Childress Capital Advisors LLC Purchases 16 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Childress Capital Advisors LLC lifted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 218 shares of the specialty retailer’s stock after buying an additional 16 shares during the quarter. Childress Capital Advisors LLC’s holdings in O’Reilly Automotive were worth $251,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in ORLY. Valeo Financial Advisors LLC grew its stake in shares of O’Reilly Automotive by 21.0% in the 1st quarter. Valeo Financial Advisors LLC now owns 1,002 shares of the specialty retailer’s stock valued at $1,131,000 after buying an additional 174 shares in the last quarter. Lake Street Private Wealth LLC grew its stake in shares of O’Reilly Automotive by 76.0% in the 1st quarter. Lake Street Private Wealth LLC now owns 447 shares of the specialty retailer’s stock valued at $505,000 after buying an additional 193 shares in the last quarter. Norden Group LLC bought a new stake in shares of O’Reilly Automotive in the 1st quarter valued at approximately $5,771,000. First Trust Direct Indexing L.P. boosted its position in O’Reilly Automotive by 9.2% during the first quarter. First Trust Direct Indexing L.P. now owns 1,200 shares of the specialty retailer’s stock worth $1,355,000 after purchasing an additional 101 shares during the period. Finally, Maryland State Retirement & Pension System boosted its position in O’Reilly Automotive by 1.7% during the first quarter. Maryland State Retirement & Pension System now owns 4,640 shares of the specialty retailer’s stock worth $5,088,000 after purchasing an additional 78 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 1.2 %

Shares of NASDAQ ORLY opened at $1,162.21 on Thursday. The business has a fifty day simple moving average of $1,153.49 and a 200 day simple moving average of $1,083.96. The firm has a market capitalization of $67.42 billion, a price-to-earnings ratio of 28.75, a PEG ratio of 2.42 and a beta of 0.92. O’Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,221.18.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ORLY shares. Royal Bank of Canada upped their target price on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. upped their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. DA Davidson reaffirmed a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Morgan Stanley upped their target price on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. Finally, Bank of America upped their target price on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,242.13.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Dana Perlman sold 48 shares of the stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the completion of the transaction, the director now directly owns 1,097 shares in the company, valued at $1,217,406.72. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other O’Reilly Automotive news, Director Dana Perlman sold 48 shares of the stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the completion of the transaction, the director now directly owns 1,097 shares in the company, valued at $1,217,406.72. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 16,370 shares of company stock worth $18,333,966. 1.18% of the stock is owned by corporate insiders.

O’Reilly Automotive Company 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.