O’Reilly Automotive Inc. (NASDAQ:ORLY) shares hit a new 52-week high on Tuesday . The stock traded as high as $284.66 and last traded at $282.64, with a volume of 599,436 shares changing hands. The stock had previously closed at $278.74.

Several brokerages have recently weighed in on ORLY. Zacks Investment Research raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating and set a $301.00 price target on the stock in a research report on Thursday, May 5th. BTIG Research began coverage on shares of O’Reilly Automotive in a research report on Wednesday, June 1st. They set a “buy” rating and a $310.00 price target on the stock. Royal Bank Of Canada reissued a “hold” rating on shares of O’Reilly Automotive in a research report on Saturday, April 30th. Deutsche Bank AG reissued a “buy” rating on shares of O’Reilly Automotive in a research report on Sunday, July 10th. Finally, Gabelli began coverage on shares of O’Reilly Automotive in a research report on Friday, April 15th. They set a “buy” rating and a $334.00 price target on the stock. Two analysts have rated the stock with a sell rating, two have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. O’Reilly Automotive has a consensus rating of “Buy” and a consensus price target of $294.44.

The firm has a 50 day moving average price of $270.15 and a 200-day moving average price of $263.46. The stock has a market cap of $27.33 billion and a PE ratio of 29.21.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $2.65 EPS for the quarter, missing analysts’ consensus estimates of $2.68 by $0.03. The company earned $2.18 billion during the quarter, compared to analysts’ expectations of $2.19 billion. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.29 EPS. Equities research analysts predict that O’Reilly Automotive Inc. will post $10.73 EPS for the current fiscal year.

In related news, CFO Thomas Mcfall sold 10,000 shares of O’Reilly Automotive stock in a transaction dated Tuesday, June 28th. The stock was sold at an average price of $270.00, for a total transaction of $2,700,000.00. Following the completion of the sale, the chief financial officer now owns 15,065 shares in the company, valued at approximately $4,067,550. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Gregory L. Henslee sold 40,000 shares of O’Reilly Automotive stock in a transaction dated Thursday, May 26th. The stock was sold at an average price of $265.39, for a total value of $10,615,600.00. Following the sale, the chief executive officer now owns 59,911 shares of the company’s stock, valued at approximately $15,899,780.29. The disclosure for this sale can be found here.

Other hedge funds recently bought and sold shares of the company. Green Valley Investors LLC bought a new stake in O’Reilly Automotive during the fourth quarter worth approximately $63,355,000. Cibc World Markets Corp boosted its stake in O’Reilly Automotive by 19.4% in the fourth quarter. Cibc World Markets Corp now owns 8,210 shares of the company’s stock worth $2,081,000 after buying an additional 1,332 shares in the last quarter. Suntrust Banks Inc. boosted its stake in O’Reilly Automotive by 7.5% in the fourth quarter. Suntrust Banks Inc. now owns 17,545 shares of the company’s stock worth $4,445,000 after buying an additional 1,227 shares in the last quarter. Advantus Capital Management Inc boosted its stake in O’Reilly Automotive by 1.6% in the fourth quarter. Advantus Capital Management Inc now owns 9,610 shares of the company’s stock worth $2,435,000 after buying an additional 151 shares in the last quarter. Finally, Atlantic Trust Group LLC boosted its stake in O’Reilly Automotive by 3.4% in the fourth quarter. Atlantic Trust Group LLC now owns 36,066 shares of the company’s stock worth $9,141,000 after buying an additional 1,202 shares in the last quarter.

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company offers its products to both do-it-yourself (DIY) and professional service provider customers. Its stores’ product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control and engine parts; maintenance items, such as filters, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

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