Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Buys 146 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

by · The Cerbat Gem

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 0.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,672 shares of the specialty retailer’s stock after buying an additional 146 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned about 0.09% of O’Reilly Automotive worth $64,394,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in ORLY. Ariston Services Group bought a new position in O’Reilly Automotive in the 3rd quarter worth approximately $327,000. Childress Capital Advisors LLC raised its position in shares of O’Reilly Automotive by 7.9% during the third quarter. Childress Capital Advisors LLC now owns 218 shares of the specialty retailer’s stock valued at $251,000 after buying an additional 16 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of O’Reilly Automotive by 37.4% in the third quarter. Valmark Advisers Inc. now owns 588 shares of the specialty retailer’s stock worth $677,000 after buying an additional 160 shares in the last quarter. GW Henssler & Associates Ltd. bought a new position in shares of O’Reilly Automotive during the third quarter worth $211,000. Finally, MONECO Advisors LLC grew its stake in O’Reilly Automotive by 5.1% during the third quarter. MONECO Advisors LLC now owns 393 shares of the specialty retailer’s stock valued at $453,000 after acquiring an additional 19 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction dated 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 Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Lawrence P. Oreilly sold 13,765 shares of O’Reilly Automotive stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the completion of the sale, the director now directly owns 141,589 shares in the company, valued at $158,511,717.28. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the company’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 have sold a total of 16,370 shares of company stock worth $18,333,966 over the last quarter. Company insiders own 1.18% of the company’s stock.

O’Reilly Automotive Stock Up 0.5 %

O’Reilly Automotive stock traded up $6.16 during midday trading on Wednesday, reaching $1,182.06. The stock had a trading volume of 28,446 shares, compared to its average volume of 372,955. The firm has a market cap of $68.57 billion, a price-to-earnings ratio of 29.09, a price-to-earnings-growth ratio of 2.42 and a beta of 0.92. O’Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,221.18. The company has a fifty day moving average of $1,153.01 and a 200 day moving average of $1,083.41.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter in the previous year, the company posted $10.72 earnings per share. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. Equities research analysts predict that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on ORLY. DA Davidson reissued a “buy” rating and set a $1,275.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 24th. Morgan Stanley increased their price target on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Bank of America lifted their price objective on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. UBS Group lowered their target price on 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, JPMorgan Chase & Co. raised their target price on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Four investment 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,242.13.

Check Out Our Latest Stock Analysis on O’Reilly Automotive

O’Reilly Automotive Company Profile

(Free Report)

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.

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