Citizens Financial Group Inc. RI Acquires 47 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Citizens Financial Group Inc. RI boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 709 shares of the specialty retailer’s stock after purchasing an additional 47 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in O’Reilly Automotive were worth $816,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC boosted its holdings in O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the third quarter worth $37,000. Princeton Global Asset Management LLC bought a new position in shares of O’Reilly Automotive during the third quarter valued at $41,000. Finally, Kings Path Partners LLC bought a new position in O’Reilly Automotive in the 2nd quarter worth about $44,000. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the subject of a number of analyst reports. Royal Bank of Canada raised their price objective on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Truist Financial raised their price target on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Roth Mkm reaffirmed a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Barclays lifted their target price on O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. Finally, Wedbush restated a “neutral” rating and issued a $1,200.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,242.13.

Insider Activity at O’Reilly Automotive

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction dated 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.55% of the stock is owned by company insiders.

O’Reilly Automotive Trading Up 1.9 %

ORLY opened at $1,227.37 on Friday. The company’s 50 day moving average is $1,179.37 and its 200 day moving average is $1,101.12. The company has a market cap of $70.86 billion, a price-to-earnings ratio of 30.37, a PEG ratio of 2.44 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the previous year, the business posted $10.72 earnings per share. The firm’s revenue was up 3.8% on a year-over-year basis. As a group, analysts predict that O’Reilly Automotive, Inc. will post 40.85 EPS 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.