B. Metzler seel. Sohn & Co. Holding AG Takes $3.31 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the third quarter, HoldingsChannel reports. The fund purchased 2,871 shares of the specialty retailer’s stock, valued at approximately $3,306,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ORLY. Fifth Third Wealth Advisors LLC lifted its stake in shares of O’Reilly Automotive by 2.5% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 1,135 shares of the specialty retailer’s stock valued at $1,307,000 after purchasing an additional 28 shares during the last quarter. Caprock Group LLC boosted its stake in shares of O’Reilly Automotive by 13.8% during the 3rd quarter. Caprock Group LLC now owns 1,122 shares of the specialty retailer’s stock worth $1,293,000 after purchasing an additional 136 shares during the period. Mawer Investment Management Ltd. grew its holdings in O’Reilly Automotive by 3.2% during the 3rd quarter. Mawer Investment Management Ltd. now owns 7,601 shares of the specialty retailer’s stock valued at $8,753,000 after purchasing an additional 238 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in O’Reilly Automotive in the 3rd quarter worth about $37,000. Finally, J. W. Coons Advisors LLC lifted its stake in O’Reilly Automotive by 2.6% in the third quarter. J. W. Coons Advisors LLC now owns 389 shares of the specialty retailer’s stock worth $448,000 after purchasing an additional 10 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on ORLY shares. TD Cowen lifted their target price on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Roth Mkm restated a “buy” rating and set a $1,337.00 price objective on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Royal Bank of Canada upped their target price on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Finally, Bank of America increased their price objective on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,242.13.

O’Reilly Automotive Trading Down 1.0 %

Shares of O’Reilly Automotive stock opened at $1,188.87 on Thursday. O’Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,255.30. The firm’s 50 day simple moving average is $1,175.63 and its two-hundred day simple moving average is $1,098.92. The firm has a market capitalization of $68.63 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 2.46 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The firm 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 business’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $10.72 EPS. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.55% of the company’s stock.

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.