Creative Planning Boosts Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Creative Planning boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,352 shares of the specialty retailer’s stock after purchasing an additional 899 shares during the quarter. Creative Planning’s holdings in O’Reilly Automotive were worth $24,589,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ORLY. Indiana Trust & Investment Management CO lifted its position in shares of O’Reilly Automotive by 325.0% in the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock worth $38,000 after buying an additional 26 shares in the last quarter. Riverview Trust Co purchased a new stake in shares of O’Reilly Automotive during the 1st quarter worth approximately $41,000. Crewe Advisors LLC bought a new position in shares of O’Reilly Automotive during the 1st quarter valued at approximately $43,000. Kings Path Partners LLC bought a new position in shares of O’Reilly Automotive during the 2nd quarter valued at approximately $44,000. Finally, ORG Partners LLC purchased a new position in shares of O’Reilly Automotive in the second quarter valued at $48,000. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wells Fargo & Company increased their price objective on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Evercore ISI lifted their price target on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Wedbush restated a “neutral” rating and set a $1,100.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, July 25th. Bank of America raised their price objective on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Finally, Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Three analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average price target of $1,206.87.

O’Reilly Automotive Trading Up 0.6 %

ORLY opened at $1,210.96 on Monday. The company has a market capitalization of $71.32 billion, a price-to-earnings ratio of 30.74, a PEG ratio of 2.29 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,221.05. The business’s fifty day simple moving average is $1,142.14 and its 200-day simple moving average is $1,078.34.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The business had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.32 billion. During the same quarter in the previous year, the company earned $10.22 earnings per share. The firm’s revenue was up 5.0% on a year-over-year basis. On average, equities research analysts predict that O’Reilly Automotive, Inc. will post 41.1 EPS for the current year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 18,264 shares of the company’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the completion of the sale, the chairman now owns 13,347 shares in the company, valued at $15,049,409.85. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, SVP Mark Joseph Merz sold 413 shares of O’Reilly Automotive 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 value of $462,560.00. Following the transaction, the senior vice president now 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 filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Gregory L. Henslee sold 18,264 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the transaction, the chairman now owns 13,347 shares of the company’s stock, valued at approximately $15,049,409.85. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 50,411 shares of company stock valued at $56,846,062 over the last ninety days. 1.55% of the stock is owned by company insiders.

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.