Achmea Investment Management B.V. raised its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,627 shares of the specialty retailer's stock after acquiring an additional 288 shares during the period. Achmea Investment Management B.V.'s holdings in O'Reilly Automotive were worth $7,858,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Annex Advisory Services LLC boosted its stake in shares of O'Reilly Automotive by 23.2% in the fourth quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer's stock valued at $40,349,000 after buying an additional 6,418 shares during the period. CIBC Asset Management Inc boosted its stake in shares of O'Reilly Automotive by 4.7% in the third quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer's stock valued at $22,568,000 after buying an additional 882 shares during the period. Montecito Bank & Trust bought a new stake in shares of O'Reilly Automotive in the fourth quarter valued at approximately $365,000. Y Intercept Hong Kong Ltd boosted its stake in shares of O'Reilly Automotive by 824.6% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer's stock valued at $4,276,000 after buying an additional 3,216 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of O'Reilly Automotive by 6.9% in the third quarter. Nomura Asset Management Co. Ltd. now owns 27,907 shares of the specialty retailer's stock valued at $32,138,000 after buying an additional 1,811 shares during the period. Institutional investors own 85.00% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. UBS Group boosted their price target on 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. StockNews.com upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. Barclays boosted their price objective on shares of O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an "equal weight" rating in a research report on Friday, February 7th. Evercore ISI boosted their price objective on shares of O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an "outperform" rating in a research report on Tuesday, December 3rd. Finally, DA Davidson boosted 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 report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $1,390.81.
Read Our Latest Stock Report on ORLY
O'Reilly Automotive Price Performance
Shares of O'Reilly Automotive stock traded down $9.24 during trading on Tuesday, hitting $1,338.75. The company's stock had a trading volume of 262,068 shares, compared to its average volume of 343,819. O'Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,389.05. The stock has a market cap of $76.67 billion, a price-to-earnings ratio of 32.93, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91. The stock has a 50-day moving average price of $1,293.77 and a two-hundred day moving average price of $1,226.88.
O'Reilly Automotive's stock is scheduled to split on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly created shares will be distributed 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 earnings per share 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%. On average, equities analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.
Insider Buying and Selling at O'Reilly Automotive
In other O'Reilly Automotive news, Director Andrea Weiss sold 248 shares of the company's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $1,311.23, for a total transaction of $325,185.04. Following the sale, the director now owns 452 shares of the company's stock, valued at approximately $592,675.96. This represents a 35.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Jason Lee Tarrant sold 1,992 shares of the company's stock in a transaction on Tuesday, February 25th. The shares were 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 directly owns 1,398 shares in the company, valued at $1,872,061.80. This trade represents a 58.76 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,894 shares of company stock valued at $10,409,618. 1.55% of the stock is currently owned by insiders.
About O'Reilly Automotive
(
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, 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.
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