Mitsubishi UFJ Asset Management Co. Ltd. Grows Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,343 shares of the specialty retailer's stock after acquiring an additional 3,132 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.11% of O'Reilly Automotive worth $58,834,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Washington Trust Advisors Inc. raised its holdings in shares of O'Reilly Automotive by 31.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer's stock worth $52,000 after acquiring an additional 13 shares in the last quarter. Financial Management Professionals Inc. raised its position in O'Reilly Automotive by 29.5% during the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer's stock valued at $54,000 after acquiring an additional 13 shares in the last quarter. Venturi Wealth Management LLC lifted its stake in O'Reilly Automotive by 57.5% in the third quarter. Venturi Wealth Management LLC now owns 63 shares of the specialty retailer's stock valued at $57,000 after acquiring an additional 23 shares during the last quarter. First Financial Corp IN grew its position in O'Reilly Automotive by 38.6% in the fourth quarter. First Financial Corp IN now owns 61 shares of the specialty retailer's stock worth $58,000 after acquiring an additional 17 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC increased its stake in shares of O'Reilly Automotive by 81.1% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer's stock worth $63,000 after purchasing an additional 30 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Doug D. Bragg sold 1,218 shares of the company's stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the completion of 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 is accessible through this hyperlink. In other O'Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of the business's 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 completion of the transaction, the executive vice president now directly owns 5,533 shares in the company, valued at $5,884,566.82. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Brad W. Beckham sold 6,032 shares of the firm's stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the sale, the chief executive officer now directly owns 716 shares in the company, valued at approximately $726,740. The disclosure for this sale can be found here. Insiders sold 26,300 shares of company stock worth $27,524,597 in the last quarter. 1.18% of the stock is currently owned by corporate insiders.

O'Reilly Automotive Stock Performance

ORLY stock traded up $3.61 during midday trading on Wednesday, hitting $1,010.38. 355,269 shares of the company's stock were exchanged, compared to its average volume of 377,500. The stock's fifty day moving average price is $1,085.09 and its 200-day moving average price is $1,025.74. The company has a market cap of $59.50 billion, a PE ratio of 25.86, a price-to-earnings-growth ratio of 1.91 and a beta of 0.90. O'Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, beating the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. O'Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The company's revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $8.28 earnings per share. On average, analysts expect that O'Reilly Automotive, Inc. will post 41.93 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ORLY. Truist Financial reduced their price objective on shares of O'Reilly Automotive from $1,234.00 to $1,212.00 and set a "buy" rating for the company in a research note on Friday, April 26th. StockNews.com downgraded O'Reilly Automotive from a "buy" rating to a "hold" rating in a research report on Friday, May 3rd. The Goldman Sachs Group increased their price objective on O'Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a "buy" rating in a research report on Friday, February 9th. Mizuho started coverage on shares of O'Reilly Automotive in a report on Tuesday, March 19th. They issued a "buy" rating and a $1,225.00 price target for the company. Finally, Evercore ISI boosted their price objective on shares of O'Reilly Automotive from $1,255.00 to $1,275.00 and gave the stock an "outperform" rating in a report on Tuesday. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $1,123.64.

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.