Tidal Investments LLC Has $7.43 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Tidal Investments LLC lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 191.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,566 shares of the specialty retailer’s stock after purchasing an additional 4,313 shares during the period. Tidal Investments LLC’s holdings in O’Reilly Automotive were worth $7,427,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. increased its holdings in O’Reilly Automotive by 16.7% in the fourth quarter. Blue Trust Inc. now owns 279 shares of the specialty retailer’s stock worth $253,000 after purchasing an additional 40 shares in the last quarter. PFG Advisors lifted its holdings in shares of O’Reilly Automotive by 2.4% in the 4th quarter. PFG Advisors now owns 1,145 shares of the specialty retailer’s stock worth $1,088,000 after purchasing an additional 27 shares in the last quarter. Miracle Mile Advisors LLC bought a new stake in shares of O’Reilly Automotive during the fourth quarter worth about $292,000. Chicago Capital LLC raised its holdings in shares of O’Reilly Automotive by 8.3% in the 4th quarter. Chicago Capital LLC now owns 2,796 shares of the specialty retailer’s stock worth $2,656,000 after acquiring an additional 215 shares during the last quarter. Finally, Oak Thistle LLC lifted its position in O’Reilly Automotive by 270.7% in the 4th quarter. Oak Thistle LLC now owns 2,406 shares of the specialty retailer’s stock valued at $2,286,000 after acquiring an additional 1,757 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.4 %

NASDAQ:ORLY traded up $4.52 on Thursday, reaching $1,130.86. 62,327 shares of the stock traded hands, compared to its average volume of 396,776. The company has a market capitalization of $66.60 billion, a price-to-earnings ratio of 28.59, a PEG ratio of 2.17 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The company’s fifty day simple moving average is $1,029.42 and its 200 day simple moving average is $1,050.81.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing the consensus estimate of $10.98 by ($0.43). The firm had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. O’Reilly Automotive’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $10.22 EPS. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 41.14 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on ORLY shares. DA Davidson lifted their target price on O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Wells Fargo & Company dropped their target price on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research note on Thursday, April 25th. Royal Bank of Canada dropped their price objective on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research note on Friday, July 26th. Wedbush reissued a “neutral” rating and issued a $1,100.00 target price on shares of O’Reilly Automotive in a research report on Thursday, July 25th. Finally, StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and an average price target of $1,130.67.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of the business’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the sale, the chief executive officer now owns 716 shares in the company, valued at approximately $726,740. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, insider Philip M. Hopper 1,023 shares of O’Reilly Automotive stock in a transaction dated Tuesday, July 30th. The was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the sale, the chief executive officer now directly owns 716 shares in the company, valued at approximately $726,740. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate 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.