Quent Capital LLC Acquires 72 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Quent Capital LLC grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 26.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 348 shares of the specialty retailer’s stock after buying an additional 72 shares during the quarter. Quent Capital LLC’s holdings in O’Reilly Automotive were worth $401,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Rise Advisors LLC bought a new position in O’Reilly Automotive during the first quarter worth about $36,000. Indiana Trust & Investment Management CO boosted its stake in O’Reilly Automotive by 325.0% in the 1st quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after purchasing an additional 26 shares during the period. Riverview Trust Co acquired a new position in shares of O’Reilly Automotive in the first quarter valued at about $41,000. Crewe Advisors LLC acquired a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $43,000. Finally, Kings Path Partners LLC bought a new stake in shares of O’Reilly Automotive in the second quarter valued at approximately $44,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Up 0.5 %

Shares of O’Reilly Automotive stock opened at $1,154.90 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The company has a market cap of $68.02 billion, a P/E ratio of 29.31, a PEG ratio of 2.18 and a beta of 0.92. The company’s fifty day simple moving average is $1,129.45 and its two-hundred day simple moving average is $1,075.58.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The firm had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.32 billion. During the same period in the previous year, the firm posted $10.22 earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. Analysts predict that O’Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other news, SVP Mark Joseph Merz sold 413 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total value of $462,560.00. Following the sale, the senior vice president now directly owns 265 shares of the company’s stock, valued at $296,800. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the sale, the senior vice president now owns 265 shares in the company, valued at approximately $296,800. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,411 shares of company stock valued at $56,846,062 in the last three months. Company insiders own 1.55% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ORLY shares. Wells Fargo & Company lifted their price target on O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the company an “overweight” rating in a research note on Thursday, August 22nd. UBS Group decreased their price objective on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research report on Thursday, July 18th. Wedbush reissued a “neutral” rating and set a $1,100.00 target price on shares of O’Reilly Automotive in a research note on Thursday, July 25th. Royal Bank of Canada dropped their price target on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research note on Friday, July 26th. Finally, Evercore ISI increased their target price 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. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,151.00.

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.