3,100 Shares in O'Reilly Automotive, Inc. (NASDAQ:ORLY) Bought by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc acquired a new stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,100 shares of the specialty retailer's stock, valued at approximately $4,441,000.

Several other hedge funds have also recently modified their holdings of ORLY. HWG Holdings LP purchased a new stake in shares of O'Reilly Automotive in the 1st quarter valued at $26,000. Lee Danner & Bass Inc. purchased a new stake in O'Reilly Automotive in the fourth quarter valued at $28,000. HighMark Wealth Management LLC grew its position in O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 13 shares during the period. Murphy & Mullick Capital Management Corp purchased a new position in shares of O'Reilly Automotive during the 4th quarter valued at about $31,000. Finally, Investment Management Corp VA ADV acquired a new position in shares of O'Reilly Automotive in the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Ramon Parises Odems sold 30,000 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $90.70, for a total value of $2,720,900.00. Following the completion of the transaction, the senior vice president owned 240 shares of the company's stock, valued at $21,767.20. This trade represents a 99.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Najera Jose A. Montellano sold 285 shares of O'Reilly Automotive stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $90.13, for a total value of $25,686.29. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,285 shares of company stock worth $3,022,386. 1.01% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on ORLY shares. BMO Capital Markets boosted their price target on O'Reilly Automotive from $96.67 to $100.00 and gave the company an "outperform" rating in a report on Friday, April 25th. Morgan Stanley reiterated an "overweight" rating on shares of O'Reilly Automotive in a research note on Thursday, April 24th. DA Davidson raised their price target on shares of O'Reilly Automotive from $101.67 to $106.67 and gave the company a "buy" rating in a research report on Friday, April 25th. UBS Group upped their price objective on shares of O'Reilly Automotive from $102.33 to $105.33 and gave the stock a "buy" rating in a research report on Thursday, April 24th. Finally, Guggenheim reissued a "buy" rating and set a $98.33 target price on shares of O'Reilly Automotive in a research note on Monday, March 10th. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, O'Reilly Automotive currently has an average rating of "Buy" and a consensus target price of $94.38.

O'Reilly Automotive Trading Down 1.3%

O'Reilly Automotive stock traded down $1.18 during mid-day trading on Wednesday, hitting $89.32. The company's stock had a trading volume of 3,825,167 shares, compared to its average volume of 5,496,984. The stock's fifty day moving average is $90.77 and its two-hundred day moving average is $88.29. The firm has a market capitalization of $76.35 billion, a PE ratio of 32.83, a price-to-earnings-growth ratio of 2.46 and a beta of 0.58. O'Reilly Automotive, Inc. has a 1 year low of $67.55 and a 1 year high of $97.22.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The specialty retailer reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.04). The company had revenue of $4.14 billion for the quarter, compared to analysts' expectations of $4.18 billion. O'Reilly Automotive had a negative return on equity of 167.25% and a net margin of 14.10%. The company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period last year, the business earned $0.61 EPS. On average, equities analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

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.