284 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Purchased by Ariston Services Group

Ariston Services Group bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 284 shares of the specialty retailer’s stock, valued at approximately $327,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. grew its position in 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 valued at $5,739,462,000 after acquiring an additional 75,837 shares during the period. Principal Financial Group Inc. boosted its position in O’Reilly Automotive by 3.2% in the 2nd quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer’s stock valued at $1,954,404,000 after buying an additional 57,194 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of O’Reilly Automotive by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer’s stock worth $1,505,649,000 after acquiring an additional 19,211 shares during the last quarter. JPMorgan Chase & Co. grew its stake in O’Reilly Automotive by 56.2% during the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock valued at $1,180,259,000 after purchasing an additional 376,167 shares in the last quarter. Finally, International Assets Investment Management LLC raised its position in shares of O’Reilly Automotive by 99,957.0% in the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock valued at $984,027,000 after purchasing an additional 853,633 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In other news, Chairman David E. Oreilly sold 1,000 shares of the business’s stock in a transaction on 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 owns 183,583 shares of the company’s stock, valued at approximately $205,407,347.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Chairman David E. Oreilly sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The shares were 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 in the company, valued at $205,407,347.04. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lawrence P. Oreilly sold 13,765 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the transaction, the director now owns 141,589 shares of the company’s stock, valued at $158,511,717.28. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 16,370 shares of company stock valued at $18,333,966 in the last three months. Corporate insiders own 1.18% of the company’s stock.

O’Reilly Automotive Stock Performance

ORLY traded up $6.16 during trading hours on Wednesday, reaching $1,182.06. The company’s stock had a trading volume of 28,446 shares, compared to its average volume of 372,955. O’Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,221.18. The firm has a market cap of $68.57 billion, a PE ratio of 29.09, a price-to-earnings-growth ratio of 2.42 and a beta of 0.92. The company’s 50-day moving average is $1,153.01 and its 200-day moving average is $1,083.41.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (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 firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter last year, the firm earned $10.72 earnings per share. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ORLY shares. JPMorgan Chase & Co. raised their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Royal Bank of Canada upped their price target on shares of 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. Wedbush reiterated a “neutral” rating and set a $1,200.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Roth Mkm reaffirmed a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Finally, DA Davidson reissued a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus price target 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.