Congress Asset Management Co. MA Has $123.57 Million Stock Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY) (2024)

Congress Asset Management Co. MA decreased its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 0.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,466 shares of the specialty retailer's stock after selling 769 shares during the period. Congress Asset Management Co. MA owned approximately 0.19% of O'Reilly Automotive worth $123,574,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Norges Bank acquired a new stake in O'Reilly Automotive in the fourth quarter valued at $671,384,000. International Assets Investment Management LLC lifted its stake in O'Reilly Automotive by 89,319.3% in the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer's stock valued at $621,025,000 after acquiring an additional 652,924 shares during the last quarter. Wellington Management Group LLP lifted its stake in O'Reilly Automotive by 656.2% in the fourth quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer's stock valued at $434,780,000 after acquiring an additional 397,108 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in O'Reilly Automotive by 269.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer's stock valued at $205,965,000 after acquiring an additional 158,075 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado lifted its stake in shares of O'Reilly Automotive by 4,574.1% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 129,145 shares of the specialty retailer's stock worth $122,698,000 after buying an additional 126,382 shares during the last quarter. Institutional investors own 85.00% of the company's stock.

Insider Activity

In other O'Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of the business's stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now owns 716 shares of the company's stock, valued at $726,740. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other O'Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of the business's stock in a transaction on Wednesday, May 29th. The stock was 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Brad W. Beckham sold 6,032 shares of the business's stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the transaction, the chief executive officer now directly owns 716 shares in the company, valued at approximately $726,740. The disclosure for this sale can be found here. Company insiders own 1.55% of the company's stock.

O'Reilly Automotive Stock Up 0.1 %

Shares of NASDAQ:ORLY traded up $1.22 during trading on Friday, hitting $1,081.79. The stock had a trading volume of 663,576 shares, compared to its average volume of 447,738. O'Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The stock has a market capitalization of $63.71 billion, a price-to-earnings ratio of 27.46, a price-to-earnings-growth ratio of 1.98 and a beta of 0.89. The stock has a 50-day simple moving average of $1,019.81 and a two-hundred day simple moving average of $1,030.53.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating analysts' consensus estimates of $9.18 by $0.02. The business had revenue of $3.98 billion during the quarter, compared to analysts' expectations of $3.99 billion. O'Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The business's revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $8.28 earnings per share. As a group, sell-side analysts forecast that O'Reilly Automotive, Inc. will post 41.93 earnings per share for the current year.

Analyst Ratings Changes

ORLY has been the subject of a number of research reports. Truist Financial cut their target price on shares of O'Reilly Automotive from $1,234.00 to $1,212.00 and set a "buy" rating for the company in a research note on Friday, April 26th. Wedbush restated a "neutral" rating and issued a $1,100.00 price target on shares of O'Reilly Automotive in a research note on Thursday, April 25th. UBS Group lifted their target price on shares of O'Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a "buy" rating in a research report on Wednesday, April 17th. StockNews.com downgraded shares of O'Reilly Automotive from a "buy" rating to a "hold" rating in a research report on Friday, May 3rd. Finally, Wells Fargo & Company decreased their price target on shares of O'Reilly Automotive from $1,300.00 to $1,200.00 and set an "overweight" rating for the company in a research note on Thursday, April 25th. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, O'Reilly Automotive presently has an average rating of "Moderate Buy" and an average target price of $1,123.64.

Get Our Latest Stock Report on ORLY

O'Reilly Automotive Company Profile

(Free Report)

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.

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