206 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Purchased by Front Row Advisors LLC

Front Row Advisors LLC acquired a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 206 shares of the specialty retailer’s stock, valued at approximately $218,000.

Several other hedge funds have also recently modified their holdings of the company. Wellington Management Group LLP raised its stake in shares of 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 buying an additional 397,108 shares during the period. JPMorgan Chase & Co. increased its stake in shares of O’Reilly Automotive by 56.2% in the first 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 in the last quarter. Public Employees Retirement Association of Colorado raised its holdings in O’Reilly Automotive by 4,574.1% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 129,145 shares of the specialty retailer’s stock valued at $122,698,000 after acquiring an additional 126,382 shares during the period. Global Assets Advisory LLC purchased a new stake in O’Reilly Automotive during the 1st quarter worth about $108,456,000. Finally, Winslow Capital Management LLC boosted its position in shares of O’Reilly Automotive by 28.1% in the fourth quarter. Winslow Capital Management LLC now owns 387,555 shares of the specialty retailer’s stock valued at $368,208,000 after acquiring an additional 84,940 shares during the period. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ORLY. Evercore ISI upped 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 report on Thursday, August 22nd. Wells Fargo & Company lifted their price objective 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. Royal Bank of Canada lowered their target price on shares of 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. DA Davidson raised 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. Finally, UBS Group lowered their target price on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research note on Thursday, July 18th. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,144.06.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the sale, the senior vice president now directly owns 265 shares of the company’s stock, valued at approximately $296,800. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the transaction, the senior vice president now owns 265 shares in the company, valued at approximately $296,800. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction on 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. Over the last quarter, insiders sold 50,411 shares of company stock valued at $56,846,062. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Down 1.2 %

Shares of ORLY opened at $1,146.03 on Friday. The company has a market capitalization of $66.48 billion, a price-to-earnings ratio of 29.09, a PEG ratio of 2.14 and a beta of 0.92. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The stock’s 50-day moving average price is $1,121.20 and its 200-day moving average price is $1,074.23.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data 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 firm had revenue of $4.27 billion for the quarter, compared to analyst estimates of $4.32 billion. During the same period in the previous year, the business earned $10.22 EPS. O’Reilly Automotive’s revenue for the quarter was up 5.0% compared to the same quarter last year. As a group, equities analysts anticipate 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.