GLOBALT Investments LLC GA Sells 138 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

GLOBALT Investments LLC GA lowered its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.6% during the 3rd quarter, Holdings Channel reports. The firm owned 2,327 shares of the specialty retailer’s stock after selling 138 shares during the quarter. GLOBALT Investments LLC GA’s holdings in O’Reilly Automotive were worth $2,680,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Kingsview Wealth Management LLC bought a new stake in shares of O’Reilly Automotive in the first quarter valued at about $254,000. Edgestream Partners L.P. raised its holdings in shares of O’Reilly Automotive by 8.2% in the 1st quarter. Edgestream Partners L.P. now owns 1,467 shares of the specialty retailer’s stock valued at $1,656,000 after purchasing an additional 111 shares in the last quarter. Seven Eight Capital LP lifted its position in shares of O’Reilly Automotive by 40.4% in the 1st quarter. Seven Eight Capital LP now owns 382 shares of the specialty retailer’s stock worth $431,000 after purchasing an additional 110 shares during the period. UniSuper Management Pty Ltd boosted its stake in shares of O’Reilly Automotive by 207.8% during the first quarter. UniSuper Management Pty Ltd now owns 1,613 shares of the specialty retailer’s stock valued at $1,821,000 after purchasing an additional 1,089 shares in the last quarter. Finally, Lake Street Advisors Group LLC increased its holdings in O’Reilly Automotive by 22.2% during the first quarter. Lake Street Advisors Group LLC now owns 599 shares of the specialty retailer’s stock valued at $676,000 after buying an additional 109 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ORLY shares. DA Davidson restated a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a report on Thursday, October 24th. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Bank of America lifted their target price on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. JPMorgan Chase & Co. increased their price target on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, Evercore ISI raised 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 report on Thursday, August 22nd. Four investment 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’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,242.13.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.18% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ ORLY opened at $1,216.67 on Tuesday. The company has a market cap of $70.24 billion, a price-to-earnings ratio of 30.10, a PEG ratio of 2.46 and a beta of 0.92. The stock’s fifty day moving average price is $1,172.69 and its 200 day moving average price is $1,096.96. O’Reilly Automotive, Inc. has a 1 year low of $914.50 and a 1 year high of $1,255.30.

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

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.