Saturna Capital Corp Has $4.37 Million Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Saturna Capital Corp raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,791 shares of the specialty retailer’s stock after acquiring an additional 35 shares during the period. Saturna Capital Corp’s holdings in O’Reilly Automotive were worth $4,366,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of ORLY. Avantax Advisory Services Inc. raised its position in O’Reilly Automotive by 6.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 1,384 shares of the specialty retailer’s stock valued at $1,562,000 after purchasing an additional 80 shares during the last quarter. Bleakley Financial Group LLC increased its stake in shares of O’Reilly Automotive by 2.5% in the first quarter. Bleakley Financial Group LLC now owns 1,150 shares of the specialty retailer’s stock valued at $1,298,000 after buying an additional 28 shares in the last quarter. Dearborn Partners LLC raised its stake in shares of O’Reilly Automotive by 11.9% in the first quarter. Dearborn Partners LLC now owns 319 shares of the specialty retailer’s stock worth $360,000 after acquiring an additional 34 shares during the last quarter. State Board of Administration of Florida Retirement System increased its holdings in shares of O’Reilly Automotive by 7.3% in the first quarter. State Board of Administration of Florida Retirement System now owns 72,927 shares of the specialty retailer’s stock valued at $82,326,000 after purchasing an additional 4,942 shares in the last quarter. Finally, Angeles Wealth Management LLC bought a new position in O’Reilly Automotive in the 1st quarter worth approximately $209,000. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Lawrence P. Oreilly sold 13,765 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the transaction, the director now directly owns 141,589 shares of the company’s stock, valued at $158,511,717.28. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The disclosure for this sale can be found here. Insiders sold a total of 16,322 shares of company stock worth $18,280,698 over the last ninety days. 1.18% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $1,247.74 on Wednesday. O’Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,247.74. The business has a 50 day simple moving average of $1,165.19 and a 200 day simple moving average of $1,091.11. The stock has a market cap of $72.03 billion, a price-to-earnings ratio of 30.60, a PEG ratio of 2.49 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) 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). The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $10.72 earnings per share. On average, analysts predict that O’Reilly Automotive, Inc. will post 40.81 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. UBS Group dropped their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research report on Thursday, July 18th. Royal Bank of Canada raised their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Morgan Stanley boosted their price objective on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a report on Thursday, October 24th. Wedbush reaffirmed a “neutral” rating and issued a $1,200.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Finally, Roth Mkm restated a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average target price of $1,242.13.

O’Reilly Automotive 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.