O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by Alpha Financial Partners LLC

Alpha Financial Partners LLC boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 232 shares of the specialty retailer’s stock after acquiring an additional 17 shares during the quarter. Alpha Financial Partners LLC’s holdings in O’Reilly Automotive were worth $245,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Moors & Cabot Inc. raised its stake in shares of O’Reilly Automotive by 21.6% in the second quarter. Moors & Cabot Inc. now owns 925 shares of the specialty retailer’s stock valued at $977,000 after acquiring an additional 164 shares in the last quarter. Citizens Financial Group Inc. RI raised its position in O’Reilly Automotive by 39.4% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 662 shares of the specialty retailer’s stock valued at $699,000 after purchasing an additional 187 shares in the last quarter. Quantbot Technologies LP boosted its stake in shares of O’Reilly Automotive by 15.8% in the 2nd quarter. Quantbot Technologies LP now owns 3,885 shares of the specialty retailer’s stock valued at $4,103,000 after buying an additional 530 shares during the period. Dimensional Fund Advisors LP grew its position in shares of O’Reilly Automotive by 10.0% during the second quarter. Dimensional Fund Advisors LP now owns 154,366 shares of the specialty retailer’s stock worth $163,022,000 after buying an additional 14,071 shares in the last quarter. Finally, Brown Brothers Harriman & Co. increased its stake in shares of O’Reilly Automotive by 79.8% during the second quarter. Brown Brothers Harriman & Co. now owns 570 shares of the specialty retailer’s stock worth $602,000 after buying an additional 253 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,130.72 on Tuesday. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The stock has a market capitalization of $65.59 billion, a price-to-earnings ratio of 28.70, a PEG ratio of 2.13 and a beta of 0.92. The company has a 50-day simple moving average of $1,103.88 and a 200-day simple moving average of $1,071.20.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The company had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.32 billion. During the same period in the prior year, the company earned $10.22 earnings per share. The firm’s revenue was up 5.0% on a year-over-year basis. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Wedbush reiterated a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday, July 25th. Wells Fargo & Company increased their target price on O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. Truist Financial lifted their price target on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a report on Friday, July 26th. UBS Group dropped their price objective on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a report on Thursday, July 18th. Finally, DA Davidson boosted their target price on O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,144.06.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Dana Perlman sold 48 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total value of $53,268.48. Following the sale, the director now directly owns 1,097 shares in the company, valued at $1,217,406.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The disclosure for this sale can be found here. Insiders sold a total of 50,411 shares of company stock valued at $56,846,062 over the last three months. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive Company 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.