Private Advisor Group LLC Buys 239 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Private Advisor Group LLC increased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 9.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,660 shares of the specialty retailer’s stock after acquiring an additional 239 shares during the quarter. Private Advisor Group LLC’s holdings in O’Reilly Automotive were worth $3,063,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of O’Reilly Automotive by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer’s stock worth $5,739,462,000 after buying an additional 75,837 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of O’Reilly Automotive by 3.2% during the second quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer’s stock valued at $1,954,404,000 after buying an additional 57,194 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of O’Reilly Automotive by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer’s stock valued at $1,505,649,000 after buying an additional 19,211 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of O’Reilly Automotive by 56.2% in the first quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock worth $1,180,259,000 after buying an additional 376,167 shares during the period. Finally, Legal & General Group Plc lifted its stake in shares of O’Reilly Automotive by 5.2% during the 2nd quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer’s stock worth $524,629,000 after acquiring an additional 24,767 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on the company. JPMorgan Chase & Co. upped their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Evercore ISI raised their price target on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Roth Mkm reissued a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. DA Davidson reaffirmed a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, UBS Group lowered their price target on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a report on Thursday, July 18th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average price target of $1,242.13.

O’Reilly Automotive Price Performance

Shares of ORLY stock opened at $1,197.11 on Tuesday. The stock’s 50-day moving average is $1,152.02 and its 200 day moving average is $1,082.71. O’Reilly Automotive, Inc. has a 1-year low of $914.50 and a 1-year high of $1,221.18. The company has a market cap of $69.44 billion, a P/E ratio of 29.62, a PEG ratio of 2.42 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the prior year, the business posted $10.72 earnings per share. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insider Transactions at O’Reilly Automotive

In other news, Director Gregory D. Johnson sold 15,364 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the transaction, the director now owns 5,016 shares in the company, valued at $5,698,978.56. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the completion of the transaction, the director now directly owns 141,589 shares of the company’s stock, valued at approximately $158,511,717.28. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Gregory D. Johnson sold 15,364 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the sale, the director now directly owns 5,016 shares in the company, valued at $5,698,978.56. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 31,734 shares of company stock valued at $35,789,929. Corporate insiders own 1.18% of the company’s stock.

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.