Community Financial Services Group LLC Acquires 147 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Community Financial Services Group LLC increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,040 shares of the specialty retailer’s stock after buying an additional 147 shares during the period. Community Financial Services Group LLC’s holdings in O’Reilly Automotive were worth $4,355,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ORLY. HWG Holdings LP purchased a new position in shares of O’Reilly Automotive during the first quarter valued at $26,000. Lee Danner & Bass Inc. purchased a new position in shares of O’Reilly Automotive during the fourth quarter valued at $28,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of O’Reilly Automotive during the fourth quarter valued at $31,000. Investment Management Corp VA ADV purchased a new position in shares of O’Reilly Automotive during the fourth quarter valued at $37,000. Finally, Piscataqua Savings Bank purchased a new position in shares of O’Reilly Automotive during the first quarter valued at $43,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ORLY shares. DA Davidson raised their price target on O’Reilly Automotive from $101.67 to $106.67 and gave the company a “buy” rating in a research note on Friday, April 25th. BMO Capital Markets lifted their target price on O’Reilly Automotive from $96.67 to $100.00 and gave the company an “outperform” rating in a research note on Friday, April 25th. Wells Fargo & Company lifted their target price on O’Reilly Automotive from $95.00 to $103.33 and gave the company an “overweight” rating in a research note on Wednesday, April 16th. UBS Group lifted their target price on O’Reilly Automotive from $102.33 to $105.33 and gave the company a “buy” rating in a research note on Thursday, April 24th. Finally, Mizuho lifted their target price on O’Reilly Automotive from $93.33 to $96.33 and gave the company an “outperform” rating in a research note on Friday, April 25th. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and a consensus price target of $94.30.

Insider Transactions at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $91.93, for a total value of $275,800.00. Following the sale, the director now owns 4,560 shares in the company, valued at $419,216. This represents a 39.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ramon Parises Odems sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $90.70, for a total value of $2,720,900.00. Following the completion of the sale, the senior vice president now owns 240 shares in the company, valued at approximately $21,767.20. This represents a 99.21% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 33,285 shares of company stock worth $3,022,386. Insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $91.26 on Tuesday. O’Reilly Automotive, Inc. has a fifty-two week low of $67.24 and a fifty-two week high of $97.22. The firm has a market capitalization of $78.01 billion, a price-to-earnings ratio of 33.54, a PEG ratio of 2.44 and a beta of 0.60. The stock’s 50-day simple moving average is $91.14 and its 200-day simple moving average is $88.12.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, April 23rd. The specialty retailer reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.04). O’Reilly Automotive had a negative return on equity of 167.25% and a net margin of 14.10%. The business had revenue of $4.14 billion for the quarter, compared to analysts’ expectations of $4.18 billion. During the same quarter in the previous year, the firm posted $0.61 EPS. O’Reilly Automotive’s revenue was up 4.0% on a year-over-year basis. As a group, equities analysts forecast that O’Reilly Automotive, Inc. will post 43.94 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.