Candriam S.C.A. Purchases 503 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Candriam S.C.A. boosted its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 15.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,756 shares of the specialty retailer's stock after purchasing an additional 503 shares during the period. Candriam S.C.A.'s holdings in O'Reilly Automotive were worth $4,454,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. boosted its position in shares of O'Reilly Automotive by 20.8% in the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer's stock valued at $21,396,000 after acquiring an additional 3,193 shares during the period. Annex Advisory Services LLC lifted its position in shares of O'Reilly Automotive by 23.2% during the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer's stock worth $40,349,000 after buying an additional 6,418 shares during the last quarter. CIBC Asset Management Inc grew its holdings in shares of O'Reilly Automotive by 4.7% during the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer's stock valued at $22,568,000 after purchasing an additional 882 shares during the last quarter. Montecito Bank & Trust acquired a new stake in shares of O'Reilly Automotive during the 4th quarter valued at $365,000. Finally, Y Intercept Hong Kong Ltd grew its holdings in shares of O'Reilly Automotive by 824.6% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer's stock worth $4,276,000 after purchasing an additional 3,216 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

Several equities research analysts have recently weighed in on ORLY shares. StockNews.com upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. Mizuho boosted their target price on shares of O'Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. Royal Bank of Canada raised their target price on O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an "outperform" rating in a report on Friday, February 7th. BMO Capital Markets lifted their target price on shares of O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an "outperform" rating in a research report on Monday, February 10th. Finally, Barclays increased their price target 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. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $1,390.81.

Insiders Place Their Bets

In other news, EVP Jason Lee Tarrant sold 1,992 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $1,339.10, for a total value of $2,667,487.20. Following the transaction, the executive vice president now directly owns 1,398 shares in the company, valued at $1,872,061.80. The trade was a 58.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Gregory L. Henslee sold 3,073 shares of O'Reilly Automotive 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 value 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 trade represents a 21.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,894 shares of company stock worth $10,409,618 over the last three months. 1.18% of the stock is currently owned by company insiders.

O'Reilly Automotive Price Performance

O'Reilly Automotive stock traded down $14.77 during midday trading on Wednesday, reaching $1,309.29. 318,986 shares of the company traded hands, compared to its average volume of 348,667. The firm has a market capitalization of $74.99 billion, a price-to-earnings ratio of 32.20, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91. The business has a 50 day moving average of $1,284.05 and a two-hundred day moving average of $1,221.60. O'Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,389.05.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share 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%. As a group, equities analysts forecast that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

O'Reilly Automotive Company 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.