Dynamic Advisor Solutions LLC Purchases 157 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Dynamic Advisor Solutions LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,163 shares of the specialty retailer’s stock after acquiring an additional 157 shares during the period. Dynamic Advisor Solutions LLC’s holdings in O’Reilly Automotive were worth $4,700,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Factory Mutual Insurance Co. acquired a new position in shares of O’Reilly Automotive in the 1st quarter valued at approximately $5,644,000. Riverview Trust Co bought a new stake in O’Reilly Automotive during the 1st quarter worth about $41,000. Annex Advisory Services LLC boosted its stake in shares of O’Reilly Automotive by 16.4% during the 1st quarter. Annex Advisory Services LLC now owns 12,218 shares of the specialty retailer’s stock worth $13,793,000 after buying an additional 1,724 shares during the last quarter. Strong Tower Advisory Services grew its holdings in shares of O’Reilly Automotive by 5.6% in the 1st quarter. Strong Tower Advisory Services now owns 450 shares of the specialty retailer’s stock valued at $509,000 after acquiring an additional 24 shares in the last quarter. Finally, Global Assets Advisory LLC acquired a new stake in shares of O’Reilly Automotive in the first quarter valued at about $108,456,000. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Stock Down 2.4 %

Shares of O’Reilly Automotive stock opened at $1,057.79 on Wednesday. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The company has a market capitalization of $62.29 billion, a price-to-earnings ratio of 26.85, a PEG ratio of 1.99 and a beta of 0.89. The firm’s 50-day moving average price is $1,019.46 and its two-hundred day moving average price is $1,032.55.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same quarter last year, the business posted $8.28 EPS. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, sell-side analysts expect that O’Reilly Automotive, Inc. will post 41.93 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Mizuho began coverage on O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target for the company. UBS Group boosted their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Wedbush reiterated a “neutral” rating and issued a $1,100.00 target price on shares of O’Reilly Automotive in a research note on Thursday, April 25th. Wells Fargo & Company lowered their price target on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research report on Thursday, April 25th. Finally, StockNews.com cut O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,123.64.

Insider Activity at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the sale, the chief executive officer now directly owns 716 shares in the company, valued at approximately $726,740. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Brad W. Beckham sold 6,032 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the sale, the chief executive officer now directly owns 716 shares in the company, valued at $726,740. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lawrence P. Oreilly sold 1,500 shares of the company’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total value of $1,424,250.00. Following the completion of the sale, the director now owns 31,613 shares in the company, valued at approximately $30,016,543.50. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by insiders.

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.