Natixis Advisors LLC Acquires 8,336 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Key Points

• Natixis Advisors LLC increased its stake in O'Reilly Automotive by 6.5%, purchasing an additional 8,336 shares, bringing their total ownership to approximately 136,688 shares valued at $195,817,000.
• O'Reilly Automotive's stock opened at $98.90 with a market cap of $84.54 billion and a 1-year price range of $73.11 to $100.10.
• Recent analyst ratings have been positive, with many firms increasing their price targets and maintaining an overall rating of "Buy" for O'Reilly Automotive.

Natixis Advisors LLC raised its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 6.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,688 shares of the specialty retailer's stock after purchasing an additional 8,336 shares during the period. Natixis Advisors LLC owned approximately 0.24% of O'Reilly Automotive worth $195,817,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its holdings in shares of O'Reilly Automotive by 16.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer's stock worth $33,227,000 after buying an additional 3,272 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in O'Reilly Automotive by 33.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer's stock worth $836,357,000 after purchasing an additional 147,904 shares during the last quarter. Summit X LLC grew its position in shares of O'Reilly Automotive by 96.1% in the 1st quarter. Summit X LLC now owns 15,536 shares of the specialty retailer's stock valued at $22,255,000 after buying an additional 7,612 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its position in shares of O'Reilly Automotive by 7.0% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 149,393 shares of the specialty retailer's stock valued at $214,017,000 after buying an additional 9,741 shares during the last quarter. Finally, Brookstone Capital Management bought a new stake in shares of O'Reilly Automotive in the 1st quarter valued at about $9,226,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on ORLY shares. BMO Capital Markets upped their price target on O'Reilly Automotive from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Citigroup upped their price target on shares of O'Reilly Automotive from $104.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, July 25th. JPMorgan Chase & Co. upped their price target on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Evercore ISI upped their price target on shares of O'Reilly Automotive from $97.00 to $107.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. Finally, Guggenheim upped their price target on shares of O'Reilly Automotive from $98.00 to $110.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Two analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $102.22.

Insider Activity at O'Reilly Automotive

In other news, SVP Najera Jose A. Montellano sold 285 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $90.13, for a total transaction of $25,686.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ramon Parises Odems sold 30,000 shares of the firm'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 sale, the senior vice president owned 240 shares of the company's stock, valued at approximately $21,767.20. The trade was a 99.21% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 67,840 shares of company stock worth $6,421,556. 1.01% of the stock is currently owned by company insiders.

O'Reilly Automotive Trading Up 0.8%

Shares of ORLY stock traded up $0.80 during trading hours on Friday, hitting $99.12. 4,718,998 shares of the company were exchanged, compared to its average volume of 4,527,114. The firm has a fifty day simple moving average of $91.83 and a 200 day simple moving average of $90.26. O'Reilly Automotive, Inc. has a 52-week low of $73.11 and a 52-week high of $100.60. The stock has a market capitalization of $84.73 billion, a price-to-earnings ratio of 35.43, a P/E/G ratio of 2.60 and a beta of 0.56.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. O'Reilly Automotive had a net margin of 14.15% and a negative return on equity of 181.53%. The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.54 billion. During the same quarter last year, the business posted $10.55 EPS. O'Reilly Automotive's quarterly revenue was up 5.9% compared to the same quarter last year. Sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current 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.