O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by Procyon Advisors LLC

Procyon Advisors LLC increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYGet Rating) by 10.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 572 shares of the specialty retailer’s stock after acquiring an additional 56 shares during the period. Procyon Advisors LLC’s holdings in O’Reilly Automotive were worth $361,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Red Door Wealth Management LLC boosted its holdings in O’Reilly Automotive by 2.7% in the 1st quarter. Red Door Wealth Management LLC now owns 646 shares of the specialty retailer’s stock worth $442,000 after buying an additional 17 shares during the last quarter. Plancorp LLC boosted its holdings in O’Reilly Automotive by 1.5% in the 1st quarter. Plancorp LLC now owns 1,119 shares of the specialty retailer’s stock worth $766,000 after buying an additional 17 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its holdings in O’Reilly Automotive by 6.1% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 313 shares of the specialty retailer’s stock worth $214,000 after buying an additional 18 shares during the last quarter. Kingfisher Capital LLC boosted its holdings in O’Reilly Automotive by 0.3% in the 1st quarter. Kingfisher Capital LLC now owns 5,353 shares of the specialty retailer’s stock worth $3,667,000 after buying an additional 18 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in O’Reilly Automotive by 1.5% in the 4th quarter. Cetera Investment Advisers now owns 1,316 shares of the specialty retailer’s stock worth $930,000 after buying an additional 19 shares during the last quarter. 84.03% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Up 0.3 %

Shares of NASDAQ ORLY opened at $695.28 on Tuesday. The firm has a market cap of $44.03 billion, a price-to-earnings ratio of 21.96, a PEG ratio of 1.76 and a beta of 0.99. O’Reilly Automotive, Inc. has a 52-week low of $562.90 and a 52-week high of $750.88. The business’s 50 day moving average is $704.26 and its two-hundred day moving average is $672.33.

O’Reilly Automotive (NASDAQ:ORLYGet Rating) last posted its quarterly earnings results on Wednesday, July 27th. The specialty retailer reported $8.78 EPS for the quarter, missing the consensus estimate of $8.98 by ($0.20). The business had revenue of $3.67 billion during the quarter, compared to analyst estimates of $3.71 billion. O’Reilly Automotive had a negative return on equity of 520.10% and a net margin of 15.55%. The business’s revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm earned $8.33 EPS. Analysts anticipate that O’Reilly Automotive, Inc. will post 31.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ORLY. Stephens boosted their target price on O’Reilly Automotive from $765.00 to $800.00 and gave the stock an “overweight” rating in a report on Monday, August 1st. DA Davidson boosted their target price on O’Reilly Automotive from $740.00 to $815.00 in a report on Friday, July 29th. The Goldman Sachs Group lifted their price target on shares of O’Reilly Automotive from $667.00 to $745.00 and gave the company a “buy” rating in a research report on Tuesday, August 2nd. Morgan Stanley lifted their price target on shares of O’Reilly Automotive from $635.00 to $690.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 24th. Finally, Guggenheim lifted their price target on shares of O’Reilly Automotive to $823.00 in a research report on Monday, August 15th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $758.43.

Insiders Place Their Bets

In other O’Reilly Automotive news, Chairman David E. Oreilly sold 5,200 shares of the business’s stock in a transaction on Thursday, August 18th. The shares were sold at an average price of $742.66, for a total value of $3,861,832.00. Following the completion of the transaction, the chairman now owns 67,752 shares in the company, valued at $50,316,700.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other O’Reilly Automotive news, Chairman David E. Oreilly sold 5,200 shares of the business’s stock in a transaction on Thursday, August 18th. The shares were sold at an average price of $742.66, for a total value of $3,861,832.00. Following the completion of the transaction, the chairman now owns 67,752 shares in the company, valued at $50,316,700.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman David E. Oreilly sold 7,145 shares of the business’s stock in a transaction on Thursday, July 28th. The stock was sold at an average price of $700.00, for a total transaction of $5,001,500.00. Following the completion of the transaction, the chairman now owns 294,582 shares of the company’s stock, valued at approximately $206,207,400. The disclosure for this sale can be found here. Insiders sold a total of 51,444 shares of company stock worth $37,192,687 over the last 90 days. Corporate insiders own 1.73% of the company’s stock.

O’Reilly Automotive Company Profile

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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. 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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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