Transamerica Financial Advisors Inc. Purchases 773 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Transamerica Financial Advisors Inc. boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 18.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,053 shares of the specialty retailer’s stock after purchasing an additional 773 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in O’Reilly Automotive were worth $5,819,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. B. Riley Wealth Advisors Inc. boosted its holdings in O’Reilly Automotive by 5.3% during the first quarter. B. Riley Wealth Advisors Inc. now owns 1,944 shares of the specialty retailer’s stock valued at $2,195,000 after purchasing an additional 97 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of O’Reilly Automotive by 191.4% in the 1st quarter. Tidal Investments LLC now owns 6,566 shares of the specialty retailer’s stock valued at $7,427,000 after purchasing an additional 4,313 shares during the last quarter. SkyView Investment Advisors LLC acquired a new stake in O’Reilly Automotive during the 1st quarter worth $853,000. Beacon Capital Management LLC grew its stake in shares of O’Reilly Automotive by 76.3% during the first quarter. Beacon Capital Management LLC now owns 67 shares of the specialty retailer’s stock worth $76,000 after purchasing an additional 29 shares during the period. Finally, Vista Investment Partners LLC increased its stake in shares of O’Reilly Automotive by 0.3% in the 1st quarter. Vista Investment Partners LLC now owns 4,596 shares of the specialty retailer’s stock valued at $5,188,000 after acquiring an additional 15 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY traded up $11.39 during mid-day trading on Tuesday, reaching $1,238.76. 521,913 shares of the company’s stock were exchanged, compared to its average volume of 375,694. O’Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,255.30. The business’s fifty day simple moving average is $1,181.53 and its two-hundred day simple moving average is $1,103.72. The firm has a market capitalization of $71.51 billion, a PE ratio of 30.65, a price-to-earnings-growth ratio of 2.49 and a beta of 0.92.

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on ORLY shares. Royal Bank of Canada raised their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Morgan Stanley upped their price target on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. lifted their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Barclays increased their target price on shares of 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, Evercore ISI lifted their price target on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Four research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average price target of $1,242.13.

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.