Timber Hill LLC bought a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 4,346 shares of the specialty retailer’s stock, valued at approximately $936,000.

Several other institutional investors have also modified their holdings of ORLY. Monetary Management Group Inc. boosted its position in O’Reilly Automotive by 16.3% in the second quarter. Monetary Management Group Inc. now owns 465 shares of the specialty retailer’s stock valued at $102,000 after buying an additional 65 shares in the last quarter. Barrett Asset Management LLC boosted its position in O’Reilly Automotive by 261.5% in the second quarter. Barrett Asset Management LLC now owns 470 shares of the specialty retailer’s stock valued at $103,000 after buying an additional 340 shares in the last quarter. Proficio Capital Partners LLC boosted its position in O’Reilly Automotive by 1.0% in the second quarter. Proficio Capital Partners LLC now owns 501 shares of the specialty retailer’s stock valued at $105,000 after buying an additional 5 shares in the last quarter. Sun Life Financial INC boosted its position in O’Reilly Automotive by 5,107.7% in the second quarter. Sun Life Financial INC now owns 677 shares of the specialty retailer’s stock valued at $148,000 after buying an additional 664 shares in the last quarter. Finally, FUKOKU MUTUAL LIFE INSURANCE Co boosted its position in O’Reilly Automotive by 15.9% in the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 730 shares of the specialty retailer’s stock valued at $160,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 97.98% of the company’s stock.

A number of brokerages have recently issued reports on ORLY. Citigroup Inc. upped their target price on shares of O’Reilly Automotive from $276.00 to $283.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Robert W. Baird reiterated a “hold” rating and set a $220.00 target price on shares of O’Reilly Automotive in a research report on Friday, October 27th. UBS AG reiterated a “buy” rating and set a $240.00 target price (up from $230.00) on shares of O’Reilly Automotive in a research report on Thursday, October 19th. BidaskClub upgraded shares of O’Reilly Automotive from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of O’Reilly Automotive in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $243.48.

O’Reilly Automotive, Inc. (NASDAQ ORLY) traded down $0.12 during trading on Thursday, hitting $215.77. 588,400 shares of the stock traded hands, compared to its average volume of 1,325,851. The firm has a market capitalization of $18,356.63, a PE ratio of 18.76, a PEG ratio of 1.27 and a beta of 0.80. O’Reilly Automotive, Inc. has a 12 month low of $169.43 and a 12 month high of $286.57. The company has a debt-to-equity ratio of 4.72, a current ratio of 0.93 and a quick ratio of 0.10.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 25th. The specialty retailer reported $3.22 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $3.15 by $0.07. The company had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.34 billion. O’Reilly Automotive had a net margin of 12.13% and a return on equity of 93.18%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.90 earnings per share. equities research analysts forecast that O’Reilly Automotive, Inc. will post 11.91 EPS for the current fiscal year.

O’Reilly Automotive declared that its Board of Directors has approved a stock buyback program on Friday, September 1st that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the specialty retailer to reacquire up to 5.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

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In related news, SVP Jeremy Adam Fletcher sold 750 shares of the stock in a transaction on Friday, November 10th. The shares were sold at an average price of $215.11, for a total transaction of $161,332.50. Following the completion of the transaction, the senior vice president now owns 1,640 shares in the company, valued at $352,780.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Larry Lee Ellis sold 900 shares of the stock in a transaction on Monday, November 13th. The stock was sold at an average price of $215.27, for a total transaction of $193,743.00. Following the transaction, the senior vice president now owns 1,256 shares of the company’s stock, valued at approximately $270,379.12. The disclosure for this sale can be found here. Insiders sold 18,345 shares of company stock valued at $3,755,572 in the last quarter. Corporate insiders own 3.12% of the company’s stock.

About O’Reilly Automotive

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.

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

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