O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Sigma Planning Corp

Sigma Planning Corp lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 14.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,090 shares of the specialty retailer’s stock after acquiring an additional 138 shares during the quarter. Sigma Planning Corp’s holdings in O’Reilly Automotive were worth $1,255,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Trifecta Capital Advisors LLC increased its holdings in O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of O’Reilly Automotive during the 3rd quarter valued at approximately $41,000. Crewe Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the first quarter worth approximately $43,000. Kings Path Partners LLC bought a new stake in shares of O’Reilly Automotive in the second quarter worth $44,000. Finally, ORG Partners LLC acquired a new stake in O’Reilly Automotive in the second quarter valued at $48,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the subject of several recent analyst reports. Roth Mkm reissued a “buy” rating and set a $1,337.00 price objective on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Wells Fargo & Company lifted their price target on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research note on Monday, October 14th. Barclays upped their price objective on O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. Wedbush reiterated a “neutral” rating and issued a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, Evercore ISI upped their price target on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,242.13.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $1,236.85 on Wednesday. O’Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,244.50. The stock’s fifty day moving average is $1,163.19 and its 200-day moving average is $1,089.75. The firm has a market capitalization of $71.74 billion, a price-to-earnings ratio of 30.60, a price-to-earnings-growth ratio of 2.47 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $10.72 earnings per share. Analysts forecast that O’Reilly Automotive, Inc. will post 40.81 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, 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 value of $1,751,625.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director Lawrence P. Oreilly sold 13,765 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the completion of the sale, the director now directly owns 141,589 shares in the company, valued at approximately $158,511,717.28. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the company’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 disclosure for this sale can be found here. Insiders sold 16,322 shares of company stock worth $18,280,698 over the last ninety days. Company insiders own 1.55% of the company’s stock.

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.