Sapient Capital LLC Invests $23.26 Million in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Sapient Capital LLC bought a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 24,482 shares of the specialty retailer's stock, valued at approximately $23,260,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Geode Capital Management LLC grew its holdings in O'Reilly Automotive by 1.8% in the 1st quarter. Geode Capital Management LLC now owns 1,489,353 shares of the specialty retailer's stock valued at $1,262,904,000 after buying an additional 26,201 shares in the last quarter. Morgan Stanley boosted its position in shares of O'Reilly Automotive by 113.8% in the fourth quarter. Morgan Stanley now owns 1,193,792 shares of the specialty retailer's stock valued at $1,007,597,000 after acquiring an additional 635,416 shares during the period. Invesco Ltd. grew its stake in shares of O'Reilly Automotive by 3.7% in the third quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer's stock valued at $807,168,000 after acquiring an additional 31,487 shares in the last quarter. Jennison Associates LLC grew its stake in shares of O'Reilly Automotive by 8.0% in the third quarter. Jennison Associates LLC now owns 880,855 shares of the specialty retailer's stock valued at $800,574,000 after acquiring an additional 65,534 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in O'Reilly Automotive by 128.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 687,486 shares of the specialty retailer's stock worth $470,900,000 after acquiring an additional 386,822 shares during the period. Institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Performance

Shares of O'Reilly Automotive stock traded down $10.10 during midday trading on Thursday, hitting $1,083.00. 299,606 shares of the company traded hands, compared to its average volume of 367,822. The firm's fifty day moving average price is $1,088.08 and its 200-day moving average price is $1,001.72. The stock has a market cap of $63.93 billion, a price-to-earnings ratio of 28.24, a PEG ratio of 2.01 and a beta of 0.86. O'Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.07 by $0.19. O'Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same period in the prior year, the business earned $8.37 earnings per share. The company's revenue for the quarter was up 5.1% compared to the same quarter last year. Equities research analysts forecast that O'Reilly Automotive, Inc. will post 42.09 earnings per share for the current year.

Insider Buying and Selling at O'Reilly Automotive

In related news, EVP Doug D. Bragg sold 1,218 shares of O'Reilly Automotive stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the sale, the executive vice president now directly owns 5,533 shares in the company, valued at approximately $5,884,566.82. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, SVP Christopher Andrew Mancini sold 1,500 shares of the stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total value of $1,500,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Doug D. Bragg sold 1,218 shares of O'Reilly Automotive stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares in the company, valued at $5,884,566.82. The disclosure for this sale can be found here. Over the last three months, insiders sold 27,468 shares of company stock worth $28,769,333. 1.18% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of analyst reports. Stephens restated an "overweight" rating and set a $1,060.00 target price on shares of O'Reilly Automotive in a research report on Tuesday, December 19th. Mizuho assumed coverage on O'Reilly Automotive in a research report on Tuesday, March 19th. They set a "buy" rating and a $1,225.00 price target on the stock. Evercore ISI lifted their price objective on O'Reilly Automotive from $1,235.00 to $1,240.00 and gave the company an "outperform" rating in a report on Tuesday, April 2nd. Truist Financial increased their target price on O'Reilly Automotive from $1,149.00 to $1,234.00 and gave the stock a "buy" rating in a report on Tuesday, April 2nd. Finally, Wedbush raised their price target on O'Reilly Automotive from $940.00 to $1,100.00 and gave the stock a "neutral" rating in a research report on Thursday, February 8th. Five equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $1,090.76.

O'Reilly Automotive Company 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.