Speece Thorson Capital Group Inc. Invests $5.06 Million in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Speece Thorson Capital Group Inc. acquired a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 23,500 shares of the specialty retailer’s stock, valued at approximately $5,061,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Teachers Advisors LLC boosted its stake in shares of O’Reilly Automotive by 1.4% in the first quarter. Teachers Advisors LLC now owns 180,518 shares of the specialty retailer’s stock valued at $48,711,000 after purchasing an additional 2,431 shares during the period. Gotham Asset Management LLC acquired a new stake in O’Reilly Automotive during the first quarter worth approximately $1,263,000. Shelton Capital Management acquired a new stake in O’Reilly Automotive during the first quarter worth approximately $3,339,000. Edgestream Partners L.P. raised its holdings in O’Reilly Automotive by 46.1% during the first quarter. Edgestream Partners L.P. now owns 4,113 shares of the specialty retailer’s stock worth $1,110,000 after purchasing an additional 1,298 shares in the last quarter. Finally, Cambria Investment Management L.P. raised its holdings in O’Reilly Automotive by 1.2% during the first quarter. Cambria Investment Management L.P. now owns 8,350 shares of the specialty retailer’s stock worth $2,253,000 after purchasing an additional 103 shares in the last quarter. Hedge funds and other institutional investors own 97.98% of the company’s stock.

Shares of O’Reilly Automotive, Inc. (ORLY) opened at $215.89 on Wednesday. O’Reilly Automotive, Inc. has a 1 year low of $169.43 and a 1 year high of $286.57. The company has a market capitalization of $18,232.49, a PE ratio of 18.63, a price-to-earnings-growth ratio of 1.27 and a beta of 0.80. The company has a debt-to-equity ratio of 4.72, a quick ratio of 0.10 and a current ratio of 0.93.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 25th. The specialty retailer reported $3.22 EPS for the quarter, topping the Zacks’ consensus estimate of $3.15 by $0.07. O’Reilly Automotive had a return on equity of 93.18% and a net margin of 12.13%. The firm had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same period last year, the company posted $2.90 EPS. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. equities analysts predict that O’Reilly Automotive, Inc. will post 11.91 earnings per share for the current fiscal year.

O’Reilly Automotive announced that its board has approved a share repurchase plan on Friday, September 1st that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the specialty retailer to buy up to 5.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its stock is undervalued.

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In other news, Director Rosalie Oreilly Wooten sold 5,000 shares of the business’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $200.87, for a total transaction of $1,004,350.00. Following the completion of the sale, the director now owns 72,562 shares in the company, valued at $14,575,528.94. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Scott E. Kraus sold 1,500 shares of the business’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $212.49, for a total value of $318,735.00. Following the sale, the senior vice president now owns 2,959 shares of the company’s stock, valued at approximately $628,757.91. The disclosure for this sale can be found here. Insiders sold a total of 18,345 shares of company stock worth $3,755,572 over the last three months. 3.12% of the stock is owned by company insiders.

A number of equities analysts have recently commented on ORLY shares. Citigroup Inc. lifted their target price on shares of O’Reilly Automotive from $276.00 to $283.00 and gave the company a “buy” rating in a report on Friday, October 27th. Robert W. Baird reissued a “hold” rating and issued a $220.00 price objective on shares of O’Reilly Automotive in a research note on Friday, October 27th. Credit Suisse Group AG set a $193.00 price objective on shares of O’Reilly Automotive and gave the stock a “hold” rating in a research report on Thursday, October 26th. Oppenheimer Holdings, Inc. set a $220.00 target price on O’Reilly Automotive and gave the company a “buy” rating in a research note on Thursday, October 26th. Finally, UBS AG reiterated a “buy” rating and set a $240.00 target price (up from $230.00) on shares of O’Reilly Automotive in a research note on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $243.48.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. The Company’s product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts, driveline parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.

Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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