Blue Chip Partners LLC grew its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,282 shares of the specialty retailer's stock after acquiring an additional 203 shares during the quarter. Blue Chip Partners LLC's holdings in O'Reilly Automotive were worth $11,007,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of ORLY. AlphaMark Advisors LLC acquired a new stake in shares of O'Reilly Automotive during the fourth quarter worth $30,000. Darwin Wealth Management LLC purchased a new position in shares of O'Reilly Automotive in the third quarter valued at $32,000. MidAtlantic Capital Management Inc. purchased a new position in shares of O'Reilly Automotive in the third quarter valued at $37,000. Princeton Global Asset Management LLC purchased a new position in shares of O'Reilly Automotive in the third quarter valued at $41,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in O'Reilly Automotive during the 4th quarter worth about $46,000. 85.00% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
ORLY has been the subject of several recent analyst reports. DA Davidson lifted their price target on O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a "buy" rating in a report on Friday, February 7th. Barclays upped their price target on O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an "equal weight" rating in a report on Friday, February 7th. StockNews.com upgraded O'Reilly Automotive from a "hold" rating to a "buy" rating in a report on Wednesday, January 22nd. BNP Paribas raised O'Reilly Automotive to a "strong-buy" rating in a research report on Friday, October 25th. Finally, Guggenheim upped their price target on O'Reilly Automotive from $1,400.00 to $1,475.00 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 issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $1,390.81.
Get Our Latest Report on ORLY
O'Reilly Automotive Stock Performance
Shares of NASDAQ:ORLY traded up $16.64 on Thursday, hitting $1,312.44. The company's stock had a trading volume of 278,208 shares, compared to its average volume of 332,128. O'Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27. The company has a market capitalization of $75.77 billion, a price-to-earnings ratio of 32.28, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94. The stock's 50-day moving average is $1,252.18 and its two-hundred day moving average is $1,199.59.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating the consensus estimate of $9.73 by $0.23. O'Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Equities analysts expect that O'Reilly Automotive, Inc. will post 44.01 earnings per share for the current fiscal year.
Insider Activity
In related news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, the senior vice president now directly owns 5 shares of the company's stock, valued at approximately $6,201.95. This represents a 99.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares of the company's stock, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,968 shares of company stock valued at $2,492,394 over the last three months. Insiders own 1.55% of the company's stock.
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, 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.
Featured Articles
Before you consider O'Reilly Automotive, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and O'Reilly Automotive wasn't on the list.
While O'Reilly Automotive currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
