Transamerica Financial Advisors Inc. Has $5.82 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Transamerica Financial Advisors Inc. boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 18.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,053 shares of the specialty retailer’s stock after purchasing an additional 773 shares during the period. Transamerica Financial Advisors Inc.’s holdings in O’Reilly Automotive were worth $5,819,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in ORLY. Principal Financial Group Inc. raised its position in shares of O’Reilly Automotive by 3.2% in the 2nd quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer’s stock worth $1,954,404,000 after acquiring an additional 57,194 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in O’Reilly Automotive by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer’s stock worth $1,505,649,000 after purchasing an additional 19,211 shares in the last quarter. International Assets Investment Management LLC lifted its stake in O’Reilly Automotive by 99,957.0% in the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock valued at $984,027,000 after buying an additional 853,633 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in O’Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after buying an additional 133,139 shares during the period. Finally, Legal & General Group Plc grew its position in shares of O’Reilly Automotive by 5.2% during the 2nd quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer’s stock worth $524,629,000 after buying an additional 24,767 shares during the period. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY traded up $11.39 during trading on Tuesday, reaching $1,238.76. The company’s stock had a trading volume of 521,913 shares, compared to its average volume of 375,694. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,255.30. The firm has a market cap of $71.51 billion, a price-to-earnings ratio of 30.65, a price-to-earnings-growth ratio of 2.49 and a beta of 0.92. The firm has a 50 day moving average of $1,181.53 and a 200-day moving average of $1,103.72.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. O’Reilly Automotive’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $10.72 EPS. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ORLY. Truist Financial increased their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Morgan Stanley increased their price target on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a report on Thursday, October 24th. TD Cowen upped their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, Wedbush reissued a “neutral” rating and set a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and an average target price of $1,242.13.

O’Reilly Automotive 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.