W.E. Donoghue & Co. LLC Invests $2.68 Million in O’Reilly Automotive Inc (ORLY) Stock

W.E. Donoghue & Co. LLC bought a new stake in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,710 shares of the specialty retailer’s stock, valued at approximately $2,678,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Centaurus Financial Inc. purchased a new stake in O’Reilly Automotive during the 2nd quarter valued at $112,000. Cerebellum GP LLC purchased a new stake in O’Reilly Automotive during the 2nd quarter valued at $178,000. HighPoint Advisor Group LLC purchased a new stake in O’Reilly Automotive during the 3rd quarter valued at $182,000. Checchi Capital Advisers LLC purchased a new stake in O’Reilly Automotive during the 2nd quarter valued at $204,000. Finally, North American Management Corp purchased a new stake in O’Reilly Automotive during the 3rd quarter valued at $204,000. Institutional investors and hedge funds own 85.91% of the company’s stock.

In other O’Reilly Automotive news, Chairman David E. Oreilly sold 2,500 shares of the stock in a transaction on Friday, August 3rd. The stock was sold at an average price of $310.56, for a total value of $776,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Thomas Mcfall sold 30,000 shares of the stock in a transaction on Tuesday, July 31st. The stock was sold at an average price of $305.21, for a total value of $9,156,300.00. Following the completion of the sale, the chief financial officer now owns 35,438 shares of the company’s stock, valued at approximately $10,816,031.98. The disclosure for this sale can be found here. Insiders sold a total of 137,181 shares of company stock valued at $43,458,132 over the last 90 days. 3.12% of the stock is currently owned by company insiders.



NASDAQ:ORLY opened at $326.08 on Friday. The company has a quick ratio of 0.11, a current ratio of 0.91 and a debt-to-equity ratio of 6.37. The firm has a market capitalization of $26.15 billion, a PE ratio of 21.23, a P/E/G ratio of 1.29 and a beta of 0.98. O’Reilly Automotive Inc has a one year low of $205.65 and a one year high of $351.65.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, October 24th. The specialty retailer reported $4.50 EPS for the quarter, topping the consensus estimate of $4.31 by $0.19. The firm had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.49 billion. O’Reilly Automotive had a return on equity of 259.86% and a net margin of 14.09%. Sell-side analysts expect that O’Reilly Automotive Inc will post 16.07 EPS for the current fiscal year.

A number of equities research analysts have weighed in on ORLY shares. Stephens reiterated a “buy” rating and set a $350.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 27th. Jefferies Financial Group reiterated a “buy” rating and set a $350.00 target price on shares of O’Reilly Automotive in a research note on Friday, July 27th. Wells Fargo & Co reiterated a “buy” rating and set a $320.00 target price on shares of O’Reilly Automotive in a research note on Thursday, July 19th. UBS Group boosted their target price on shares of O’Reilly Automotive from $310.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, July 26th. Finally, ValuEngine upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Friday, August 3rd. Eight analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $340.00.

O’Reilly Automotive Company Profile

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts, driveline parts, and engine parts; maintenance items comprising oil, antifreeze products, fluids, filters, wiper blades, lighting products, engine additives, and appearance products; and accessories, such as floor mats, seat covers, and truck accessories.

Read More: Closed-End Mutual Funds (CEFs)

Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive Inc (NASDAQ:ORLY).

Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply