Moloney Securities Asset Management LLC boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 32.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 774 shares of the specialty retailer’s stock after buying an additional 188 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in O’Reilly Automotive were worth $891,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also bought and sold shares of the company. Vanguard Group Inc. increased its position in O’Reilly Automotive by 1.5% in the first quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer’s stock worth $5,739,462,000 after buying an additional 75,837 shares during the last quarter. Principal Financial Group Inc. increased its position in O’Reilly Automotive by 3.2% in the second quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer’s stock worth $1,954,404,000 after buying an additional 57,194 shares during the last quarter. Bank of New York Mellon Corp increased its position in O’Reilly Automotive by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer’s stock worth $1,505,649,000 after buying an additional 19,211 shares during the last quarter. JPMorgan Chase & Co. increased its position in O’Reilly Automotive by 56.2% in the first quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock worth $1,180,259,000 after buying an additional 376,167 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in O’Reilly Automotive by 99,957.0% in the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after buying an additional 853,633 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
ORLY has been the subject of a number of analyst reports. UBS Group cut their price target on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a report on Thursday, July 18th. Roth Mkm reaffirmed a “buy” rating and issued a $1,337.00 price target on shares of O’Reilly Automotive in a report on Wednesday, October 16th. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Evercore ISI raised their price target on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. Finally, Royal Bank of Canada raised their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,242.13.
Insider Buying and Selling
In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the sale, the director now directly owns 141,589 shares in the company, valued at approximately $158,511,717.28. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, Director Lawrence P. Oreilly sold 13,765 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the transaction, the director now directly owns 141,589 shares in the company, valued at $158,511,717.28. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Chairman David E. Oreilly sold 1,000 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the completion of the transaction, the chairman now owns 183,583 shares in the company, valued at approximately $205,407,347.04. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,322 shares of company stock worth $18,280,698 in the last 90 days. Insiders own 1.18% of the company’s stock.
O’Reilly Automotive Stock Performance
Shares of NASDAQ:ORLY opened at $1,162.33 on Wednesday. The firm has a market capitalization of $67.43 billion, a P/E ratio of 28.76, a P/E/G ratio of 2.33 and a beta of 0.92. The stock has a 50 day moving average price of $1,156.04 and a 200-day moving average price of $1,085.77. O’Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,221.18.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $10.72 EPS. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 40.82 EPS for the current fiscal year.
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.
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