Vaughan Nelson Investment Management L.P. Purchases 9,741 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Vaughan Nelson Investment Management L.P. lifted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,393 shares of the specialty retailer’s stock after acquiring an additional 9,741 shares during the period. O’Reilly Automotive makes up approximately 2.1% of Vaughan Nelson Investment Management L.P.’s holdings, making the stock its 6th biggest holding. Vaughan Nelson Investment Management L.P. owned 0.26% of O’Reilly Automotive worth $214,017,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ORLY. JPL Wealth Management LLC acquired a new stake in O’Reilly Automotive during the 4th quarter worth approximately $3,123,000. Y Intercept Hong Kong Ltd raised its holdings in O’Reilly Automotive by 824.6% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer’s stock worth $4,276,000 after buying an additional 3,216 shares during the period. Assetmark Inc. raised its holdings in O’Reilly Automotive by 13.2% during the 4th quarter. Assetmark Inc. now owns 21,032 shares of the specialty retailer’s stock worth $24,940,000 after buying an additional 2,452 shares during the period. Versor Investments LP acquired a new stake in O’Reilly Automotive during the 4th quarter worth approximately $827,000. Finally, Proficio Capital Partners LLC raised its holdings in O’Reilly Automotive by 205,600.0% during the 4th quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer’s stock worth $597,602,000 after buying an additional 503,720 shares during the period. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Najera Jose A. Montellano sold 285 shares of O’Reilly Automotive stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $90.13, for a total transaction of $25,686.29. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Raymond Murphy sold 3,000 shares of O’Reilly Automotive stock in a transaction on Monday, May 19th. The stock was sold at an average price of $91.93, for a total value of $275,800.00. Following the sale, the director now directly owns 4,560 shares of the company’s stock, valued at $419,216. This represents a 39.68% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,285 shares of company stock valued at $3,022,386 over the last ninety days. 1.01% of the stock is currently owned by company insiders.

O’Reilly Automotive Trading Down 1.3%

NASDAQ:ORLY opened at $89.91 on Friday. The firm has a fifty day simple moving average of $91.37 and a 200 day simple moving average of $87.80. O’Reilly Automotive, Inc. has a 1-year low of $65.92 and a 1-year high of $97.22. The stock has a market capitalization of $5.12 billion, a PE ratio of 2.21, a P/E/G ratio of 2.34 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, April 23rd. The specialty retailer reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.04). O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. The company had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.18 billion. During the same period last year, the firm earned $0.61 earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ORLY. DA Davidson raised their target price on shares of O’Reilly Automotive from $101.67 to $106.67 and gave the stock a “buy” rating in a report on Friday, April 25th. BMO Capital Markets raised their price target on shares of O’Reilly Automotive from $96.67 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, April 25th. Guggenheim reaffirmed a “buy” rating and set a $98.33 price target on shares of O’Reilly Automotive in a research note on Monday, March 10th. Mizuho raised their price target on shares of O’Reilly Automotive from $93.33 to $96.33 and gave the stock an “outperform” rating in a research note on Friday, April 25th. Finally, UBS Group raised their price target on shares of O’Reilly Automotive from $102.33 to $105.33 and gave the stock a “buy” rating in a research note on Thursday, April 24th. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $94.30.

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.