CWM LLC boosted its holdings in O’Reilly Automotive Inc (NASDAQ:ORLY) by 132.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 588 shares of the specialty retailer’s stock after purchasing an additional 335 shares during the quarter. CWM LLC’s holdings in O’Reilly Automotive were worth $228,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of ORLY. Virtus ETF Advisers LLC purchased a new stake in O’Reilly Automotive during the 4th quarter valued at $25,000. CX Institutional purchased a new stake in O’Reilly Automotive in the first quarter worth $35,000. Berman Capital Advisors LLC purchased a new stake in O’Reilly Automotive in the fourth quarter worth $31,000. Paragon Capital Management LLC purchased a new stake in O’Reilly Automotive in the first quarter worth $39,000. Finally, CNB Bank purchased a new stake in O’Reilly Automotive in the fourth quarter worth $35,000. Institutional investors and hedge funds own 87.65% of the company’s stock.
NASDAQ ORLY traded up $5.98 during trading on Wednesday, hitting $368.62. The company’s stock had a trading volume of 855,159 shares, compared to its average volume of 695,123. The company has a debt-to-equity ratio of 9.29, a quick ratio of 0.10 and a current ratio of 0.84. The company has a market cap of $28.43 billion, a PE ratio of 22.90, a P/E/G ratio of 1.29 and a beta of 0.81. O’Reilly Automotive Inc has a fifty-two week low of $265.11 and a fifty-two week high of $414.63.
O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, April 24th. The specialty retailer reported $4.05 earnings per share for the quarter, hitting the consensus estimate of $4.05. O’Reilly Automotive had a return on equity of 333.23% and a net margin of 13.87%. The business had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same quarter last year, the company earned $3.61 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis. On average, sell-side analysts predict that O’Reilly Automotive Inc will post 17.77 earnings per share for the current fiscal year.
A number of analysts have weighed in on ORLY shares. Zacks Investment Research lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, January 25th. BidaskClub upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Friday, March 22nd. Credit Suisse Group restated a “hold” rating and set a $318.00 price target on shares of O’Reilly Automotive in a research note on Tuesday, February 5th. Morgan Stanley raised their price target on O’Reilly Automotive from $385.00 to $400.00 and gave the company an “equal weight” rating in a research note on Monday, April 15th. Finally, Evercore ISI began coverage on O’Reilly Automotive in a research note on Wednesday, March 20th. They set an “in-line” rating and a $375.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $379.13.
In other news, EVP Brad W. Beckham sold 5,000 shares of the firm’s stock in a transaction dated Thursday, February 28th. The stock was sold at an average price of $370.71, for a total value of $1,853,550.00. Following the completion of the transaction, the executive vice president now directly owns 5,454 shares in the company, valued at $2,021,852.34. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman David E. Oreilly sold 34,000 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $375.48, for a total value of $12,766,320.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 51,858 shares of company stock valued at $19,515,668. Company insiders own 2.52% of the company’s stock.
O’Reilly Automotive Company Profile
O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.
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