O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by KG&L Capital Management LLC

KG&L Capital Management LLC boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 6.9% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 758 shares of the specialty retailer’s stock after buying an additional 49 shares during the quarter. KG&L Capital Management LLC’s holdings in O’Reilly Automotive were worth $873,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in ORLY. Trifecta Capital Advisors LLC increased its stake in O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares during the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of O’Reilly Automotive in the 3rd quarter worth $41,000. Crewe Advisors LLC purchased a new position in shares of O’Reilly Automotive in the 1st quarter worth $43,000. Kings Path Partners LLC acquired a new position in O’Reilly Automotive in the second quarter valued at $44,000. Finally, ORG Partners LLC purchased a new stake in O’Reilly Automotive during the second quarter valued at about $48,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. UBS Group reduced their price objective on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research note on Thursday, July 18th. Bank of America lifted their price target on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Wells Fargo & Company increased their price objective on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. DA Davidson restated a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a report on Thursday, October 24th. Finally, Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,242.13.

O’Reilly Automotive Price Performance

ORLY opened at $1,146.59 on Monday. The stock has a market capitalization of $66.51 billion, a PE ratio of 28.37, a P/E/G ratio of 2.34 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,221.18. The firm’s fifty day moving average price is $1,154.60 and its 200 day moving average price is $1,084.87.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results 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 negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the previous year, the business posted $10.72 EPS. O’Reilly Automotive’s revenue was up 3.8% compared to the same quarter last year. On average, equities research analysts forecast that O’Reilly Automotive, Inc. will post 40.82 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Dana Perlman sold 48 shares of the business’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the completion of the transaction, the director now owns 1,097 shares of the company’s stock, valued at approximately $1,217,406.72. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Dana Perlman sold 48 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the director now directly owns 1,097 shares in the company, valued at approximately $1,217,406.72. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman David E. Oreilly sold 1,000 shares of the stock in a transaction dated 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 owns 183,583 shares of the company’s stock, valued at $205,407,347.04. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 16,370 shares of company stock valued at $18,333,966 over the last three months. Company insiders own 1.55% of the company’s stock.

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.