Bradyco Inc. Makes New Investment in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Bradyco Inc. bought a new stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 598 shares of the specialty retailer's stock, valued at approximately $709,000.

Several other hedge funds also recently modified their holdings of the company. AlphaMark Advisors LLC acquired a new position in O'Reilly Automotive in the fourth quarter valued at $30,000. Kestra Investment Management LLC purchased a new stake in O'Reilly Automotive in the 4th quarter valued at about $32,000. Darwin Wealth Management LLC acquired a new position in shares of O'Reilly Automotive during the 3rd quarter valued at about $32,000. MidAtlantic Capital Management Inc. purchased a new position in shares of O'Reilly Automotive during the 3rd quarter worth about $37,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of O'Reilly Automotive in the fourth quarter worth approximately $46,000. 85.00% of the stock is owned by institutional investors and hedge funds.

O'Reilly Automotive Trading Down 1.7 %

ORLY stock traded down $22.52 during mid-day trading on Tuesday, hitting $1,324.06. 403,380 shares of the company were exchanged, compared to its average volume of 350,947. The firm has a fifty day simple moving average of $1,281.29 and a 200 day simple moving average of $1,220.14. The company has a market capitalization of $75.83 billion, a PE ratio of 32.56, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91. O'Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,389.05.

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O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts' consensus estimates 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%. As a group, sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of the business's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the sale, the senior vice president now owns 275 shares in the company, valued at $364,375. The trade was a 64.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Andrea Weiss sold 248 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,311.23, for a total transaction of $325,185.04. Following the completion of the transaction, the director now owns 452 shares in the company, valued at approximately $592,675.96. The trade was a 35.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 7,894 shares of company stock valued at $10,409,618. Corporate insiders own 1.55% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Royal Bank of Canada boosted their price target on O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an "outperform" rating in a research report on Friday, February 7th. StockNews.com raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. Morgan Stanley raised shares of O'Reilly Automotive from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. DA Davidson lifted their target price on shares of 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. Finally, UBS Group increased their price target on O'Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a "buy" rating in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $1,390.81.

About O'Reilly Automotive

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.