Groupama Asset Managment acquired a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 12,261 shares of the specialty retailer’s stock, valued at approximately $1,322,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Coastline Trust Co lifted its holdings in shares of O’Reilly Automotive by 4.0% in the 3rd quarter. Coastline Trust Co now owns 2,622 shares of the specialty retailer’s stock valued at $283,000 after purchasing an additional 102 shares during the last quarter. Commons Capital LLC grew its stake in O’Reilly Automotive by 1.1% during the 3rd quarter. Commons Capital LLC now owns 9,888 shares of the specialty retailer’s stock worth $1,066,000 after buying an additional 104 shares during the last quarter. Fayez Sarofim & Co grew its stake in O’Reilly Automotive by 1.4% during the 3rd quarter. Fayez Sarofim & Co now owns 7,635 shares of the specialty retailer’s stock worth $823,000 after buying an additional 105 shares during the last quarter. Quadcap Wealth Management LLC increased its position in O’Reilly Automotive by 4.7% during the third quarter. Quadcap Wealth Management LLC now owns 2,422 shares of the specialty retailer’s stock worth $261,000 after buying an additional 108 shares during the period. Finally, IAM Advisory LLC increased its position in O’Reilly Automotive by 1.6% during the third quarter. IAM Advisory LLC now owns 7,312 shares of the specialty retailer’s stock worth $788,000 after buying an additional 114 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.
O’Reilly Automotive Trading Down 0.7%
NASDAQ ORLY opened at $87.30 on Friday. The business’s 50-day moving average price is $94.60 and its 200 day moving average price is $97.40. O’Reilly Automotive, Inc. has a twelve month low of $86.77 and a twelve month high of $108.71. The company has a market capitalization of $73.20 billion, a PE ratio of 29.46, a price-to-earnings-growth ratio of 1.95 and a beta of 0.63.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. Mizuho set a $105.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a report on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Wednesday, January 28th. Roth Mkm reiterated a “buy” rating on shares of O’Reilly Automotive in a research report on Wednesday, February 4th. DA Davidson reiterated a “buy” rating and set a $110.00 price target on shares of O’Reilly Automotive in a research note on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of O’Reilly Automotive from $114.00 to $108.00 and set an “overweight” rating on the stock in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.26.
Check Out Our Latest Analysis on O’Reilly Automotive
O’Reilly Automotive Company Profile
O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.
The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.
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