O’Reilly Automotive, Inc. (NASDAQ:ORLY) is Unison Asset Management LLC’s 8th Largest Position

Unison Asset Management LLC trimmed its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,355 shares of the specialty retailer’s stock after selling 13 shares during the period. O’Reilly Automotive accounts for 4.6% of Unison Asset Management LLC’s portfolio, making the stock its 8th largest holding. Unison Asset Management LLC’s holdings in O’Reilly Automotive were worth $9,622,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in shares of O’Reilly Automotive in the 3rd quarter worth $32,000. Trifecta Capital Advisors LLC grew its stake in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of O’Reilly Automotive in the 3rd quarter worth $37,000. Princeton Global Asset Management LLC purchased a new position in shares of O’Reilly Automotive in the 3rd quarter worth $41,000. Finally, Kings Path Partners LLC purchased a new position in shares of O’Reilly Automotive in the 2nd quarter worth $44,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Price Performance

ORLY opened at $1,227.37 on Monday. The firm has a fifty day moving average price of $1,179.37 and a 200 day moving average price of $1,102.25. O’Reilly Automotive, Inc. has a 1 year low of $914.50 and a 1 year high of $1,255.30. The stock has a market cap of $70.86 billion, a P/E ratio of 30.37, a P/E/G ratio of 2.49 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $10.72 earnings per share. Equities analysts expect that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on ORLY shares. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Barclays raised their target price on shares of O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. Truist Financial lifted their price objective on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. JPMorgan Chase & Co. lifted their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Finally, Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,242.13.

Insider Transactions at O’Reilly Automotive

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.18% of the company’s stock.

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.