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

Capital Investment Counsel LLC lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,801 shares of the specialty retailer’s stock after acquiring an additional 226 shares during the period. Capital Investment Counsel LLC’s holdings in O’Reilly Automotive were worth $5,529,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ORLY. Larson Financial Group LLC raised its holdings in O’Reilly Automotive by 26.1% during the third quarter. Larson Financial Group LLC now owns 468 shares of the specialty retailer’s stock worth $539,000 after purchasing an additional 97 shares in the last quarter. Cerity Partners LLC grew its position in shares of O’Reilly Automotive by 53.0% in the 3rd quarter. Cerity Partners LLC now owns 16,678 shares of the specialty retailer’s stock valued at $19,207,000 after buying an additional 5,774 shares during the last quarter. Great Valley Advisor Group Inc. purchased a new position in shares of O’Reilly Automotive in the 3rd quarter valued at $224,000. Meridian Wealth Management LLC raised its stake in O’Reilly Automotive by 3.3% during the 3rd quarter. Meridian Wealth Management LLC now owns 2,849 shares of the specialty retailer’s stock worth $3,281,000 after acquiring an additional 90 shares in the last quarter. Finally, Icon Wealth Advisors LLC lifted its position in O’Reilly Automotive by 746.7% in the third quarter. Icon Wealth Advisors LLC now owns 4,149 shares of the specialty retailer’s stock valued at $4,778,000 after acquiring an additional 3,659 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insiders Place Their Bets

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

Analyst Ratings Changes

ORLY has been the topic of several research reports. Morgan Stanley raised their price objective on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a report on Thursday, October 24th. Royal Bank of Canada raised their price target 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. Wedbush reaffirmed a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Wells Fargo & Company increased their price objective on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a report on Monday, October 14th. Finally, Bank of America raised their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,242.13.

O’Reilly Automotive Stock Up 1.9 %

NASDAQ ORLY opened at $1,227.37 on Friday. O’Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,255.30. The firm has a 50-day moving average price of $1,179.37 and a 200 day moving average price of $1,101.68. The stock has a market capitalization of $70.86 billion, a P/E ratio of 30.37, a P/E/G ratio of 2.44 and a beta of 0.92.

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