267 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Purchased by Capital Market Strategies LLC

Capital Market Strategies LLC bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 267 shares of the specialty retailer’s stock, valued at approximately $254,000.

Other hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC bought a new stake in O’Reilly Automotive during the second quarter worth approximately $25,000. Steward Financial Group LLC increased its stake in O’Reilly Automotive by 141.7% during the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 17 shares during the last quarter. Ancora Advisors LLC bought a new stake in O’Reilly Automotive during the fourth quarter worth approximately $30,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in O’Reilly Automotive during the third quarter worth approximately $34,000. Finally, Carmel Capital Partners LLC increased its stake in O’Reilly Automotive by 1,750.0% during the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after acquiring an additional 35 shares during the last quarter. 82.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ORLY has been the topic of several analyst reports. The Goldman Sachs Group boosted their price objective on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Stephens reissued an “overweight” rating and set a $1,060.00 price objective on shares of O’Reilly Automotive in a research note on Tuesday, December 19th. Barclays upped their target price on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research note on Thursday, January 4th. Wedbush upped their target price on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Finally, StockNews.com cut O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,056.44.

Read Our Latest Research Report on ORLY

O’Reilly Automotive Trading Down 0.3 %

Shares of ORLY traded down $3.72 during midday trading on Friday, hitting $1,113.18. 531,505 shares of the company’s stock traded hands, compared to its average volume of 390,442. O’Reilly Automotive, Inc. has a 1 year low of $795.74 and a 1 year high of $1,121.99. The firm’s fifty day moving average is $1,036.00 and its 200-day moving average is $976.53. The stock has a market capitalization of $65.72 billion, a price-to-earnings ratio of 29.03, a price-to-earnings-growth ratio of 2.00 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last issued its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, beating the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The firm had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.86 billion. During the same quarter in the prior year, the business posted $8.37 EPS. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 42.18 EPS for the current year.

Insider Buying and Selling

In related news, SVP Christopher Andrew Mancini sold 1,500 shares of the firm’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total value of $1,500,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,500 shares of the stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Chairman David E. Oreilly sold 6,444 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total value of $6,847,394.40. Following the sale, the chairman now directly owns 205,095 shares in the company, valued at $217,933,947. The disclosure for this sale can be found here. Insiders sold 27,468 shares of company stock worth $28,769,333 in the last 90 days. Insiders own 1.55% of the company’s stock.

About O’Reilly Automotive

(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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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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