Mitsubishi UFJ Asset Management Co. Ltd. Has $82.14 Million Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 16.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,759 shares of the specialty retailer’s stock after acquiring an additional 10,416 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.12% of O’Reilly Automotive worth $82,136,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in ORLY. Wellington Management Group LLP boosted its position in shares of O’Reilly Automotive by 181.4% during the 3rd quarter. Wellington Management Group LLP now owns 60,517 shares of the specialty retailer’s stock worth $55,001,000 after acquiring an additional 39,009 shares in the last quarter. Central Bank & Trust Co. boosted its position in O’Reilly Automotive by 73.3% in the fourth quarter. Central Bank & Trust Co. now owns 130 shares of the specialty retailer’s stock valued at $124,000 after buying an additional 55 shares in the last quarter. Wedmont Private Capital boosted its position in O’Reilly Automotive by 9.1% in the fourth quarter. Wedmont Private Capital now owns 756 shares of the specialty retailer’s stock valued at $702,000 after buying an additional 63 shares in the last quarter. Nordea Investment Management AB boosted its position in O’Reilly Automotive by 4.9% in the fourth quarter. Nordea Investment Management AB now owns 57,843 shares of the specialty retailer’s stock valued at $54,883,000 after buying an additional 2,676 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its position in O’Reilly Automotive by 240.1% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 4,006 shares of the specialty retailer’s stock valued at $3,707,000 after buying an additional 2,828 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s stock in a transaction on Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total value of $1,424,250.00. Following the completion of the sale, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the transaction, the chief executive officer now directly owns 716 shares in the company, valued at $726,740. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lawrence P. Oreilly sold 1,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the transaction, the director now owns 31,613 shares of the company’s stock, valued at $30,016,543.50. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on ORLY. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Truist Financial cut their target price on shares of O’Reilly Automotive from $1,212.00 to $1,143.00 and set a “buy” rating on the stock in a research report on Tuesday, July 2nd. UBS Group cut their target price on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research report on Thursday. Evercore ISI dropped their price target on shares of O’Reilly Automotive from $1,250.00 to $1,225.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Wedbush reaffirmed a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday, April 25th. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,113.36.

O’Reilly Automotive Price Performance

NASDAQ ORLY traded down $15.54 during mid-day trading on Thursday, reaching $1,028.09. 369,375 shares of the stock were exchanged, compared to its average volume of 393,201. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The stock has a 50 day simple moving average of $1,014.70 and a 200-day simple moving average of $1,040.84. The stock has a market cap of $60.54 billion, a P/E ratio of 26.24, a P/E/G ratio of 1.92 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. During the same quarter last year, the firm earned $8.28 earnings per share. O’Reilly Automotive’s quarterly revenue was up 7.2% on a year-over-year basis. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 41.72 EPS for the current fiscal year.

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.