Waverton Investment Management Ltd Has $45.11 Million Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Waverton Investment Management Ltd lowered its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 21.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,505 shares of the specialty retailer's stock after selling 8,783 shares during the period. Waverton Investment Management Ltd owned about 0.06% of O'Reilly Automotive worth $45,114,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of O'Reilly Automotive by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 5,163,271 shares of the specialty retailer's stock worth $6,122,607,000 after acquiring an additional 17,325 shares in the last quarter. GAMMA Investing LLC grew its position in shares of O'Reilly Automotive by 175,115.6% in the 1st quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after purchasing an additional 1,821,202 shares during the period. FMR LLC grew its position in shares of O'Reilly Automotive by 0.8% in the 4th quarter. FMR LLC now owns 1,443,540 shares of the specialty retailer's stock valued at $1,711,750,000 after purchasing an additional 11,039 shares during the period. Invesco Ltd. increased its stake in O'Reilly Automotive by 6.2% during the 4th quarter. Invesco Ltd. now owns 799,848 shares of the specialty retailer's stock worth $948,460,000 after purchasing an additional 46,979 shares in the last quarter. Finally, Norges Bank acquired a new stake in O'Reilly Automotive during the 4th quarter worth approximately $867,190,000. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Trading Up 1.1%

NASDAQ:ORLY traded up $0.97 on Monday, hitting $90.13. The company's stock had a trading volume of 5,245,319 shares, compared to its average volume of 5,517,383. O'Reilly Automotive, Inc. has a one year low of $67.24 and a one year high of $97.22. The firm has a market capitalization of $77.05 billion, a P/E ratio of 33.13, a price-to-earnings-growth ratio of 2.43 and a beta of 0.60. The stock has a fifty day moving average of $90.84 and a two-hundred day moving average of $88.24.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results 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). O'Reilly Automotive had a net margin of 14.10% and a negative return on equity of 167.25%. The business had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.18 billion. During the same period in the prior year, the business earned $0.61 EPS. The company's revenue for the quarter was up 4.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Guggenheim reiterated a "buy" rating and issued a $98.33 price target on shares of O'Reilly Automotive in a report on Monday, March 10th. Wall Street Zen raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research note on Thursday, April 3rd. Mizuho increased their target price on O'Reilly Automotive from $93.33 to $96.33 and gave the stock an "outperform" rating in a report on Friday, April 25th. Wells Fargo & Company boosted their price target on O'Reilly Automotive from $95.00 to $103.33 and gave the company an "overweight" rating in a report on Wednesday, April 16th. Finally, BMO Capital Markets increased their price objective on O'Reilly Automotive from $96.67 to $100.00 and gave the stock an "outperform" rating in a report on Friday, April 25th. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $94.30.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Ramon Parises Odems sold 30,000 shares of O'Reilly Automotive stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $90.70, for a total value of $2,720,900.00. Following the completion of the sale, the senior vice president now owns 240 shares in the company, valued at $21,767.20. The trade was a 99.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Raymond Murphy sold 3,000 shares of the stock in a transaction that occurred 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 transaction, the director now owns 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. In the last 90 days, insiders have sold 33,285 shares of company stock worth $3,022,386. Insiders own 1.01% of the company's stock.

About O'Reilly Automotive

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.