B. Metzler seel. Sohn & Co. Holding AG bought a new position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,871 shares of the specialty retailer's stock, valued at approximately $3,306,000.
A number of other large investors have also made changes to their positions in ORLY. Trifecta Capital Advisors LLC grew its position in O'Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer's stock worth $33,000 after purchasing an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in O'Reilly Automotive during the third quarter valued at $37,000. Princeton Global Asset Management LLC purchased a new stake in O'Reilly Automotive in the 3rd quarter worth about $41,000. Crewe Advisors LLC acquired a new stake in O'Reilly Automotive during the 1st quarter worth about $43,000. Finally, Kings Path Partners LLC purchased a new position in O'Reilly Automotive during the 2nd quarter valued at about $44,000. Institutional investors and hedge funds own 85.00% of the company's stock.
O'Reilly Automotive Price Performance
ORLY stock opened at $1,188.87 on Thursday. The company has a 50-day moving average of $1,175.63 and a two-hundred day moving average of $1,098.92. The stock has a market capitalization of $68.63 billion, a price-to-earnings ratio of 29.41, a price-to-earnings-growth ratio of 2.44 and a beta of 0.92. O'Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,255.30.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued 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 company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same period last year, the company earned $10.72 earnings per share. O'Reilly Automotive's revenue for the quarter was up 3.8% on a year-over-year basis. Equities analysts expect that O'Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on ORLY. Morgan Stanley increased their price target on shares of O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 24th. TD Cowen increased their target price on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Roth Capital upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a report on Tuesday, October 15th. DA Davidson reiterated a "buy" rating and set a $1,275.00 price objective on shares of O'Reilly Automotive in a report on Thursday, October 24th. Finally, Barclays boosted their target price on O'Reilly Automotive from $986.00 to $1,088.00 and gave the company an "equal weight" rating in a research note on Friday, October 25th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, O'Reilly Automotive currently has an average rating of "Moderate Buy" and an average target price of $1,242.13.
View Our Latest Stock Analysis on O'Reilly Automotive
Insider Buying and Selling at O'Reilly Automotive
In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the company's stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 1.55% of the company's stock.
About O'Reilly Automotive
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Free Report)
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.
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