Callan Capital LLC Purchases New Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Callan Capital LLC acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,086 shares of the specialty retailer’s stock, valued at approximately $1,032,000.

Several other large investors also recently modified their holdings of the stock. Steward Financial Group LLC boosted its holdings in shares of O’Reilly Automotive by 141.7% in the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 17 shares in the last quarter. Carmel Capital Partners LLC lifted its holdings in O’Reilly Automotive by 1,750.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after buying an additional 35 shares in the last quarter. Arlington Trust Co LLC acquired a new position in O’Reilly Automotive during the 3rd quarter worth $39,000. Washington Trust Advisors Inc. lifted its holdings in O’Reilly Automotive by 31.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock worth $52,000 after buying an additional 13 shares in the last quarter. Finally, Financial Management Professionals Inc. lifted its holdings in O’Reilly Automotive by 29.5% during the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock worth $54,000 after buying an additional 13 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ORLY has been the topic of several research reports. Mizuho initiated coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price objective on the stock. Royal Bank of Canada increased their price target on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a research note on Friday, February 9th. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday. Wedbush reissued a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday. Finally, Barclays increased their price target on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research note on Thursday, January 4th. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,106.31.

O’Reilly Automotive Trading Down 1.0 %

Shares of O’Reilly Automotive stock traded down $10.20 during trading hours on Friday, reaching $1,043.93. 335,739 shares of the company’s stock were exchanged, compared to its average volume of 330,021. The company has a 50 day moving average of $1,097.20 and a two-hundred day moving average of $1,015.51. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11. The stock has a market cap of $61.62 billion, a P/E ratio of 26.50, a P/E/G ratio of 1.93 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. During the same period last year, the business posted $8.28 EPS. O’Reilly Automotive’s revenue was up 7.2% on a year-over-year basis. As a group, analysts expect that O’Reilly Automotive, Inc. will post 41.7 earnings per share for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the sale, the chief financial officer now owns 2,335 shares of the company’s stock, valued at $2,400,380. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the transaction, the chief financial officer now owns 2,335 shares in the company, valued at $2,400,380. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman David E. Oreilly sold 6,444 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the transaction, the chairman now owns 205,095 shares in the company, valued at approximately $217,933,947. The disclosure for this sale can be found here. Insiders have sold 25,968 shares of company stock valued at $27,269,333 over the last three months. 1.55% of the stock is owned by insiders.

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.