Daymark Wealth Partners LLC Purchases 72 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Daymark Wealth Partners LLC boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 20.2% during the second quarter, Holdings Channel.com reports. The fund owned 428 shares of the specialty retailer’s stock after acquiring an additional 72 shares during the period. Daymark Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $452,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Wellington Management Group LLP lifted its position in shares of O’Reilly Automotive by 656.2% in the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock worth $434,780,000 after purchasing an additional 397,108 shares during the period. JPMorgan Chase & Co. lifted its position in shares of O’Reilly Automotive by 56.2% in the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock worth $1,180,259,000 after purchasing an additional 376,167 shares during the period. Public Employees Retirement Association of Colorado lifted its position in shares of O’Reilly Automotive by 4,574.1% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 129,145 shares of the specialty retailer’s stock worth $122,698,000 after purchasing an additional 126,382 shares during the period. Global Assets Advisory LLC purchased a new stake in shares of O’Reilly Automotive in the 1st quarter worth about $108,456,000. Finally, Winslow Capital Management LLC lifted its position in shares of O’Reilly Automotive by 28.1% in the 4th quarter. Winslow Capital Management LLC now owns 387,555 shares of the specialty retailer’s stock worth $368,208,000 after purchasing an additional 84,940 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 1.2 %

Shares of ORLY stock opened at $1,146.03 on Friday. The company has a 50 day moving average price of $1,119.14 and a 200-day moving average price of $1,073.95. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The firm has a market capitalization of $67.49 billion, a PE ratio of 29.07, a P/E/G ratio of 2.13 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The company 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 firm earned $10.22 earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. Analysts anticipate that O’Reilly Automotive, Inc. will post 41.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ORLY shares. Bank of America raised 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 research report on Thursday, August 22nd. Royal Bank of Canada lowered their price target on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a research report on Friday, July 26th. DA Davidson lifted 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 lowered their price target on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research report on Thursday, July 18th. Finally, Wells Fargo & Company lifted their price target on shares of 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 analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,144.06.

Insider Transactions at O’Reilly Automotive

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive 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 value of $1,751,625.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, Chairman David E. Oreilly sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the completion of the sale, the chairman now directly owns 183,583 shares in the company, valued at $205,407,347.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s 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 disclosure for this sale can be found here. Insiders sold 50,411 shares of company stock worth $56,846,062 over the last three months. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive 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.