Xponance Inc. Has $13.08 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Xponance Inc. lowered its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,766 shares of the specialty retailer’s stock after selling 113 shares during the period. Xponance Inc.’s holdings in O’Reilly Automotive were worth $13,079,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ORLY. Cornerstone Planning Group LLC acquired a new stake in O’Reilly Automotive during the second quarter worth $25,000. Steward Financial Group LLC lifted its holdings in shares of O’Reilly Automotive by 141.7% during the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 17 shares during the period. Ancora Advisors LLC bought a new position in shares of O’Reilly Automotive during the fourth quarter valued at $30,000. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of O’Reilly Automotive during the third quarter valued at $34,000. Finally, Carmel Capital Partners LLC lifted its holdings in shares of O’Reilly Automotive by 1,750.0% during the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 35 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY traded down $2.49 on Friday, hitting $1,098.57. 32,838 shares of the stock were exchanged, compared to its average volume of 362,045. The stock has a market capitalization of $64.85 billion, a price-to-earnings ratio of 28.61, a P/E/G ratio of 1.99 and a beta of 0.86. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The company’s 50-day moving average price is $1,092.68 and its 200 day moving average price is $1,008.14.

O’Reilly Automotive (NASDAQ:ORLY) last posted its 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. The company had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company earned $8.37 EPS. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current year.

Insider Transactions at O’Reilly Automotive

In other news, EVP Doug D. Bragg sold 1,218 shares of the business’s stock in a transaction dated 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 transaction, 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 Securities & Exchange Commission, which is available through this link. In related news, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the completion of the transaction, the chairman now directly owns 216,539 shares in the company, valued at approximately $228,141,159.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $1,295,391.72. Following the completion of the transaction, the executive vice president now owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,968 shares of company stock worth $27,269,333. 1.55% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of analyst reports. Barclays lifted their price objective on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. Royal Bank of Canada lifted their price objective on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a report on Friday, February 9th. Wedbush lifted their price objective on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. The Goldman Sachs Group lifted their price objective on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a report on Friday, February 9th. Finally, Truist Financial lifted their price target on O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a report on Tuesday, April 2nd. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,102.53.

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.