Are O’Reilly Auto (NASDAQ:ORLY) Shares Worth Your Time and Dime Following Recent Citigroup Upgrade?

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O’Reilly Auto (NASDAQ:ORLY) Stock Upgrade

New York-listed O’Reilly Auto (NASDAQ:ORLY), was increased by analysts at Citigroup. The firm increased its rating on the $25.23B market capitalized company to a respectable “Buy” from their past rating of “Neutral”.

From a total of 18 analysts covering O’Reilly Automotive (NASDAQ:ORLY) stock, 12 rate it a ”Buy”, 1 a “Sell”, and 10 a ”Hold”. This means that 52% of the ratings are positive. The highest target price is $325 while the lowest target price is $210. The mean of all analyst targets is $286.22 with a 7.91% above today’s ($256.58) stock price. O’Reilly Automotive was the topic of 11 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on October 30 with “Hold” rating. Jefferies initiated ORLY stock in a recent report from September 15 with “Buy” rating.

Approximately 182,880 shares of stock traded hands. O’Reilly Automotive Inc (NASDAQ:ORLY) has risen 15.91% since May 14, 2015 and is uptrending. It has outperformed by 18.17% the S&P500.

The overall sentiment of institutions has increased to 1.13 in Q2 2015. Its up 0.20, from 0.93 in 2015Q2. The ratio is positive, as 37 institutions have sold all the shares of O’Reilly Automotive Inc that they owned while 220 funds have taken shares off the table. 73 funds have purchased shares for the first time while 218 added to their positions. These institutions now hold 78.50 million shares or 9.90% less than the 87.13 million shares they owned in 2015Q2.

The Fund Trust Co Of The Ozarks currently is holding shares equating to 15.14% of its total portfolio in O’Reilly Automotive Inc representing a total of 175,673 shares. Another fund,Broad Run Investment Management Llc, is holding a total of 873,261 shares equating to 12.39% of their holdings. Additionally, Long Road Investment Counsel Llc has a 50,100 share stake in O’Reilly Automotive Inc which represents 10.68% of their total portfolio. The Fund, Harvey Investment Co Llc, based out of Kentucky, has also built up a stake in the stock, which represents a total of 8.08% of their total portfolio. Finally Signalpoint Asset Management Llc, a fund which is based in the state of Missouri reported a total holdings of 59,889 shares.

Insider activity is a very important aspect to track on any stock. Going back to February 25, 2015, shareholders of O’Reilly Automotive Inc have witnessed 0 insider purchases, and a total of 7 selling transactions equating to a net activity of approximately $38.59 million . Bartholomew Tony E sold 5,000 shares worth approximately $1.30 million. Oreilly David E sold 75,000 shares worth approximately $18.75M. Groves Jeffrey Lynn sold 5,372 shares worth approximately $1.33M. Johnson Gregory D sold 4,000 shares worth approximately $970,926. The company insider Mcfall Thomas sold 7,500 shares worth $1.82M.

O’Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The company has a market cap of $25.21 billion. The Company’s stores carry a product line, including new and remanufactured automotive hard parts, maintenance items and various automotive accessories. It has 29.33 P/E ratio. As of December 31, 2014, the Company owned and operated 4,366 stores in 43 states, servicing both the do-it-yourself (DIY) clients and the professional service providers.

According to Zacks Investment Research, “O’Reilly Automotive, Inc. is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both do-it-yourself customers and professional mechanics or service technicians. O’Reilly stores carry an extensive product line consisting of new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, and brake shoes and pads, maintenance items, such as oil, antifreeze, fluids, engine additives and appearance products, accessories, such as floor mats and seat covers.”

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