O’Reilly Automotive, Inc. $ORLY Shares Acquired by MGO One Seven LLC

MGO One Seven LLC boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 31.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,131 shares of the specialty retailer’s stock after purchasing an additional 10,802 shares during the quarter. MGO One Seven LLC’s holdings in O’Reilly Automotive were worth $3,855,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of ORLY. Aprio Wealth Management LLC grew its position in O’Reilly Automotive by 18.3% during the third quarter. Aprio Wealth Management LLC now owns 7,017 shares of the specialty retailer’s stock worth $599,000 after buying an additional 1,085 shares in the last quarter. International Assets Investment Management LLC raised its holdings in O’Reilly Automotive by 1,940.6% in the 3rd quarter. International Assets Investment Management LLC now owns 250,000 shares of the specialty retailer’s stock valued at $21,352,000 after acquiring an additional 237,749 shares in the last quarter. Glenview Trust Co raised its holdings in O’Reilly Automotive by 7.5% in the 3rd quarter. Glenview Trust Co now owns 160,188 shares of the specialty retailer’s stock valued at $13,682,000 after acquiring an additional 11,178 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at $265,000. Finally, Blueprint Investment Partners LLC lifted its position in shares of O’Reilly Automotive by 3.1% during the 3rd quarter. Blueprint Investment Partners LLC now owns 20,987 shares of the specialty retailer’s stock valued at $1,792,000 after acquiring an additional 622 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the topic of several analyst reports. Robert W. Baird set a $100.00 target price on O’Reilly Automotive and gave the stock a “neutral” rating in a report on Friday, July 31st. Wells Fargo & Company boosted their price target on O’Reilly Automotive from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, October 29th. Citigroup reaffirmed a “buy” rating and set a $106.00 price objective (up from $104.00) on shares of O’Reilly Automotive in a research report on Monday, August 3rd. UBS Group reiterated a “buy” rating and set a $122.00 price objective (up from $120.00) on shares of O’Reilly Automotive in a research note on Thursday. Finally, Wolfe Research set a $98.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $108.00.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $90.70 on Tuesday. The company has a market cap of $73.37 billion, a price-to-earnings ratio of 27.82, a PEG ratio of 2.18 and a beta of 0.54. The firm has a 50 day simple moving average of $87.23 and a 200 day simple moving average of $90.51. O’Reilly Automotive, Inc. has a one year low of $82.59 and a one year high of $102.46.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 28th. The specialty retailer reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $5.12 billion for the quarter, compared to analysts’ expectations of $5.02 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 221.77%. The company’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.85 earnings per share. As a group, analysts expect that O’Reilly Automotive, Inc. will post 3.31 EPS for the current year.

Insider Activity at O’Reilly Automotive

In related news, SVP Christopher Mancini sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $93.00, for a total transaction of $279,000.00. Following the sale, the senior vice president owned 189 shares of the company’s stock, valued at $17,577. This trade represents a 94.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Thomas Hendrickson sold 1,000 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $87.83, for a total value of $87,830.00. Following the sale, the director owned 18,675 shares in the company, valued at $1,640,225.25. This represents a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,000 shares of company stock valued at $550,530 in the last 90 days. 0.77% of the stock is owned by corporate insiders.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves both do-it-yourself customers and professional service technicians, offering products used for vehicle maintenance, repair and customization. Its merchandise includes replacement parts, batteries, filters, lighting products, shop equipment, automotive chemicals and related accessories.

Founded in 1957 by the O’Reilly family, the company began as a single store in Springfield, Missouri.