First American Trust FSB purchased a new position in shares of O'Reilly Automotive Inc (NASDAQ:ORLY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,149 shares of the specialty retailer’s stock, valued at approximately $2,922,000.
Several other institutional investors and hedge funds have also modified their holdings of the company. Aurora Investment Counsel acquired a new stake in shares of O'Reilly Automotive during the fourth quarter worth about $3,143,000. Atlantic Trust Group LLC lifted its position in shares of O'Reilly Automotive by 30.1% during the third quarter. Atlantic Trust Group LLC now owns 70,065 shares of the specialty retailer’s stock worth $15,090,000 after purchasing an additional 16,217 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of O'Reilly Automotive by 19.9% during the third quarter. Parametric Portfolio Associates LLC now owns 189,105 shares of the specialty retailer’s stock worth $40,728,000 after purchasing an additional 31,379 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in O'Reilly Automotive in the third quarter valued at approximately $225,000. Finally, Hartline Investment Corp raised its holdings in O'Reilly Automotive by 3.0% in the third quarter. Hartline Investment Corp now owns 34,452 shares of the specialty retailer’s stock valued at $7,420,000 after acquiring an additional 1,015 shares in the last quarter. 88.31% of the stock is currently owned by institutional investors and hedge funds.
Shares of O'Reilly Automotive Inc (NASDAQ:ORLY) opened at $258.45 on Thursday. The company has a current ratio of 0.93, a quick ratio of 0.10 and a debt-to-equity ratio of 4.72. O'Reilly Automotive Inc has a 1-year low of $169.43 and a 1-year high of $283.82. The firm has a market cap of $22,230.00, a P/E ratio of 22.00, a price-to-earnings-growth ratio of 1.40 and a beta of 0.84.
O'Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 25th. The specialty retailer reported $3.22 earnings per share for the quarter, topping analysts’ consensus estimates of $3.15 by $0.07. O'Reilly Automotive had a net margin of 12.13% and a return on equity of 93.18%. The company had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter last year, the company earned $2.90 earnings per share. The firm’s revenue for the quarter was up 5.3% on a year-over-year basis. sell-side analysts expect that O'Reilly Automotive Inc will post 11.89 EPS for the current year.
Several analysts recently weighed in on the stock. BidaskClub raised shares of O'Reilly Automotive from a “strong sell” rating to a “sell” rating in a report on Friday, January 5th. Credit Suisse Group set a $241.00 target price on shares of O'Reilly Automotive and gave the company a “hold” rating in a report on Thursday, January 4th. Zacks Investment Research cut shares of O'Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, December 29th. Wedbush reaffirmed a “neutral” rating and issued a $250.00 target price (up previously from $195.00) on shares of O'Reilly Automotive in a report on Friday, December 15th. Finally, Royal Bank of Canada raised shares of O'Reilly Automotive from a “sector perform” rating to an “outperform” rating in a report on Wednesday, December 13th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $249.45.
In other O'Reilly Automotive news, SVP Scott E. Kraus sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $212.49, for a total transaction of $318,735.00. Following the sale, the senior vice president now owns 2,959 shares of the company’s stock, valued at $628,757.91. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman David E. Oreilly sold 70,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $220.29, for a total transaction of $15,420,300.00. Following the sale, the chairman now directly owns 135,776 shares in the company, valued at approximately $29,910,095.04. The disclosure for this sale can be found here. In the last three months, insiders have sold 159,945 shares of company stock worth $36,282,766. 3.12% of the stock is owned by corporate insiders.
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O'Reilly Automotive Company Profile
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.
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