Toth Financial Advisory Corp lowered its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 0.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,438 shares of the specialty retailer’s stock after selling 15 shares during the quarter. Toth Financial Advisory Corp’s holdings in O’Reilly Automotive were worth $5,263,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of the business. Wellington Management Group LLP raised its holdings in 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 buying an additional 728,040 shares during the period. Geode Capital Management LLC increased its position in shares of O’Reilly Automotive by 1.7% during the third 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 increased its position in shares of O’Reilly Automotive by 99,957.0% during the third 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 raised its holdings in shares of 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 acquiring an additional 133,139 shares during the period. Finally, Legal & General Group Plc lifted its position in O’Reilly Automotive by 5.2% in the 2nd quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer’s stock valued at $524,629,000 after acquiring an additional 24,767 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Barclays lifted their target price on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the company an “equal weight” rating in a research report on Thursday, January 9th. Wells Fargo & Company upped their price target on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $1,150.00 to $1,450.00 in a report on Tuesday. Finally, Guggenheim increased their target price on shares of O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Buy” and a consensus price target of $1,295.94.
Insider Buying and Selling at O’Reilly Automotive
In related news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.
O’Reilly Automotive Stock Performance
O’Reilly Automotive stock opened at $1,254.00 on Friday. The stock has a 50-day simple moving average of $1,225.18 and a 200 day simple moving average of $1,168.42. The stock has a market capitalization of $72.39 billion, a P/E ratio of 31.02, a PEG ratio of 2.30 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,283.96.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last issued its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the prior year, the firm posted $10.72 earnings per share. The business’s revenue was up 3.8% compared to the same quarter last year. Research analysts forecast that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current year.
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.
Further Reading
- Five stocks we like better than O’Reilly Automotive
- Stock Market Sectors: What Are They and How Many Are There?
- Bloom Energy: Powering the Future With Decentralized Energy
- Are Penny Stocks a Good Fit for Your Portfolio?
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- What is the Dogs of the Dow Strategy? Overview and Examples
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.