Oddo BHF Asset Management Sas Makes New Investment in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Oddo BHF Asset Management Sas bought a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,447 shares of the specialty retailer's stock, valued at approximately $1,666,000.

A number of other institutional investors have also recently added to or reduced their stakes in ORLY. Darwin Wealth Management LLC bought a new position in O'Reilly Automotive during the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC increased its stake 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 acquiring an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of O'Reilly Automotive during the 3rd quarter valued at $37,000. Princeton Global Asset Management LLC bought a new position in O'Reilly Automotive during the third quarter worth $41,000. Finally, Kings Path Partners LLC acquired a new stake in O'Reilly Automotive in the second quarter worth $44,000. 85.00% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on ORLY shares. Roth Capital raised O'Reilly Automotive to a "strong-buy" rating in a research note on Tuesday, October 15th. Barclays lifted their price objective on shares of O'Reilly Automotive from $986.00 to $1,088.00 and gave the stock an "equal weight" rating in a report on Friday, October 25th. Evercore ISI raised their price target on shares of O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an "outperform" rating in a research report on Tuesday, December 3rd. Wedbush reaffirmed a "neutral" rating and issued a $1,200.00 price objective on shares of O'Reilly Automotive in a research report on Thursday, October 24th. Finally, Royal Bank of Canada boosted their target price on O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an "outperform" rating in a research note on Friday, October 25th. Four research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,257.00.

O'Reilly Automotive Stock Up 0.1 %

Shares of ORLY stock traded up $0.88 on Friday, reaching $1,270.60. The company's stock had a trading volume of 203,096 shares, compared to its average volume of 370,439. The company has a market capitalization of $73.35 billion, a P/E ratio of 31.43, a PEG ratio of 2.57 and a beta of 0.93. O'Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,281.95. The stock's 50 day simple moving average is $1,213.13 and its 200-day simple moving average is $1,126.84.

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

Insiders Place Their Bets

In related news, Director Andrea Weiss sold 600 shares of the business's stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the transaction, the director now owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares of the company's stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by insiders.

About O'Reilly Automotive

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.