O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lifted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 51.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,713 shares of the specialty retailer’s stock after purchasing an additional 7,340 shares during the period. Segall Bryant & Hamill LLC’s holdings in O’Reilly Automotive were worth $25,005,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Trifecta Capital Advisors LLC boosted its holdings in O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive during the third quarter worth approximately $37,000. Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth approximately $41,000. Crewe Advisors LLC acquired a new position in O’Reilly Automotive in the 1st quarter valued at $43,000. Finally, Kings Path Partners LLC purchased a new position in O’Reilly Automotive in the 2nd quarter valued at $44,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ORLY. Bank of America upped their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Wedbush reaffirmed a “neutral” rating and set a $1,200.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Evercore ISI raised their target price on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Roth Mkm restated a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Finally, Wells Fargo & Company increased their price target on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a report on Monday, October 14th. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,242.13.

O’Reilly Automotive Stock Down 1.3 %

O’Reilly Automotive stock opened at $1,200.59 on Wednesday. The company’s 50 day moving average is $1,174.11 and its two-hundred day moving average is $1,098.28. The firm has a market cap of $69.31 billion, a PE ratio of 29.70, a price-to-earnings-growth ratio of 2.46 and a beta of 0.92. O’Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last issued 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). The company had revenue of $4.36 billion for 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%. O’Reilly Automotive’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $10.72 EPS. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.18% of the stock is owned by insiders.

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.