Lbp Am Sa Buys New Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

LBP AM SA bought 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 Form 13F filing with the Securities and Exchange Commission. The firm bought 3,229 shares of the specialty retailer's stock, valued at approximately $4,626,000.

A number of other large investors also recently added to or reduced their stakes in ORLY. HWG Holdings LP purchased a new position in O'Reilly Automotive in the 1st quarter worth approximately $26,000. Lee Danner & Bass Inc. bought a new stake in O'Reilly Automotive in the 4th quarter valued at $28,000. HighMark Wealth Management LLC increased its holdings in O'Reilly Automotive by 185.7% in the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock valued at $29,000 after acquiring an additional 13 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new stake in O'Reilly Automotive in the 4th quarter valued at $31,000. Finally, Investment Management Corp VA ADV bought a new stake in O'Reilly Automotive in the 4th quarter valued at $37,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Morgan Stanley reiterated an "overweight" rating on shares of O'Reilly Automotive in a report on Thursday, April 24th. Royal Bank Of Canada reissued an "outperform" rating and issued a $98.00 target price on shares of O'Reilly Automotive in a report on Wednesday, July 2nd. Mizuho upped their price target on shares of O'Reilly Automotive from $93.33 to $96.33 and gave the company an "outperform" rating in a research note on Friday, April 25th. UBS Group boosted their target price on shares of O'Reilly Automotive from $102.33 to $105.33 and gave the stock a "buy" rating in a report on Thursday, April 24th. Finally, DA Davidson increased their price target on shares of O'Reilly Automotive from $101.67 to $106.67 and gave the company a "buy" rating in a report on Friday, April 25th. Two 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $94.38.

Insiders Place Their Bets

In related news, Director John Raymond Murphy sold 3,000 shares of O'Reilly Automotive stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $91.93, for a total transaction of $275,800.00. Following the transaction, the director directly owned 4,560 shares of the company's stock, valued at $419,216. This trade represents a 39.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Ramon Parises Odems sold 30,000 shares of the business's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $90.70, for a total transaction of $2,720,900.00. Following the completion of the transaction, the senior vice president directly owned 240 shares of the company's stock, valued at $21,767.20. This trade represents a 99.21% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 33,285 shares of company stock worth $3,022,386. 1.01% of the stock is currently owned by company insiders.

O'Reilly Automotive Stock Down 0.2%

ORLY traded down $0.20 on Thursday, reaching $92.38. 4,634,736 shares of the company traded hands, compared to its average volume of 5,497,783. The company has a market cap of $78.97 billion, a P/E ratio of 33.95, a price-to-earnings-growth ratio of 2.50 and a beta of 0.58. The firm has a fifty day simple moving average of $90.72 and a two-hundred day simple moving average of $88.63. O'Reilly Automotive, Inc. has a one year low of $68.07 and a one year high of $97.22.

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

About O'Reilly Automotive

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.