Boit C F David Purchases 700 Shares of O’Reilly Automotive, Inc. $ORLY

Boit C F David raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1,400.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 750 shares of the specialty retailer’s stock after purchasing an additional 700 shares during the period. Boit C F David’s holdings in O’Reilly Automotive were worth $68,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC lifted its position in shares of O’Reilly Automotive by 22.3% during the first quarter. GAMMA Investing LLC now owns 1,272 shares of the specialty retailer’s stock worth $1,822,000 after acquiring an additional 232 shares in the last quarter. Valmark Advisers Inc. lifted its position in shares of O’Reilly Automotive by 4.7% during the first quarter. Valmark Advisers Inc. now owns 404 shares of the specialty retailer’s stock worth $579,000 after acquiring an additional 18 shares in the last quarter. Asset Management One Co. Ltd. lifted its position in shares of O’Reilly Automotive by 6.1% during the first quarter. Asset Management One Co. Ltd. now owns 25,476 shares of the specialty retailer’s stock worth $36,496,000 after acquiring an additional 1,473 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of O’Reilly Automotive by 2,475.0% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 103 shares of the specialty retailer’s stock worth $148,000 after acquiring an additional 99 shares in the last quarter. Finally, Consolidated Portfolio Review Corp lifted its position in shares of O’Reilly Automotive by 9.3% during the first quarter. Consolidated Portfolio Review Corp now owns 328 shares of the specialty retailer’s stock worth $470,000 after acquiring an additional 28 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Stock Up 0.3%

Shares of NASDAQ ORLY opened at $101.31 on Wednesday. O’Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71. The firm has a market cap of $85.96 billion, a P/E ratio of 36.22, a PEG ratio of 2.67 and a beta of 0.60. The company has a 50 day moving average of $103.76 and a 200 day moving average of $96.45.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 EPS for the quarter, hitting analysts’ consensus estimates of $0.78. O’Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The business had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.54 billion. During the same quarter in the previous year, the firm posted $10.55 EPS. The firm’s revenue was up 5.9% on a year-over-year basis. As a group, equities analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other news, Director Maria Sastre sold 595 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, the director owned 15,935 shares of the company’s stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Mark Joseph Merz sold 5,050 shares of the business’s stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $99.07, for a total transaction of $500,303.50. Following the sale, the senior vice president directly owned 2,876 shares of the company’s stock, valued at approximately $284,925.32. The trade was a 63.71% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 125,635 shares of company stock worth $12,740,916. Company insiders own 1.01% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on ORLY. UBS Group restated a “buy” rating and set a $120.00 target price (up previously from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Barclays restated an “equal weight” rating and set a $86.00 target price on shares of O’Reilly Automotive in a research report on Friday, July 25th. BMO Capital Markets increased their target price on O’Reilly Automotive from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Guggenheim increased their target price on O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Finally, Wells Fargo & Company set a $115.00 target price on O’Reilly Automotive and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus price target of $110.04.

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.