Baker Tilly Wealth Management LLC Purchases 160 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Baker Tilly Wealth Management LLC boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 30.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 691 shares of the specialty retailer’s stock after buying an additional 160 shares during the period. Baker Tilly Wealth Management LLC’s holdings in O’Reilly Automotive were worth $796,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ORLY. International Assets Investment Management LLC boosted its position in shares of O’Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock valued at $984,027,000 after acquiring an additional 853,633 shares during the last quarter. JPMorgan Chase & Co. raised its stake in O’Reilly Automotive by 56.2% during the first quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock valued at $1,180,259,000 after purchasing an additional 376,167 shares in the last quarter. CCLA Investment Management bought a new position in O’Reilly Automotive during the first quarter valued at $95,481,000. Marshall Wace LLP grew its position in O’Reilly Automotive by 809.8% in the second quarter. Marshall Wace LLP now owns 90,978 shares of the specialty retailer’s stock worth $96,078,000 after acquiring an additional 80,978 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of O’Reilly Automotive by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer’s stock worth $5,739,462,000 after purchasing an additional 75,837 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction that occurred 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 sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the sale, the senior vice president now directly owns 265 shares of the company’s stock, valued at $296,800. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,411 shares of company stock worth $56,846,062 over the last 90 days. Company insiders own 1.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on ORLY. Royal Bank of Canada lifted their price objective on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research note on Friday. JPMorgan Chase & Co. upped their price target on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Wells Fargo & Company increased their price objective on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. TD Cowen boosted their target price on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research report on Friday. Finally, Evercore ISI upped their target price on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,242.13.

O’Reilly Automotive Trading Down 0.4 %

Shares of O’Reilly Automotive stock opened at $1,195.22 on Monday. The stock’s fifty day moving average price is $1,150.51 and its 200-day moving average price is $1,081.90. The firm has a market cap of $70.39 billion, a P/E ratio of 30.34, a P/E/G ratio of 2.29 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12 month low of $895.88 and a 12 month high of $1,221.18.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The business had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.42 billion. During the same period last year, the business posted $10.72 EPS. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. Analysts forecast that O’Reilly Automotive, Inc. will post 41.05 earnings per share for the current year.

O’Reilly Automotive Company 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.