Citizens Financial Group Inc. RI Grows Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Citizens Financial Group Inc. RI raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 39.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 662 shares of the specialty retailer’s stock after acquiring an additional 187 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in O’Reilly Automotive were worth $699,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP boosted its holdings in O’Reilly Automotive by 656.2% in the fourth quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock valued at $434,780,000 after purchasing an additional 397,108 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of O’Reilly Automotive by 56.2% during the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock valued at $1,180,259,000 after buying an additional 376,167 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of O’Reilly Automotive by 15.0% during the first quarter. Bank of New York Mellon Corp now owns 1,406,513 shares of the specialty retailer’s stock worth $1,587,784,000 after buying an additional 183,296 shares in the last quarter. Public Employees Retirement Association of Colorado grew its position in shares of O’Reilly Automotive by 4,574.1% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 129,145 shares of the specialty retailer’s stock worth $122,698,000 after buying an additional 126,382 shares in the last quarter. Finally, TD Asset Management Inc increased its stake in shares of O’Reilly Automotive by 148.1% in the fourth quarter. TD Asset Management Inc now owns 176,374 shares of the specialty retailer’s stock worth $167,569,000 after buying an additional 105,291 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 18,264 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the sale, the chairman now owns 13,347 shares of the company’s stock, valued at approximately $15,049,409.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 18,264 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the transaction, the chairman now owns 13,347 shares of the company’s stock, valued at approximately $15,049,409.85. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s 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 disclosure for this sale can be found here. Insiders sold 50,411 shares of company stock valued at $56,846,062 in the last three months. 1.55% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of research analyst reports. DA Davidson increased their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Royal Bank of Canada lowered their price objective on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a report on Friday, July 26th. UBS Group reduced their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a report on Thursday, July 18th. Evercore ISI boosted their price target on 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. Finally, Wells Fargo & Company upped their price target on O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,144.06.

O’Reilly Automotive Stock Performance

ORLY stock opened at $1,127.92 on Wednesday. The stock’s fifty day moving average is $1,106.13 and its two-hundred day moving average is $1,071.50. The stock has a market capitalization of $65.43 billion, a price-to-earnings ratio of 28.63, a PEG ratio of 2.13 and a beta of 0.92. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The firm had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.32 billion. During the same quarter in the prior year, the business earned $10.22 earnings per share. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. As a group, analysts predict that O’Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal 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.