Duality Advisers LP Purchases New Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Duality Advisers LP bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 973 shares of the specialty retailer’s stock, valued at approximately $924,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Steward Financial Group LLC boosted its position in shares of O’Reilly Automotive by 141.7% in the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 17 shares during the period. Carmel Capital Partners LLC boosted its position in shares of O’Reilly Automotive by 1,750.0% in the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 35 shares during the period. Arlington Trust Co LLC bought a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $39,000. Washington Trust Advisors Inc. boosted its position in shares of O’Reilly Automotive by 31.0% in the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after acquiring an additional 13 shares during the period. Finally, Financial Management Professionals Inc. boosted its position in shares of O’Reilly Automotive by 29.5% in the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after acquiring an additional 13 shares during the period. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Barclays raised their price objective on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research report on Thursday, January 4th. UBS Group lifted their target price on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Wedbush lifted their target price on shares of O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Thursday, February 8th. Mizuho initiated coverage on shares of O’Reilly Automotive in a report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective for the company. Finally, Wells Fargo & Company boosted their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Monday, March 25th. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,115.19.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the transaction, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at approximately $2,400,380. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the sale, the chief financial officer now owns 2,335 shares in the company, valued at approximately $2,400,380. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman David E. Oreilly sold 6,444 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the sale, the chairman now owns 205,095 shares in the company, valued at approximately $217,933,947. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,968 shares of company stock valued at $27,269,333. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive Stock Up 0.0 %

Shares of NASDAQ ORLY opened at $1,092.70 on Thursday. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The firm’s fifty day moving average is $1,097.21 and its 200 day moving average is $1,014.34. The company has a market cap of $64.50 billion, a price-to-earnings ratio of 28.40, a PEG ratio of 1.98 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, topping the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.86 billion. During the same period in the previous year, the firm earned $8.37 earnings per share. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. Equities research analysts anticipate that O’Reilly Automotive, Inc. will post 42.1 earnings per share for the current year.

O’Reilly Automotive Profile

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.