O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,122 shares of the specialty retailer’s stock after buying an additional 15 shares during the quarter. Bleakley Financial Group LLC’s holdings in O’Reilly Automotive were worth $1,066,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC purchased a new position in shares of O’Reilly Automotive during the 2nd quarter valued at approximately $25,000. Steward Financial Group LLC boosted its stake in shares of O’Reilly Automotive by 141.7% during the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 17 shares during the last quarter. Ancora Advisors LLC purchased a new position in shares of O’Reilly Automotive during the 4th quarter valued at approximately $30,000. Householder Group Estate & Retirement Specialist LLC purchased a new position in shares of O’Reilly Automotive during the 3rd quarter valued at approximately $34,000. Finally, Carmel Capital Partners LLC boosted its stake in shares of O’Reilly Automotive by 1,750.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 35 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $1,083.00 on Friday. The firm has a market capitalization of $63.93 billion, a price-to-earnings ratio of 28.14, a price-to-earnings-growth ratio of 1.98 and a beta of 0.86. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The stock’s fifty day moving average is $1,088.91 and its 200-day moving average is $1,002.28.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, beating analysts’ consensus estimates of $9.07 by $0.19. The company had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company earned $8.37 earnings per share. Analysts forecast that O’Reilly Automotive, Inc. will post 42.09 EPS for the current fiscal year.

Insider Activity

In related news, SVP Christopher Andrew Mancini sold 1,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, SVP Christopher Andrew Mancini sold 1,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the transaction, the executive vice president now directly owns 5,533 shares in the company, valued at $5,884,566.82. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 27,468 shares of company stock valued at $28,769,333. Company insiders own 1.55% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on ORLY. Evercore ISI increased their target price on O’Reilly Automotive from $1,235.00 to $1,240.00 and gave the company an “outperform” rating in a research note on Tuesday, April 2nd. Royal Bank of Canada raised their price objective on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Wells Fargo & Company raised their price objective on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Monday, March 25th. Barclays raised their price objective on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 4th. Finally, Stephens restated an “overweight” rating and set a $1,060.00 price objective on shares of O’Reilly Automotive in a research note on Tuesday, December 19th. Five equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,090.76.

About O’Reilly Automotive

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.