Brighton Jones LLC Acquires 19 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Brighton Jones LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 647 shares of the specialty retailer’s stock after purchasing an additional 19 shares during the period. Brighton Jones LLC’s holdings in O’Reilly Automotive were worth $683,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Rise Advisors LLC bought a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $36,000. Indiana Trust & Investment Management CO lifted its holdings in shares of O’Reilly Automotive by 325.0% during the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after acquiring an additional 26 shares during the period. Riverview Trust Co bought a new position in shares of O’Reilly Automotive during the first quarter valued at $41,000. Crewe Advisors LLC acquired a new stake in shares of O’Reilly Automotive in the 1st quarter valued at $43,000. Finally, Kings Path Partners LLC bought a new stake in shares of O’Reilly Automotive in the 2nd quarter worth about $44,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on ORLY shares. DA Davidson boosted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a research report on Friday, July 26th. UBS Group dropped their price target on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a report on Thursday, July 18th. Evercore ISI boosted their price objective on 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. Bank of America upped their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Finally, Wedbush reissued a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday, July 25th. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,144.06.

O’Reilly Automotive Trading Down 0.6 %

ORLY stock opened at $1,109.05 on Friday. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The business’s 50-day moving average price is $1,111.26 and its two-hundred day moving average price is $1,072.40. The firm has a market cap of $64.34 billion, a PE ratio of 28.15, a P/E/G ratio of 2.15 and a beta of 0.92.

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

Insider Transactions at O’Reilly Automotive

In related news, Director Dana Perlman sold 48 shares of the business’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.48. Following the sale, the director now directly owns 1,097 shares of the company’s stock, valued at approximately $1,217,406.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Dana Perlman sold 48 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the completion of the sale, the director now owns 1,097 shares of the company’s stock, valued at $1,217,406.72. The disclosure for this sale can be found here. Insiders sold 50,411 shares of company stock valued at $56,846,062 over the last quarter. Corporate insiders own 1.55% of the company’s stock.

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.