DE Burlo Group Inc. Has $22.86 Million Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

DE Burlo Group Inc. increased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 62.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 19,850 shares of the specialty retailer’s stock after buying an additional 7,650 shares during the period. O’Reilly Automotive makes up 2.8% of DE Burlo Group Inc.’s holdings, making the stock its 13th biggest holding. DE Burlo Group Inc.’s holdings in O’Reilly Automotive were worth $22,859,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Seven Eight Capital LP lifted its position in O’Reilly Automotive by 40.4% during the 1st quarter. Seven Eight Capital LP now owns 382 shares of the specialty retailer’s stock valued at $431,000 after purchasing an additional 110 shares during the period. Crewe Advisors LLC acquired a new stake in shares of O’Reilly Automotive in the 1st quarter valued at approximately $43,000. CreativeOne Wealth LLC raised its position in shares of O’Reilly Automotive by 249.6% in the 1st quarter. CreativeOne Wealth LLC now owns 1,388 shares of the specialty retailer’s stock valued at $1,567,000 after acquiring an additional 991 shares during the period. Wellington Wealth Strategies LLC. acquired a new stake in shares of O’Reilly Automotive in the 1st quarter valued at approximately $227,000. Finally, EP Wealth Advisors LLC raised its position in shares of O’Reilly Automotive by 1.6% in the 1st quarter. EP Wealth Advisors LLC now owns 1,270 shares of the specialty retailer’s stock valued at $1,434,000 after acquiring an additional 20 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ORLY. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. DA Davidson reiterated a “buy” rating and issued a $1,275.00 price target on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Barclays increased their target price on O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Finally, Royal Bank of Canada increased their target price on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Four investment 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 stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,242.13.

Insiders Place Their Bets

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction that occurred on 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Down 1.0 %

NASDAQ:ORLY opened at $1,188.87 on Thursday. The business’s 50-day moving average price is $1,175.63 and its two-hundred day moving average price is $1,098.92. O’Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,255.30. The stock has a market cap of $68.63 billion, a P/E ratio of 29.41, a PEG ratio of 2.44 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. O’Reilly Automotive’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the company posted $10.72 earnings per share. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

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.