ABN Amro Investment Solutions bought a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,425 shares of the specialty retailer’s stock, valued at approximately $2,021,000.
Several other institutional investors have also modified their holdings of the company. Lindbrook Capital LLC boosted its position in O’Reilly Automotive by 2.6% during the first quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer’s stock worth $448,000 after purchasing an additional 8 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of O’Reilly Automotive by 1.2% in the first quarter. Geneos Wealth Management Inc. now owns 665 shares of the specialty retailer’s stock valued at $953,000 after buying an additional 8 shares in the last quarter. Journey Strategic Wealth LLC raised its stake in shares of O’Reilly Automotive by 4.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 221 shares of the specialty retailer’s stock worth $317,000 after buying an additional 9 shares during the last quarter. Foundations Investment Advisors LLC boosted its position in shares of O’Reilly Automotive by 2.3% in the 1st quarter. Foundations Investment Advisors LLC now owns 395 shares of the specialty retailer’s stock worth $566,000 after buying an additional 9 shares in the last quarter. Finally, Hemington Wealth Management grew its stake in O’Reilly Automotive by 4.5% in the 1st quarter. Hemington Wealth Management now owns 207 shares of the specialty retailer’s stock valued at $296,000 after acquiring an additional 9 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Trading Up 0.5%
Shares of NASDAQ:ORLY opened at $98.80 on Friday. The firm has a market cap of $83.40 billion, a price-to-earnings ratio of 34.23, a PEG ratio of 2.48 and a beta of 0.57. The stock’s 50-day moving average price is $101.37 and its two-hundred day moving average price is $97.13. O’Reilly Automotive, Inc. has a 12-month low of $78.30 and a 12-month high of $108.71.
Analysts Set New Price Targets
ORLY has been the subject of a number of research reports. UBS Group restated a “buy” rating and set a $120.00 target price (up previously from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Barclays set a $91.00 price objective on O’Reilly Automotive and gave the stock an “equal weight” rating in a research report on Monday, October 27th. DA Davidson increased their target price on O’Reilly Automotive from $107.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 25th. Royal Bank Of Canada set a $110.00 price target on O’Reilly Automotive and gave the stock an “outperform” rating in a report on Friday, October 24th. Finally, Mizuho set a $112.00 price objective on O’Reilly Automotive in a research report on Monday, October 20th. Nineteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus price target of $111.89.
Read Our Latest Stock Analysis on O’Reilly Automotive
Insider Buying and Selling at O’Reilly Automotive
In other news, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the sale, the director directly owned 8,125 shares of the company’s stock, valued at $752,375. The trade was a 27.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.01% of the stock is currently owned by company insiders.
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.
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