Values First Advisors Inc. lifted its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 70.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,025 shares of the specialty retailer's stock after acquiring an additional 423 shares during the period. Values First Advisors Inc.'s holdings in O'Reilly Automotive were worth $1,215,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wellington Management Group LLP raised its position in shares of O'Reilly Automotive by 73.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer's stock worth $1,986,874,000 after acquiring an additional 728,040 shares in the last quarter. Geode Capital Management LLC raised its position in shares of O'Reilly Automotive by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer's stock worth $1,700,513,000 after acquiring an additional 24,135 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of O'Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock worth $984,027,000 after acquiring an additional 853,633 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in O'Reilly Automotive by 28.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock worth $692,816,000 after buying an additional 133,139 shares during the period. Finally, Mizuho Securities USA LLC increased its position in O'Reilly Automotive by 10,626.8% during the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock worth $5,393,000 after buying an additional 482,670 shares during the period. Institutional investors and hedge funds own 85.00% of the company's stock.
O'Reilly Automotive Stock Down 1.3 %
Shares of O'Reilly Automotive stock traded down $16.88 during trading on Friday, reaching $1,318.80. The company's stock had a trading volume of 344,553 shares, compared to its average volume of 330,373. 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 $76.13 billion, a P/E ratio of 32.43, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94. The business has a 50 day moving average price of $1,249.77 and a 200-day moving average price of $1,195.62.
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 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%. Research analysts predict that O'Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, SVP Mark Joseph Merz sold 500 shares of the company's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the sale, the senior vice president now directly owns 275 shares in the company, valued at $364,375. This represents a 64.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Maria Sastre sold 248 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the sale, the director now owns 971 shares in the company, valued at $1,278,001.07. This represents a 20.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,968 shares of company stock worth $2,492,394. 1.55% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
Several research analysts have commented on ORLY shares. TD Cowen lifted their price target on O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Barclays lifted 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 research report on Friday, February 7th. Royal Bank of Canada lifted their price target on O'Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an "outperform" rating in a research report on Friday, February 7th. BMO Capital Markets lifted their price target on 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, Wells Fargo & Company lifted their price target on 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. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, O'Reilly Automotive presently has a consensus rating of "Buy" and a consensus price target of $1,390.81.
Read Our Latest Stock Report on ORLY
About O'Reilly Automotive
(
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 Stories
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
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
