Curi RMB Capital LLC Has $675,000 Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Curi RMB Capital LLC boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 12.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 586 shares of the specialty retailer’s stock after buying an additional 63 shares during the quarter. Curi RMB Capital LLC’s holdings in O’Reilly Automotive were worth $675,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Trifecta Capital Advisors LLC boosted its stake in O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 23 shares in the last quarter. Princeton Global Asset Management LLC acquired a new stake in O’Reilly Automotive in the 3rd quarter valued at $41,000. Crewe Advisors LLC acquired a new stake in O’Reilly Automotive in the 1st quarter valued at $43,000. Kings Path Partners LLC acquired a new stake in O’Reilly Automotive in the 2nd quarter valued at $44,000. Finally, ORG Partners LLC acquired a new stake in O’Reilly Automotive in the 2nd quarter valued at $48,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.9 %

NASDAQ ORLY opened at $1,213.37 on Friday. The stock has a 50-day simple moving average of $1,168.95 and a 200 day simple moving average of $1,093.06. The company has a market capitalization of $70.05 billion, a PE ratio of 30.02, a P/E/G ratio of 2.51 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $10.72 EPS. As a group, sell-side analysts predict that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on ORLY. Wedbush reissued a “neutral” rating and issued a $1,200.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Truist Financial boosted their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Royal Bank of Canada boosted their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Finally, Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,242.13.

Insiders Place Their Bets

In other news, Chairman David E. Oreilly sold 1,000 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the completion of the transaction, the chairman now directly owns 183,583 shares of the company’s stock, valued at $205,407,347.04. This represents a 0.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The disclosure for this sale can be found here. Insiders sold 16,322 shares of company stock worth $18,280,698 over the last ninety days. 1.55% of the stock is currently owned by corporate insiders.

About O’Reilly Automotive

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.