Calamos Advisors LLC raised its holdings in O’Reilly Automotive Inc (NASDAQ:ORLY) by 9.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,082 shares of the specialty retailer’s stock after acquiring an additional 1,970 shares during the quarter. Calamos Advisors LLC’s holdings in O’Reilly Automotive were worth $9,198,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in ORLY. Squar Milner Financial Services LLC lifted its holdings in O’Reilly Automotive by 80.5% in the second quarter. Squar Milner Financial Services LLC now owns 74 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 33 shares during the period. Shine Investment Advisory Services Inc. raised its stake in shares of O’Reilly Automotive by 65.4% during the 2nd quarter. Shine Investment Advisory Services Inc. now owns 86 shares of the specialty retailer’s stock worth $32,000 after buying an additional 34 shares during the last quarter. TRUE Private Wealth Advisors acquired a new position in shares of O’Reilly Automotive during the 2nd quarter worth $46,000. Ashburton Jersey Ltd acquired a new position in shares of O’Reilly Automotive during the 2nd quarter worth $57,000. Finally, FTB Advisors Inc. acquired a new position in shares of O’Reilly Automotive during the 2nd quarter worth $65,000. 85.78% of the stock is owned by institutional investors.
O’Reilly Automotive stock opened at $400.40 on Wednesday. The stock has a market cap of $30.85 billion, a PE ratio of 24.87, a P/E/G ratio of 1.63 and a beta of 0.72. The stock has a 50-day moving average price of $396.41 and a 200 day moving average price of $385.28. O’Reilly Automotive Inc has a 52 week low of $314.14 and a 52 week high of $414.63. The company has a current ratio of 0.85, a quick ratio of 0.10 and a debt-to-equity ratio of 37.43.
Several research analysts have recently issued reports on the company. Raymond James assumed coverage on O’Reilly Automotive in a research note on Monday, October 7th. They set a “market perform” rating and a $430.00 price target for the company. ValuEngine downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Wolfe Research raised O’Reilly Automotive from a “peer perform” rating to an “outperform” rating and set a $436.00 price target for the company in a research note on Tuesday, October 8th. Stephens cut their price target on O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Finally, Citigroup downgraded O’Reilly Automotive from a “buy” rating to a “neutral” rating and cut their price target for the stock from $441.00 to $430.00 in a research note on Friday, September 13th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $409.77.
In related news, Director Jay D. Burchfield sold 1,000 shares of O’Reilly Automotive stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $381.08, for a total transaction of $381,080.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director John Raymond Murphy sold 122 shares of O’Reilly Automotive stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $385.92, for a total value of $47,082.24. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,773 shares of company stock valued at $669,481. 2.52% of the stock is currently owned by company insiders.
O’Reilly Automotive Profile
O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.
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