O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by NBW Capital LLC

NBW Capital LLC increased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,889 shares of the specialty retailer’s stock after acquiring an additional 74 shares during the quarter. NBW Capital LLC’s holdings in O’Reilly Automotive were worth $4,390,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ORLY. Norges Bank purchased a new position in O’Reilly Automotive during the 4th quarter worth $671,384,000. International Assets Investment Management LLC boosted its holdings in shares of O’Reilly Automotive by 89,319.3% in the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock valued at $621,025,000 after acquiring an additional 652,924 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of O’Reilly Automotive by 656.2% in the fourth quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock valued at $434,780,000 after acquiring an additional 397,108 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of O’Reilly Automotive by 56.2% in 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 acquiring an additional 376,167 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted 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 acquiring an additional 183,296 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ORLY has been the topic of several analyst reports. Royal Bank of Canada lowered their target price on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a report on Friday, July 26th. Wells Fargo & Company decreased 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. UBS Group cut their target price on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research report on Thursday, July 18th. DA Davidson boosted their target price on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a report on Friday, July 26th. Finally, Evercore ISI decreased their price objective on shares of O’Reilly Automotive from $1,250.00 to $1,225.00 and set an “outperform” rating for the company in a research note on Tuesday, July 16th. Four research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,130.67.

O’Reilly Automotive Stock Up 0.3 %

O’Reilly Automotive stock traded up $3.62 on Friday, hitting $1,137.02. The company’s stock had a trading volume of 477,432 shares, compared to its average volume of 395,838. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The company has a fifty day moving average price of $1,035.57 and a 200-day moving average price of $1,053.10. The firm has a market cap of $66.96 billion, a P/E ratio of 28.86, a price-to-earnings-growth ratio of 2.15 and a beta of 0.92.

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

Insider Activity

In related news, Director Gregory D. Johnson sold 15,364 shares of the stock in a transaction that occurred 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 sale, the director now directly owns 5,016 shares of the company’s stock, valued at approximately $5,698,978.56. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 18,264 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the completion of the transaction, the chairman now owns 13,347 shares of the company’s stock, valued at approximately $15,049,409.85. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Gregory D. Johnson sold 15,364 shares of the stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total value of $17,455,962.24. Following the completion of the sale, the director now directly owns 5,016 shares of the company’s stock, valued at approximately $5,698,978.56. The disclosure for this sale can be found here. Insiders sold a total of 35,541 shares of company stock valued at $39,936,345 in the last ninety days. 1.55% of the stock is owned by insiders.

O’Reilly Automotive Company 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.