Middleton & Co. Inc. MA Reduces Stock Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Middleton & Co. Inc. MA trimmed its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 16,356 shares of the specialty retailer's stock after selling 389 shares during the period. O'Reilly Automotive comprises 2.1% of Middleton & Co. Inc. MA's investment portfolio, making the stock its 12th biggest position. Middleton & Co. Inc. MA's holdings in O'Reilly Automotive were worth $19,395,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jacobi Capital Management LLC boosted its holdings in shares of O'Reilly Automotive by 12.8% in the 4th quarter. Jacobi Capital Management LLC now owns 203 shares of the specialty retailer's stock worth $241,000 after buying an additional 23 shares during the last quarter. Metis Global Partners LLC boosted its stake in O'Reilly Automotive by 4.6% in the fourth quarter. Metis Global Partners LLC now owns 1,948 shares of the specialty retailer's stock valued at $2,310,000 after acquiring an additional 85 shares during the last quarter. Providence First Trust Co bought a new position in shares of O'Reilly Automotive during the 4th quarter valued at approximately $531,000. Fisher Asset Management LLC increased its stake in shares of O'Reilly Automotive by 15.1% during the 4th quarter. Fisher Asset Management LLC now owns 373 shares of the specialty retailer's stock worth $444,000 after purchasing an additional 49 shares during the last quarter. Finally, Cobblestone Capital Advisors LLC NY increased its stake in shares of O'Reilly Automotive by 608.5% during the 4th quarter. Cobblestone Capital Advisors LLC NY now owns 9,033 shares of the specialty retailer's stock worth $10,711,000 after purchasing an additional 7,758 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Performance

O'Reilly Automotive stock traded down $2.68 during mid-day trading on Monday, hitting $1,370.97. 228,460 shares of the company traded hands, compared to its average volume of 332,831. O'Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,386.36. The stock has a market cap of $79.15 billion, a price-to-earnings ratio of 33.72, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The stock has a fifty day moving average price of $1,264.60 and a 200-day moving average price of $1,210.85.

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

Analysts Set New Price Targets

A number of research firms have issued reports on ORLY. Wedbush raised their target price on O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a "neutral" rating in a research report on Thursday, February 6th. DA Davidson lifted their price objective on O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Guggenheim upped their price objective on shares of O'Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a "buy" rating in a report on Friday, February 7th. UBS Group lifted their target price on shares of O'Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, Wells Fargo & Company boosted their price target on shares of O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an "overweight" rating in a research report on Tuesday, January 28th. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $1,390.81.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, CEO Brad W. Beckham sold 833 shares of O'Reilly Automotive stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the transaction, the chief executive officer now directly owns 760 shares of the company's stock, valued at approximately $988,000. This trade represents a 52.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Gregory L. Henslee sold 3,073 shares of the company's stock in a transaction 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 completion of the sale, the chairman now directly owns 11,397 shares of the company's stock, 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. In the last three months, insiders have sold 7,894 shares of company stock valued at $10,409,618. Corporate insiders own 1.55% of the company's stock.

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.