additional 8 shares during the period. Marcum Wealth LLC boosted its position in shares of O'Reilly Automotive by 4.0% during the first quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock worth $301,000 after purchasing an additional 8 shares in the last quarter. Adero Partners LLC boosted its position in shares of O'Reilly Automotive by 1.9% during the first quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock worth $609,000 after purchasing an additional 8 shares in the last quarter. Avior Wealth Management LLC grew its holdings in shares of O'Reilly Automotive by 3.5% in the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock valued at $342,000 after buying an additional 8 shares during the period. Finally, Alcosta Capital Management Inc. raised its stake in O'Reilly Automotive by 0.3% during the 4th quarter. Alcosta Capital Management Inc. now owns 3,156 shares of the specialty retailer's stock worth $3,742,000 after buying an additional 9 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ORLY shares. DA Davidson boosted their target price on O'Reilly Automotive from $101.67 to $106.67 and gave the company a "buy" rating in a research note on Friday, April 25th. Wells Fargo & Company increased their price objective on O'Reilly Automotive from $95.00 to $103.33 and gave the company an "overweight" rating in a report on Wednesday, April 16th. Wall Street Zen upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. Royal Bank Of Canada reiterated an "outperform" rating and issued a $98.00 price target on shares of O'Reilly Automotive in a research note on Wednesday, July 2nd. Finally, BMO Capital Markets boosted their price objective on shares of O'Reilly Automotive from $96.67 to $100.00 and gave the stock an "outperform" rating in a research note on Friday, April 25th. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, O'Reilly Automotive presently has a consensus rating of "Buy" and an average price target of $94.38.

Insiders Place Their Bets

In related news, SVP Najera Jose A. Montellano sold 285 shares of O'Reilly Automotive stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $90.13, for a total value of $25,686.29. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director John Raymond Murphy sold 3,000 shares of the business's stock in a transaction on Monday, May 19th. The stock was sold at an average price of $91.93, for a total transaction of $275,800.00. Following the sale, the director directly owned 4,560 shares in the company, valued at approximately $419,216. The trade was a 39.68% decrease in their position. The disclosure for this sale can be found here. Insiders sold 33,285 shares of company stock worth $3,022,386 over the last three months. Insiders own 1.01% of the company's stock.

O'Reilly Automotive Trading Down 0.6%

ORLY stock traded down $0.52 during mid-day trading on Friday, hitting $91.86. 2,418,577 shares of the company were exchanged, compared to its average volume of 5,485,835. The business has a 50 day simple moving average of $90.69 and a 200-day simple moving average of $88.71. The stock has a market capitalization of $78.53 billion, a PE ratio of 33.76, a price-to-earnings-growth ratio of 2.52 and a beta of 0.58. O'Reilly Automotive, Inc. has a 1-year low of $68.07 and a 1-year high of $97.22.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.04). The company had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.18 billion. O'Reilly Automotive had a negative return on equity of 167.25% and a net margin of 14.10%. The company's revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the business earned $0.61 earnings per share. Equities research analysts expect that O'Reilly Automotive, Inc. will post 43.94 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.