Stonegate Investment Group LLC Buys 42 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Stonegate Investment Group LLC boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,496 shares of the specialty retailer’s stock after purchasing an additional 42 shares during the quarter. Stonegate Investment Group LLC’s holdings in O’Reilly Automotive were worth $2,874,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Nordea Investment Management AB grew its holdings in shares of O’Reilly Automotive by 3.8% during the first quarter. Nordea Investment Management AB now owns 60,057 shares of the specialty retailer’s stock worth $68,327,000 after purchasing an additional 2,214 shares during the last quarter. Bank Pictet & Cie Asia Ltd. bought a new stake in O’Reilly Automotive during the 2nd quarter worth about $800,000. Handelsbanken Fonder AB increased its position in O’Reilly Automotive by 2.5% in the 3rd quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer’s stock valued at $34,507,000 after acquiring an additional 727 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of O’Reilly Automotive by 5.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 14,814 shares of the specialty retailer’s stock worth $16,723,000 after acquiring an additional 701 shares during the last quarter. Finally, Perpetual Ltd lifted its position in shares of O’Reilly Automotive by 322.6% during the first quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock worth $1,289,000 after purchasing an additional 871 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Gregory D. Johnson sold 15,364 shares of the firm’s 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 transaction of $17,455,962.24. Following the completion of the sale, the director now directly owns 5,016 shares in the company, valued at $5,698,978.56. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 413 shares of the business’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total value of $462,560.00. Following the completion of the sale, the senior vice president now owns 265 shares of the company’s stock, valued at $296,800. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Gregory D. Johnson sold 15,364 shares of the firm’s 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 transaction, the director now directly owns 5,016 shares in the company, valued at $5,698,978.56. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 50,411 shares of company stock valued at $56,846,062. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Up 0.6 %

Shares of NASDAQ:ORLY traded up $6.64 during trading on Friday, hitting $1,210.86. 41,550 shares of the company were exchanged, compared to its average volume of 374,105. The firm has a fifty day moving average price of $1,140.41 and a two-hundred day moving average price of $1,078.59. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,221.05. The stock has a market cap of $71.31 billion, a price-to-earnings ratio of 30.56, a P/E/G ratio of 2.24 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The business had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.32 billion. During the same quarter last year, the company posted $10.22 EPS. The firm’s revenue was up 5.0% on a year-over-year basis. As a group, research analysts predict that O’Reilly Automotive, Inc. will post 41.1 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ORLY. Bank of America lifted their target price on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. JPMorgan Chase & Co. upped their target price on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday. Roth Mkm reiterated a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a research report on Wednesday. DA Davidson boosted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Finally, Royal Bank of Canada reduced their price objective on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research note on Friday, July 26th. Three research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,206.87.

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.