DE Burlo Group Inc. Boosts Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

DE Burlo Group Inc. lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 62.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,850 shares of the specialty retailer’s stock after buying an additional 7,650 shares during the period. O’Reilly Automotive comprises 2.8% of DE Burlo Group Inc.’s investment portfolio, making the stock its 13th biggest holding. DE Burlo Group Inc.’s holdings in O’Reilly Automotive were worth $22,859,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Darwin Wealth Management LLC purchased a new position in shares of O’Reilly Automotive during the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC grew its holdings in O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive during the third quarter worth $37,000. Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive during the third quarter worth $41,000. Finally, Crewe Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the first quarter worth $43,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Wells Fargo & Company raised their price objective on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. Barclays increased their target price on O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Royal Bank of Canada raised their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. DA Davidson reissued a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, Wedbush restated a “neutral” rating and set a $1,200.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,242.13.

O’Reilly Automotive Trading Down 1.0 %

ORLY opened at $1,188.87 on Thursday. The business’s 50 day moving average is $1,175.63 and its 200-day moving average is $1,098.92. The stock has a market cap of $68.63 billion, a PE ratio of 29.41, a price-to-earnings-growth ratio of 2.44 and a beta of 0.92. O’Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. O’Reilly Automotive’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm earned $10.72 EPS. As a group, analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insiders Place Their Bets

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.55% of the company’s stock.

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.