28 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Bought by Darwin Wealth Management LLC

Darwin Wealth Management LLC purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the third quarter, HoldingsChannel.com reports. The firm purchased 28 shares of the specialty retailer’s stock, valued at approximately $32,000.

Other institutional investors have also added to or reduced their stakes in the company. Trifecta Capital Advisors LLC boosted its position in O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at $37,000. Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at $41,000. Kings Path Partners LLC acquired a new stake in shares of O’Reilly Automotive in the second quarter worth $44,000. Finally, ORG Partners LLC purchased a new position in shares of O’Reilly Automotive during the second quarter worth $48,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 1.3 %

Shares of ORLY opened at $1,204.61 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,255.30. The firm has a market capitalization of $69.54 billion, a P/E ratio of 29.80, a P/E/G ratio of 2.44 and a beta of 0.92. The firm has a 50-day moving average price of $1,177.33 and a 200 day moving average price of $1,099.65.

O’Reilly Automotive (NASDAQ:ORLY) last announced 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 negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the prior year, the business earned $10.72 EPS. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. Equities research analysts predict that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on ORLY shares. Evercore ISI increased their price target on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. JPMorgan Chase & Co. lifted their price target on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. TD Cowen upped their price objective on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Finally, Royal Bank of Canada increased their price target on shares of 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 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 company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,242.13.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.55% of the company’s stock.

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.