D Orazio & Associates Inc. increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,351.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,498 shares of the specialty retailer’s stock after purchasing an additional 4,188 shares during the quarter. D Orazio & Associates Inc.’s holdings in O’Reilly Automotive were worth $405,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in ORLY. Oxbow Advisors LLC raised its holdings in shares of O’Reilly Automotive by 785.7% during the 2nd quarter. Oxbow Advisors LLC now owns 66,315 shares of the specialty retailer’s stock worth $5,977,000 after acquiring an additional 58,828 shares during the period. Providence First Trust Co raised its stake in O’Reilly Automotive by 1,433.6% during the second quarter. Providence First Trust Co now owns 6,855 shares of the specialty retailer’s stock worth $618,000 after purchasing an additional 6,408 shares during the period. Vanguard Group Inc. boosted its holdings in O’Reilly Automotive by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after purchasing an additional 75,125 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its holdings in O’Reilly Automotive by 1,063.1% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock valued at $9,724,000 after purchasing an additional 98,616 shares during the last quarter. Finally, Field & Main Bank grew its stake in shares of O’Reilly Automotive by 1,478.9% in the 2nd quarter. Field & Main Bank now owns 7,405 shares of the specialty retailer’s stock valued at $667,000 after buying an additional 6,936 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.
O’Reilly Automotive Trading Down 1.1%
Shares of NASDAQ ORLY opened at $98.09 on Thursday. The stock has a market capitalization of $83.23 billion, a PE ratio of 33.98, a PEG ratio of 2.48 and a beta of 0.57. O’Reilly Automotive, Inc. has a twelve month low of $78.30 and a twelve month high of $108.71. The stock has a fifty day simple moving average of $101.63 and a 200-day simple moving average of $97.07.
Insider Activity at O’Reilly Automotive
In related news, Director John Raymond Murphy sold 3,125 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the completion of the transaction, the director owned 8,125 shares in the company, valued at approximately $752,375. The trade was a 27.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.01% of the company’s stock.
Analysts Set New Price Targets
ORLY has been the topic of several analyst reports. Barclays set a $91.00 price target on shares of O’Reilly Automotive and gave the company an “equal weight” rating in a research report on Monday, October 27th. Guggenheim lifted their target price on O’Reilly Automotive from $98.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Raymond James Financial raised O’Reilly Automotive from a “market perform” rating to an “outperform” rating and set a $105.00 price target on the stock in a research note on Wednesday, November 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Friday, October 31st. Finally, BMO Capital Markets boosted their price objective on shares of O’Reilly Automotive from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Nineteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.89.
View Our Latest Stock Report on ORLY
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.
Further Reading
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