O'Reilly Automotive, Inc. (NASDAQ:ORLY) is Pelham Capital Ltd.'s 4th Largest Position

Pelham Capital Ltd. decreased its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 33.9% during the first quarter, according to the company in its most recent disclosure with the Securities & 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 accounts for 6.5% of Pelham Capital Ltd.'s portfolio, making the stock its 4th largest position. 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 have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its position in O'Reilly Automotive by 16.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer's stock valued at $33,227,000 after purchasing an additional 3,272 shares during the period. JPL Wealth Management LLC bought a new position in O'Reilly Automotive during the fourth quarter valued at approximately $3,123,000. Vaughan Nelson Investment Management L.P. lifted its position in O'Reilly Automotive by 7.0% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 149,393 shares of the specialty retailer's stock valued at $214,017,000 after purchasing an additional 9,741 shares during the period. Brookstone Capital Management bought a new position in O'Reilly Automotive during the first quarter valued at approximately $9,226,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in O'Reilly Automotive by 3.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,713 shares of the specialty retailer's stock valued at $13,889,000 after purchasing an additional 404 shares during the period. Hedge funds and other institutional investors own 85.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ORLY. Wells Fargo & Company increased their price objective on shares of O'Reilly Automotive from $95.00 to $103.33 and gave the company an "overweight" rating in a research report on Wednesday, April 16th. Wall Street Zen upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. DA Davidson increased their price target on shares of O'Reilly Automotive from $101.67 to $106.67 and gave the stock a "buy" rating in a research report on Friday, April 25th. Barclays increased their price target on shares of O'Reilly Automotive from $83.33 to $86.00 and gave the stock an "equal weight" rating in a research report on Monday, April 28th. Finally, BMO Capital Markets increased their price target on shares of O'Reilly Automotive from $96.67 to $100.00 and gave the stock an "outperform" rating in a research report on Friday, April 25th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, O'Reilly Automotive has a consensus rating of "Buy" and a consensus target price of $94.38.

Insider Activity at O'Reilly Automotive

In related news, SVP Ramon Parises Odems sold 30,000 shares of the firm's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $90.70, for a total transaction of $2,720,900.00. Following the completion of the transaction, the senior vice president directly owned 240 shares of the company's stock, valued at approximately $21,767.20. This trade represents a 99.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Najera Jose A. Montellano sold 285 shares of the firm's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $90.13, for a total transaction of $25,686.29. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,285 shares of company stock valued at $3,022,386. Corporate insiders own 1.01% of the company's stock.

O'Reilly Automotive Price Performance

Shares of ORLY stock traded down $0.76 on Friday, hitting $91.62. 3,870,427 shares of the stock traded hands, compared to its average volume of 5,486,747. The firm has a market cap of $78.32 billion, a price-to-earnings ratio of 33.68, a PEG ratio of 2.50 and a beta of 0.58. O'Reilly Automotive, Inc. has a 52 week low of $68.44 and a 52 week high of $97.22. The firm has a 50 day simple moving average of $90.64 and a two-hundred day simple moving average of $88.89.

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