UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $510.11 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 442,960 shares of the specialty retailer’s stock after selling 17,661 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in O’Reilly Automotive were worth $510,113,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Public Sector Pension Investment Board boosted its stake in O’Reilly Automotive by 2.0% in the third quarter. Public Sector Pension Investment Board now owns 10,395 shares of the specialty retailer’s stock worth $11,971,000 after purchasing an additional 200 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of O’Reilly Automotive by 2.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,309 shares of the specialty retailer’s stock valued at $13,023,000 after acquiring an additional 279 shares during the period. FORA Capital LLC acquired a new position in shares of O’Reilly Automotive during the third quarter valued at $1,697,000. RPg Family Wealth Advisory LLC lifted its stake in shares of O’Reilly Automotive by 3.2% during the third quarter. RPg Family Wealth Advisory LLC now owns 5,112 shares of the specialty retailer’s stock valued at $5,887,000 after acquiring an additional 157 shares during the period. Finally, CreativeOne Wealth LLC lifted its stake in shares of O’Reilly Automotive by 15.2% during the third quarter. CreativeOne Wealth LLC now owns 1,322 shares of the specialty retailer’s stock valued at $1,522,000 after acquiring an additional 174 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $1,244.01 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $914.50 and a 1 year high of $1,255.30. The business has a 50-day moving average of $1,188.64 and a two-hundred day moving average of $1,107.23. The company has a market capitalization of $71.82 billion, a P/E ratio of 30.78, a price-to-earnings-growth ratio of 2.52 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter last year, the company earned $10.72 earnings per share. The firm’s revenue was up 3.8% compared to the same quarter last year. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ORLY shares. Barclays upped their price target on O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Wells Fargo & Company upped their price target on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research note on Monday, October 14th. JPMorgan Chase & Co. upped their price target on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Finally, Truist Financial increased their target price on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and an average target price of $1,242.13.

Insider Buying and Selling

In related news, Director Andrea Weiss sold 600 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the transaction, the director now directly owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is owned by corporate insiders.

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.