Penobscot Investment Management Company Inc. Invests $252,000 in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Penobscot Investment Management Company Inc. bought a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 265 shares of the specialty retailer’s stock, valued at approximately $252,000.

Other institutional investors have also bought and sold shares of the company. Carmel Capital Partners LLC increased its stake in shares of O’Reilly Automotive by 1,750.0% in the 3rd 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 in the last quarter. Arlington Trust Co LLC bought a new stake in O’Reilly Automotive in the third quarter valued at $39,000. Washington Trust Advisors Inc. raised its holdings in shares of O’Reilly Automotive by 31.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after purchasing an additional 13 shares during the period. Financial Management Professionals Inc. boosted its position in shares of O’Reilly Automotive by 29.5% during the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 13 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its stake in shares of O’Reilly Automotive by 57.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 63 shares of the specialty retailer’s stock valued at $57,000 after buying an additional 23 shares during the period. Institutional investors own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of research reports. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. The Goldman Sachs Group lifted their price target on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Wells Fargo & Company lowered their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a report on Thursday, April 25th. Mizuho initiated coverage on shares of O’Reilly Automotive in a report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price objective for the company. Finally, Royal Bank of Canada upped their target price on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a report on Friday, February 9th. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,110.07.

Insider Transactions at O’Reilly Automotive

In related news, Chairman David E. Oreilly sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the transaction, the chairman now owns 216,539 shares in the company, valued at $228,141,159.62. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, Chairman David E. Oreilly sold 2,606 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $1,045.10, for a total value of $2,723,530.60. Following the sale, the chairman now owns 213,933 shares of the company’s stock, valued at $223,581,378.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Chairman David E. Oreilly sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the completion of the transaction, the chairman now directly owns 216,539 shares of the company’s stock, valued at $228,141,159.62. The disclosure for this sale can be found here. Insiders sold a total of 25,968 shares of company stock worth $27,269,333 in the last quarter. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Down 0.8 %

ORLY stock opened at $1,005.11 on Thursday. The stock has a market cap of $59.33 billion, a P/E ratio of 25.51, a P/E/G ratio of 1.91 and a beta of 0.90. The stock’s fifty day simple moving average is $1,095.77 and its two-hundred day simple moving average is $1,018.24. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, beating the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $8.28 earnings per share. As a group, analysts forecast that O’Reilly Automotive, Inc. will post 41.92 earnings per share for the current fiscal year.

About O’Reilly Automotive

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.