2,633 Shares in O'Reilly Automotive, Inc. (NASDAQ:ORLY) Bought by JPL Wealth Management LLC

JPL Wealth Management LLC acquired a new position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,633 shares of the specialty retailer's stock, valued at approximately $3,123,000.

A number of other large investors have also modified their holdings of ORLY. Wellington Management Group LLP increased its stake in shares of O'Reilly Automotive by 73.0% during the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer's stock worth $1,986,874,000 after purchasing an additional 728,040 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of O'Reilly Automotive by 1.7% during the third quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer's stock worth $1,700,513,000 after purchasing an additional 24,135 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of O'Reilly Automotive by 28.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock worth $692,816,000 after purchasing an additional 133,139 shares in the last quarter. Proficio Capital Partners LLC increased its stake in shares of O'Reilly Automotive by 205,600.0% during the fourth quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer's stock worth $597,602,000 after purchasing an additional 503,720 shares in the last quarter. Finally, Mizuho Securities USA LLC increased its stake in shares of O'Reilly Automotive by 10,626.8% during the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock worth $5,393,000 after purchasing an additional 482,670 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

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Analyst Upgrades and Downgrades

A number of analysts have recently commented on ORLY shares. Wedbush boosted their target price on shares of O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a "neutral" rating in a research note on Thursday, February 6th. DA Davidson upped their price objective on shares of O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Mizuho upped their price objective on shares of O'Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an "outperform" rating in a research note on Friday, February 7th. UBS Group upped their price objective on shares of O'Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, Morgan Stanley raised shares of O'Reilly Automotive from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $1,390.81.

Insiders Place Their Bets

In other O'Reilly Automotive news, Chairman Gregory L. Henslee sold 3,073 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now directly owns 11,397 shares in the company, valued at $14,988,764.55. This represents a 21.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Jason Lee Tarrant sold 1,992 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the sale, the executive vice president now owns 1,398 shares in the company, valued at approximately $1,872,061.80. This trade represents a 58.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,894 shares of company stock worth $10,409,618 in the last ninety days. 1.55% of the stock is owned by corporate insiders.

O'Reilly Automotive Price Performance

Shares of ORLY stock traded up $20.58 during trading hours on Monday, hitting $1,347.99. The company had a trading volume of 409,021 shares, compared to its average volume of 342,710. The company's fifty day moving average is $1,291.02 and its 200 day moving average is $1,225.40. O'Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,389.05. The stock has a market capitalization of $77.20 billion, a PE ratio of 33.15, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91.

O'Reilly Automotive's stock is going to split before the market opens on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly issued shares will be payable to shareholders after the closing bell on Monday, June 9th.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping the consensus estimate of $9.73 by $0.23. O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Equities analysts forecast that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

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.