O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Summit Financial LLC

Summit Financial LLC raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 8.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,559 shares of the specialty retailer’s stock after purchasing an additional 127 shares during the period. Summit Financial LLC’s holdings in O’Reilly Automotive were worth $1,481,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Carmel Capital Partners LLC grew its stake in O’Reilly Automotive by 1,750.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 35 shares during the period. Arlington Trust Co LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth about $39,000. Washington Trust Advisors Inc. increased its stake in shares of O’Reilly Automotive by 31.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock worth $52,000 after purchasing an additional 13 shares in the last quarter. Financial Management Professionals Inc. lifted its stake in O’Reilly Automotive by 29.5% in the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after buying an additional 13 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in O’Reilly Automotive by 57.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 63 shares of the specialty retailer’s stock valued at $57,000 after buying an additional 23 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Trading Down 0.0 %

Shares of NASDAQ ORLY traded down $0.06 during trading hours on Thursday, reaching $1,005.05. The stock had a trading volume of 47,144 shares, compared to its average volume of 372,535. The firm has a market cap of $59.33 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 1.91 and a beta of 0.90. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11. The firm has a 50-day moving average of $1,095.77 and a 200-day moving average of $1,018.24.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same period last year, the firm posted $8.28 earnings per share. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 41.92 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on ORLY. Evercore ISI reduced their target price on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating for the company in a report on Friday, April 26th. Wells Fargo & Company dropped their price target on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research report on Thursday, April 25th. Barclays boosted their price objective on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 4th. Mizuho started coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price on the stock. Finally, Wedbush reiterated a “neutral” rating and issued a $1,100.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, April 25th. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $1,110.07.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the completion of the sale, the senior vice president now owns 963 shares in the company, valued at $1,000,200.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the sale, the executive vice president now owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the transaction, the senior vice president now directly owns 963 shares of the company’s stock, valued at $1,000,200.69. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,968 shares of company stock worth $27,269,333. 1.55% of the stock is owned by company insiders.

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.