Larson Financial Group LLC Increases Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Larson Financial Group LLC lifted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 26.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 468 shares of the specialty retailer’s stock after acquiring an additional 97 shares during the period. Larson Financial Group LLC’s holdings in O’Reilly Automotive were worth $539,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ORLY. B. Riley Wealth Advisors Inc. increased its holdings in O’Reilly Automotive by 5.3% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 1,944 shares of the specialty retailer’s stock valued at $2,195,000 after acquiring an additional 97 shares during the last quarter. Tidal Investments LLC lifted its position in shares of O’Reilly Automotive by 191.4% in the first quarter. Tidal Investments LLC now owns 6,566 shares of the specialty retailer’s stock worth $7,427,000 after buying an additional 4,313 shares in the last quarter. SkyView Investment Advisors LLC purchased a new stake in shares of O’Reilly Automotive in the first quarter worth about $853,000. Beacon Capital Management LLC boosted its stake in O’Reilly Automotive by 76.3% during the first quarter. Beacon Capital Management LLC now owns 67 shares of the specialty retailer’s stock valued at $76,000 after buying an additional 29 shares during the last quarter. Finally, Vista Investment Partners LLC grew its holdings in O’Reilly Automotive by 0.3% during the 1st quarter. Vista Investment Partners LLC now owns 4,596 shares of the specialty retailer’s stock valued at $5,188,000 after buying an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Barclays increased their target price on O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Royal Bank of Canada increased their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. TD Cowen lifted their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,242.13.

O’Reilly Automotive Stock Up 0.9 %

Shares of NASDAQ ORLY opened at $1,238.76 on Tuesday. O’Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,255.30. The firm has a market cap of $71.51 billion, a PE ratio of 30.65, a price-to-earnings-growth ratio of 2.49 and a beta of 0.92. The business has a fifty day simple moving average of $1,181.53 and a two-hundred day simple moving average of $1,103.72.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm’s revenue was up 3.8% compared to the same quarter last year. During the same period last year, the company earned $10.72 earnings per share. On average, research analysts expect that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

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.