Janney Montgomery Scott LLC Has $29.77 Million Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Janney Montgomery Scott LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 20,779 shares of the specialty retailer’s stock after purchasing an additional 132 shares during the period. Janney Montgomery Scott LLC’s holdings in O’Reilly Automotive were worth $29,768,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new position in shares of O’Reilly Automotive during the 4th quarter worth about $3,123,000. Y Intercept Hong Kong Ltd increased its position in O’Reilly Automotive by 824.6% during the fourth 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 last quarter. Assetmark Inc. raised its stake in O’Reilly Automotive by 13.2% in the fourth quarter. Assetmark Inc. now owns 21,032 shares of the specialty retailer’s stock valued at $24,940,000 after buying an additional 2,452 shares during the period. Versor Investments LP acquired a new stake in shares of O’Reilly Automotive in the fourth quarter valued at approximately $827,000. Finally, Proficio Capital Partners LLC boosted its stake in shares of 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 acquiring an additional 503,720 shares during the period. 85.00% of the stock is owned by institutional investors.

Insider Transactions at O’Reilly Automotive

In other news, Director John Raymond Murphy sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $91.93, for a total value of $275,800.00. Following the completion of the transaction, the director now directly owns 4,560 shares in the company, valued at approximately $419,216. The trade was a 39.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ramon Parises Odems sold 30,000 shares of the stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $90.70, for a total transaction of $2,720,900.00. Following the sale, the senior vice president now owns 240 shares in the company, valued at $21,767.20. This represents a 99.21% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 33,285 shares of company stock valued at $3,022,386. 1.01% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ORLY shares. Barclays increased their price target on O’Reilly Automotive from $83.33 to $86.00 and gave the company an “equal weight” rating in a research note on Monday, April 28th. Wells Fargo & Company increased their price objective on shares of O’Reilly Automotive from $95.00 to $103.33 and gave the company an “overweight” rating in a research report on Wednesday, April 16th. UBS Group lifted their target price on shares of O’Reilly Automotive from $102.33 to $105.33 and gave the stock a “buy” rating in a report on Thursday, April 24th. BMO Capital Markets upped their price target on shares of O’Reilly Automotive from $96.67 to $100.00 and gave the company an “outperform” rating in a research note on Friday, April 25th. Finally, Mizuho raised their price objective on shares of O’Reilly Automotive from $93.33 to $96.33 and gave the stock an “outperform” rating in a research report on Friday, April 25th. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $94.30.

O’Reilly Automotive Trading Up 0.8%

Shares of ORLY opened at $88.80 on Wednesday. O’Reilly Automotive, Inc. has a 12 month low of $67.24 and a 12 month high of $97.22. The firm’s 50 day moving average is $91.36 and its 200-day moving average is $87.91. The stock has a market capitalization of $75.91 billion, a PE ratio of 32.64, a P/E/G ratio of 2.40 and a beta of 0.60.

O’Reilly Automotive (NASDAQ:ORLY) last posted 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). The company had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.18 billion. O’Reilly Automotive had a negative return on equity of 167.25% and a net margin of 14.10%. O’Reilly Automotive’s revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the business earned $0.61 EPS. Equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

About O’Reilly Automotive

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.