Bremer Trust National Association increased its stake in shares of O'Reilly Automotive Inc (NASDAQ:ORLY) by 8.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,026 shares of the company’s stock after buying an additional 165 shares during the period. Bremer Trust National Association’s holdings in O'Reilly Automotive were worth $547,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. increased its position in O'Reilly Automotive by 50.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 128,899 shares of the company’s stock valued at $35,887,000 after buying an additional 43,484 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of O'Reilly Automotive during the third quarter valued at $1,587,000. Howard Hughes Medical Institute acquired a new stake in shares of O'Reilly Automotive during the third quarter valued at $3,835,000. Bridgewater Associates LP increased its stake in shares of O'Reilly Automotive by 64.9% in the third quarter. Bridgewater Associates LP now owns 13,469 shares of the company’s stock valued at $3,773,000 after buying an additional 5,300 shares during the period. Finally, Westpac Banking Corp increased its stake in shares of O'Reilly Automotive by 48.2% in the third quarter. Westpac Banking Corp now owns 45,768 shares of the company’s stock valued at $12,820,000 after buying an additional 14,889 shares during the period. Institutional investors own 89.71% of the company’s stock.
O'Reilly Automotive Inc (NASDAQ:ORLY) traded up 0.194% on Thursday, reaching $253.522. 393,337 shares of the company traded hands. The company has a market capitalization of $23.23 billion, a P/E ratio of 23.627 and a beta of 0.69. O'Reilly Automotive Inc has a 12 month low of $248.02 and a 12 month high of $292.84. The company has a 50-day moving average price of $267.41 and a 200-day moving average price of $271.78.
O'Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Tuesday, February 7th. The company reported $2.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.54 by $0.05. The company earned $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. O'Reilly Automotive had a net margin of 12.08% and a return on equity of 57.99%. The company’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.19 EPS. Equities research analysts expect that O'Reilly Automotive Inc will post $12.37 EPS for the current year.
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Several brokerages have recently weighed in on ORLY. Atlantic Securities upgraded shares of O'Reilly Automotive to an “overweight” rating and set a $307.00 target price for the company in a research note on Friday, April 7th. They noted that the move was a valuation call. Cleveland Research downgraded shares of O'Reilly Automotive from a “buy” rating to a “neutral” rating in a research note on Monday, April 3rd. Credit Suisse Group AG set a $290.00 target price on shares of O'Reilly Automotive and gave the stock a “buy” rating in a research note on Saturday, March 4th. Zacks Investment Research upgraded shares of O'Reilly Automotive from a “hold” rating to a “buy” rating and set a $304.00 target price for the company in a research note on Wednesday, March 1st. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $304.00 target price (up previously from $296.00) on shares of O'Reilly Automotive in a research note on Thursday, February 9th. One research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $307.96.
In other news, insider Gregory D. Johnson sold 5,000 shares of the business’s stock in a transaction dated Wednesday, March 29th. The shares were sold at an average price of $275.00, for a total value of $1,375,000.00. Following the completion of the sale, the insider now owns 8,863 shares of the company’s stock, valued at approximately $2,437,325. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronald Rashkow sold 500 shares of the business’s stock in a transaction dated Friday, February 17th. The stock was sold at an average price of $267.61, for a total transaction of $133,805.00. Following the completion of the sale, the director now directly owns 6,005 shares of the company’s stock, valued at approximately $1,606,998.05. The disclosure for this sale can be found here. Insiders sold a total of 61,188 shares of company stock valued at $16,555,664 in the last three months. Insiders own 3.37% of the company’s stock.
O'Reilly Automotive Company Profile
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.
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