O'Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Holdings Boosted by KP Management LLC

KP Management LLC boosted its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 16.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,250 shares of the specialty retailer's stock after buying an additional 750 shares during the quarter. O'Reilly Automotive makes up about 1.9% of KP Management LLC's portfolio, making the stock its 21st biggest position. KP Management LLC's holdings in O'Reilly Automotive were worth $6,046,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of ORLY. Trifecta Capital Advisors LLC raised its position in shares of O'Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer's stock valued at $33,000 after buying an additional 23 shares in the last quarter. 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 stake in shares of O'Reilly Automotive in the second quarter valued at approximately $44,000. ORG Partners LLC purchased a new stake in O'Reilly Automotive in the 2nd quarter worth approximately $48,000. Finally, Boit C F David bought a new position in shares of O'Reilly Automotive in the first quarter worth approximately $56,000. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ORLY. Morgan Stanley boosted their price target on O'Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an "equal weight" rating in a report on Thursday. JPMorgan Chase & Co. lifted their target price on O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an "overweight" rating in a research note on Wednesday, October 16th. Evercore ISI upped their price objective on O'Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an "outperform" rating in a research report on Thursday, August 22nd. TD Cowen increased their price target on O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a research report on Friday. Finally, DA Davidson reaffirmed a "buy" rating and issued a $1,275.00 price target on shares of O'Reilly Automotive in a report on Thursday. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, O'Reilly Automotive has an average rating of "Moderate Buy" and an average target price of $1,242.13.

O'Reilly Automotive Stock Performance

Shares of ORLY stock traded up $1.89 during midday trading on Monday, hitting $1,197.11. 287,341 shares of the company were exchanged, compared to its average volume of 374,208. The firm's 50 day moving average price is $1,150.51 and its two-hundred day moving average price is $1,081.90. O'Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,221.18. The firm has a market capitalization of $69.44 billion, a P/E ratio of 29.71, a PEG ratio of 2.42 and a beta of 0.92.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. O'Reilly Automotive's revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $10.72 EPS. Analysts expect that O'Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insiders Place Their Bets

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of O'Reilly Automotive stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction that occurred on 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 filing with the SEC, which can be accessed through this link. Also, Director Lawrence P. Oreilly sold 13,765 shares of the company'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 sale, the director now owns 141,589 shares in the company, valued at approximately $158,511,717.28. This 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 in the last quarter. Insiders own 1.18% of the company's stock.

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.