Lincoln National Corp Acquires 41 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Lincoln National Corp increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 13.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 335 shares of the specialty retailer’s stock after purchasing an additional 41 shares during the period. Lincoln National Corp’s holdings in O’Reilly Automotive were worth $304,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Klingman & Associates LLC lifted its position in O’Reilly Automotive by 1.3% during the 2nd quarter. Klingman & Associates LLC now owns 857 shares of the specialty retailer’s stock worth $819,000 after acquiring an additional 11 shares during the last quarter. Coldstream Capital Management Inc. lifted its position in O’Reilly Automotive by 0.9% during the 2nd quarter. Coldstream Capital Management Inc. now owns 1,240 shares of the specialty retailer’s stock worth $1,185,000 after acquiring an additional 11 shares during the last quarter. Thoroughbred Financial Services LLC lifted its position in O’Reilly Automotive by 1.5% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 759 shares of the specialty retailer’s stock worth $725,000 after acquiring an additional 11 shares during the last quarter. Pinnacle Wealth Planning Services Inc. lifted its position in O’Reilly Automotive by 2.5% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 453 shares of the specialty retailer’s stock worth $433,000 after acquiring an additional 11 shares during the last quarter. Finally, West Family Investments Inc. lifted its position in O’Reilly Automotive by 2.1% during the 2nd quarter. West Family Investments Inc. now owns 533 shares of the specialty retailer’s stock worth $509,000 after acquiring an additional 11 shares during the last quarter. 82.92% of the stock is currently owned by institutional investors.

Insider Activity

In other news, SVP Wild Tamara F. De sold 549 shares of the stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $986.59, for a total transaction of $541,637.91. Following the sale, the senior vice president now directly owns 352 shares of the company’s stock, valued at $347,279.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, SVP Wild Tamara F. De sold 549 shares of the stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $986.59, for a total transaction of $541,637.91. Following the sale, the senior vice president now directly owns 352 shares of the company’s stock, valued at $347,279.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jay D. Burchfield sold 1,000 shares of the stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $959.35, for a total transaction of $959,350.00. Following the sale, the director now directly owns 17,008 shares in the company, valued at $16,316,624.80. The disclosure for this sale can be found here. Insiders have sold 14,213 shares of company stock valued at $14,028,182 over the last three months. 1.55% of the stock is owned by insiders.

Analyst Ratings Changes

ORLY has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of O’Reilly Automotive from $980.00 to $1,030.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 18th. Citigroup raised shares of O’Reilly Automotive from a “neutral” rating to a “buy” rating and upped their price objective for the company from $983.00 to $1,040.00 in a research report on Thursday, October 5th. Oppenheimer lowered shares of O’Reilly Automotive from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $1,000.00 to $930.00 in a research report on Friday, October 6th. StockNews.com assumed coverage on shares of O’Reilly Automotive in a research report on Thursday, October 5th. They set a “buy” rating for the company. Finally, Wedbush reaffirmed a “neutral” rating and set a $940.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 26th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,020.27.

Read Our Latest Analysis on O’Reilly Automotive

O’Reilly Automotive Trading Down 1.7 %

Shares of O’Reilly Automotive stock opened at $1,023.05 on Thursday. The stock has a market capitalization of $60.52 billion, a price-to-earnings ratio of 27.22, a P/E/G ratio of 1.82 and a beta of 0.83. O’Reilly Automotive, Inc. has a 1-year low of $776.43 and a 1-year high of $1,047.57. The firm’s 50-day moving average price is $972.96 and its two-hundred day moving average price is $950.27.

O’Reilly Automotive Profile

(Free Report)

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 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.

Further Reading

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

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