Stephens Inc. AR Decreases Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Stephens Inc. AR cut its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,627 shares of the specialty retailer’s stock after selling 33 shares during the quarter. Stephens Inc. AR’s holdings in O’Reilly Automotive were worth $7,632,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings 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 worth $5,739,462,000 after purchasing an additional 75,837 shares during the last quarter. Principal Financial Group Inc. raised its holdings in O’Reilly Automotive by 3.2% during the second quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer’s stock worth $1,954,404,000 after purchasing an additional 57,194 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in 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 purchasing an additional 19,211 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in 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 worth $1,180,259,000 after purchasing an additional 376,167 shares during the last quarter. Finally, International Assets Investment Management LLC raised its holdings in O’Reilly Automotive by 99,957.0% during the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after purchasing an additional 853,633 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Trading Down 0.6 %

O’Reilly Automotive stock opened at $1,146.59 on Friday. The stock has a fifty day moving average price of $1,154.60 and a 200 day moving average price of $1,084.97. 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 capitalization of $66.51 billion, a P/E ratio of 28.37, a PEG ratio of 2.36 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $4.42 billion. During the same period last year, the firm posted $10.72 EPS. O’Reilly Automotive’s revenue was up 3.8% on a year-over-year basis. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 40.82 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director Lawrence P. Oreilly sold 13,765 shares of the company’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 completion of the sale, the director now owns 141,589 shares of the company’s stock, valued at $158,511,717.28. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lawrence P. Oreilly sold 13,765 shares of the company’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 completion of the sale, the director now directly owns 141,589 shares of the company’s stock, valued at $158,511,717.28. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 16,370 shares of company stock valued at $18,333,966. Company insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on ORLY shares. Evercore ISI lifted their price objective on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. Roth Mkm reissued a “buy” rating and issued a $1,337.00 price target on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Barclays boosted their price target on O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Finally, Royal Bank of Canada boosted their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Four 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’s stock. According to MarketBeat, the company 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.