B. Metzler seel. Sohn & Co. Holding AG Purchases New Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,871 shares of the specialty retailer’s stock, valued at approximately $3,306,000.

Other large investors have also recently made changes to their positions in the company. Bank Pictet & Cie Asia Ltd. purchased a new stake in O’Reilly Automotive in the second quarter worth $800,000. Handelsbanken Fonder AB lifted its stake in shares of O’Reilly Automotive by 2.5% in the 3rd quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer’s stock valued at $34,507,000 after purchasing an additional 727 shares during the period. Assetmark Inc. boosted its position in shares of O’Reilly Automotive by 20.8% during the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after purchasing an additional 3,193 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in O’Reilly Automotive by 90.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,638 shares of the specialty retailer’s stock worth $15,458,000 after purchasing an additional 6,954 shares during the period. Finally, Marshfield Associates lifted its position in O’Reilly Automotive by 0.6% during the second quarter. Marshfield Associates now owns 302,886 shares of the specialty retailer’s stock valued at $319,866,000 after buying an additional 1,718 shares during the period. 85.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.55% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Stock Performance

ORLY opened at $1,188.87 on Thursday. The stock has a market cap of $68.63 billion, a price-to-earnings ratio of 29.41, a price-to-earnings-growth ratio of 2.46 and a beta of 0.92. The firm’s fifty day moving average is $1,175.63 and its 200 day moving average is $1,098.92. O’Reilly Automotive, Inc. has a fifty-two week low of $914.50 and a fifty-two week high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter in the previous year, the firm earned $10.72 earnings per share. O’Reilly Automotive’s revenue was up 3.8% on a year-over-year basis. On average, equities research analysts predict that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of analyst reports. Morgan Stanley raised their target price on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Wells Fargo & Company increased their target price on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research note on Monday, October 14th. Finally, Evercore ISI upped their price target on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a report on Thursday, August 22nd. Four equities research 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 company. Based on data from MarketBeat, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus target price of $1,242.13.

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.