O’Reilly Automotive, Inc. $ORLY Shares Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 763,795 shares of the specialty retailer’s stock after purchasing an additional 5,941 shares during the quarter. Pictet Asset Management Holding SA’s holdings in O’Reilly Automotive were worth $65,240,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. WealthBridge Capital Management LLC increased its stake in O’Reilly Automotive by 1.6% in the 3rd quarter. WealthBridge Capital Management LLC now owns 8,106 shares of the specialty retailer’s stock valued at $692,000 after buying an additional 125 shares during the last quarter. Pointe Capital Management LLC boosted its stake in shares of O’Reilly Automotive by 1.2% during the 2nd quarter. Pointe Capital Management LLC now owns 10,447 shares of the specialty retailer’s stock worth $962,000 after buying an additional 127 shares during the last quarter. Integrity Alliance LLC. boosted its stake in shares of O’Reilly Automotive by 3.5% during the 3rd quarter. Integrity Alliance LLC. now owns 3,981 shares of the specialty retailer’s stock worth $340,000 after buying an additional 133 shares during the last quarter. BIP Wealth LLC boosted its stake in shares of O’Reilly Automotive by 3.0% during the 3rd quarter. BIP Wealth LLC now owns 4,807 shares of the specialty retailer’s stock worth $411,000 after buying an additional 142 shares during the last quarter. Finally, Pittenger & Anderson Inc. grew its holdings in shares of O’Reilly Automotive by 16.1% in the 1st quarter. Pittenger & Anderson Inc. now owns 1,045 shares of the specialty retailer’s stock valued at $96,000 after acquiring an additional 145 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.1%

NASDAQ ORLY opened at $89.79 on Tuesday. The firm has a market capitalization of $72.64 billion, a P/E ratio of 27.54, a price-to-earnings-growth ratio of 2.19 and a beta of 0.55. The firm’s fifty day moving average price is $87.36 and its two-hundred day moving average price is $90.39. O’Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $102.46.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 28th. The specialty retailer reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 188.24%. The company had revenue of $5.12 billion during the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter last year, the firm posted $0.85 EPS. The company’s quarterly revenue was up 8.8% on a year-over-year basis. On average, research analysts anticipate that O’Reilly Automotive, Inc. will post 3.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Christopher Mancini sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total value of $279,000.00. Following the completion of the sale, the senior vice president directly owned 189 shares in the company, valued at approximately $17,577. This trade represents a 94.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Maria Sastre sold 1,200 shares of O’Reilly Automotive stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $91.72, for a total value of $110,064.00. Following the transaction, the director owned 13,770 shares of the company’s stock, valued at $1,262,984.40. The trade was a 8.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 153,655 shares of company stock worth $14,085,983 in the last 90 days. 0.77% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Raymond James Financial reaffirmed an “outperform” rating and issued a $110.00 target price (down from $115.00) on shares of O’Reilly Automotive in a research report on Friday, July 31st. Sanford C. Bernstein started coverage on O’Reilly Automotive in a report on Tuesday, September 29th. They set a “market perform” rating and a $94.00 target price on the stock. Roth Capital reissued a “buy” rating and set a $111.00 price target (up from $109.00) on shares of O’Reilly Automotive in a research report on Friday, July 31st. DA Davidson restated a “buy” rating and issued a $106.00 price target on shares of O’Reilly Automotive in a research note on Wednesday, September 16th. Finally, Wells Fargo & Company boosted their price target on O’Reilly Automotive from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus target price of $108.00.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools and accessories. Its products serve both do-it-yourself customers maintaining their own vehicles and professional repair shops.

The company also offers services such as battery testing, check-engine-light code reading and parts installation assistance. Its operations include retail stores and distribution centers that support customers and professional service providers.

Founded in 1957 by Charles F.