SVB Wealth LLC purchased a new stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,769 shares of the specialty retailer's stock, valued at approximately $2,098,000.
Several other large investors also recently made changes to their positions in the business. AlphaMark Advisors LLC acquired a new position in shares of O'Reilly Automotive in the 4th quarter worth $30,000. Darwin Wealth Management LLC acquired a new position in shares of O'Reilly Automotive in the 3rd quarter valued at $32,000. Kestra Investment Management LLC purchased a new position in O'Reilly Automotive in the 4th quarter worth about $32,000. MidAtlantic Capital Management Inc. acquired a new stake in O'Reilly Automotive during the 3rd quarter worth about $37,000. Finally, Princeton Global Asset Management LLC purchased a new stake in O'Reilly Automotive during the third quarter valued at about $41,000. Institutional investors own 85.00% of the company's stock.
O'Reilly Automotive Stock Down 1.3 %
ORLY stock traded down $17.39 during trading hours on Thursday, hitting $1,322.28. The company's stock had a trading volume of 173,380 shares, compared to its average volume of 339,967. The stock has a 50 day moving average price of $1,273.03 and a two-hundred day moving average price of $1,215.23. O'Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,389.05. The company has a market capitalization of $76.34 billion, a PE ratio of 32.52, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS 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%. Sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.
Wall Street Analysts Forecast Growth
ORLY has been the topic of several analyst reports. StockNews.com downgraded shares of O'Reilly Automotive from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Wells Fargo & Company lifted their price objective on shares of O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 28th. Royal Bank of Canada increased 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. Mizuho lifted their price target on O'Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an "outperform" rating in a report on Friday, February 7th. Finally, Barclays increased their price objective on O'Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Three research 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. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $1,390.81.
Read Our Latest Analysis on O'Reilly Automotive
Insider Activity
In related news, 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 approximately $14,988,764.55. This represents a 21.24 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Brad W. Beckham sold 833 shares of O'Reilly Automotive stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the transaction, the chief executive officer now owns 760 shares in the company, valued at $988,000. This trade represents a 52.29 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,894 shares of company stock valued at $10,409,618. Insiders own 1.55% of the company's stock.
O'Reilly Automotive Company Profile
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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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