Darwin Wealth Management LLC Takes Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Darwin Wealth Management LLC bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 28 shares of the specialty retailer’s stock, valued at approximately $32,000.

A number of other large investors have also added to or reduced their stakes in ORLY. Trifecta Capital Advisors LLC boosted its holdings in shares of O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at $37,000. Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter worth $41,000. Kings Path Partners LLC bought a new position in O’Reilly Automotive in the 2nd quarter worth $44,000. Finally, ORG Partners LLC bought a new stake in O’Reilly Automotive during the second quarter valued at about $48,000. Institutional investors own 85.00% of the company’s stock.

Insider Activity

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Up 1.3 %

Shares of NASDAQ:ORLY opened at $1,204.61 on Friday. The company has a market cap of $69.54 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 2.44 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,255.30. The company has a 50-day moving average price of $1,177.33 and a 200 day moving average price of $1,099.65.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. 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 business earned $10.72 earnings per share. As a group, equities analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on ORLY shares. JPMorgan Chase & Co. boosted their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. DA Davidson reissued a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Morgan Stanley lifted their target price on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. TD Cowen increased their price target on 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, Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,242.13.

About O’Reilly Automotive

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.