Capital Investment Advisors LLC Buys 281 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Capital Investment Advisors LLC boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 24.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,445 shares of the specialty retailer’s stock after buying an additional 281 shares during the period. Capital Investment Advisors LLC’s holdings in O’Reilly Automotive were worth $1,526,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of O’Reilly Automotive by 1.5% during the first quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer’s stock worth $5,739,462,000 after acquiring an additional 75,837 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of O’Reilly Automotive by 4.5% in the first quarter. Principal Financial Group Inc. now owns 1,793,461 shares of the specialty retailer’s stock worth $2,024,604,000 after purchasing an additional 76,517 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of O’Reilly Automotive by 15.0% in the first quarter. Bank of New York Mellon Corp now owns 1,406,513 shares of the specialty retailer’s stock valued at $1,587,784,000 after purchasing an additional 183,296 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of O’Reilly Automotive by 56.2% during the first quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock valued at $1,180,259,000 after buying an additional 376,167 shares during the last quarter. Finally, Jennison Associates LLC grew its holdings in O’Reilly Automotive by 7.6% during the fourth quarter. Jennison Associates LLC now owns 947,484 shares of the specialty retailer’s stock worth $900,186,000 after buying an additional 66,629 shares in the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Dana Perlman sold 48 shares of the company’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the sale, the director now directly owns 1,097 shares in the company, valued at $1,217,406.72. The sale was disclosed in a document filed with the SEC, which is available at this link. In other O’Reilly Automotive news, Director Dana Perlman sold 48 shares of the firm’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.48. Following the completion of the transaction, the director now directly owns 1,097 shares of the company’s stock, valued at approximately $1,217,406.72. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Gregory D. Johnson sold 15,364 shares of the company’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the completion of the transaction, the director now directly owns 5,016 shares in the company, valued at approximately $5,698,978.56. The disclosure for this sale can be found here. In the last quarter, insiders have sold 35,589 shares of company stock valued at $39,989,614. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Up 0.3 %

Shares of NASDAQ ORLY traded up $3.51 during midday trading on Friday, hitting $1,124.41. The company’s stock had a trading volume of 208,770 shares, compared to its average volume of 397,448. The firm has a market capitalization of $66.22 billion, a price-to-earnings ratio of 28.54, a P/E/G ratio of 2.15 and a beta of 0.92. The stock has a fifty day moving average price of $1,050.41 and a 200 day moving average price of $1,056.20. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11.

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on ORLY shares. Wells Fargo & Company cut their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a report on Thursday, April 25th. Truist Financial lifted their price target on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Royal Bank of Canada cut 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 report on Friday, July 26th. Wedbush reaffirmed a “neutral” rating and set a $1,100.00 target price on shares of O’Reilly Automotive in a research report on Thursday, July 25th. Finally, DA Davidson boosted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,130.67.

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.