Oddo BHF Asset Management Sas Invests $1.67 Million in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Oddo BHF Asset Management Sas purchased a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 1,447 shares of the specialty retailer’s stock, valued at approximately $1,666,000.

Other large investors have also modified their holdings of the company. Asset Dedication LLC lifted its holdings in O’Reilly Automotive by 6.2% during the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after buying an additional 9 shares during the last quarter. Marks Group Wealth Management Inc raised its position in shares of O’Reilly Automotive by 1.5% during the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after acquiring an additional 9 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in O’Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after purchasing an additional 9 shares during the period. Metis Global Partners LLC boosted its holdings in O’Reilly Automotive by 0.5% in the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock worth $2,145,000 after purchasing an additional 9 shares during the period. Finally, L.M. Kohn & Company increased its stake in O’Reilly Automotive by 1.4% during the third quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after purchasing an additional 9 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

ORLY has been the subject of several research reports. Bank of America lifted their price target on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Morgan Stanley lifted their target price on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Royal Bank of Canada increased 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. TD Cowen boosted their price objective on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Finally, Evercore ISI increased their target price on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Four research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,257.00.

Insider Buying and Selling

In other news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the sale, the director now owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive Price Performance

ORLY opened at $1,270.60 on Friday. O’Reilly Automotive, Inc. has a 1-year low of $914.50 and a 1-year high of $1,281.95. The company has a market capitalization of $73.35 billion, a price-to-earnings ratio of 31.43, a price-to-earnings-growth ratio of 2.57 and a beta of 0.93. The business has a 50 day moving average price of $1,213.13 and a two-hundred day moving average price of $1,126.84.

O’Reilly Automotive (NASDAQ:ORLY) last announced its 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 net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the prior year, the business earned $10.72 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. Equities analysts expect 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.