Mizuho Securities USA LLC Has $5.39 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Mizuho Securities USA LLC raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 10,626.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 487,212 shares of the specialty retailer’s stock after buying an additional 482,670 shares during the period. Mizuho Securities USA LLC’s holdings in O’Reilly Automotive were worth $5,393,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Coastline Trust Co acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at $138,000. KCM Investment Advisors LLC boosted its stake in shares of O’Reilly Automotive by 1.8% during the third quarter. KCM Investment Advisors LLC now owns 1,789 shares of the specialty retailer’s stock valued at $2,060,000 after purchasing an additional 32 shares in the last quarter. Valley Wealth Managers Inc. grew its holdings in shares of O’Reilly Automotive by 39.3% during the third quarter. Valley Wealth Managers Inc. now owns 496 shares of the specialty retailer’s stock worth $571,000 after purchasing an additional 140 shares during the last quarter. Birchcreek Wealth Management LLC acquired a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $210,000. Finally, Empowered Funds LLC raised its holdings in O’Reilly Automotive by 2.3% in the 3rd quarter. Empowered Funds LLC now owns 4,500 shares of the specialty retailer’s stock valued at $5,182,000 after buying an additional 103 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on ORLY. Morgan Stanley boosted their target price on shares of 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. Royal Bank of Canada increased their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Barclays lifted their target price on O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. DA Davidson reissued a “buy” rating and issued a $1,275.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Finally, Bank of America raised their price objective on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,242.13.

O’Reilly Automotive Trading Down 0.9 %

NASDAQ:ORLY opened at $1,213.37 on Friday. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,255.30. The stock has a market capitalization of $70.05 billion, a price-to-earnings ratio of 30.02, a PEG ratio of 2.46 and a beta of 0.92. The firm has a fifty day simple moving average of $1,170.83 and a two-hundred day simple moving average of $1,094.85.

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

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction dated 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 legal filing with the SEC, which is available at this hyperlink. Also, Chairman David E. Oreilly sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the sale, the chairman now directly owns 183,583 shares of the company’s stock, valued at $205,407,347.04. This represents a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 16,322 shares of company stock valued at $18,280,698. Company insiders own 1.55% of the company’s stock.

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.