Zurcher Kantonalbank Zurich Cantonalbank Buys 404 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,713 shares of the specialty retailer’s stock after purchasing an additional 404 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in O’Reilly Automotive were worth $13,889,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. AlphaMark Advisors LLC bought a new stake in O’Reilly Automotive in the 4th quarter valued at about $30,000. Kestra Investment Management LLC bought a new stake in O’Reilly Automotive in the 4th quarter valued at about $32,000. Darwin Wealth Management LLC bought a new stake in O’Reilly Automotive in the 3rd quarter valued at about $32,000. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive in the 3rd quarter valued at approximately $37,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of O’Reilly Automotive in the 4th quarter valued at approximately $46,000. Institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ORLY. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. Wedbush boosted their target price on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. Mizuho boosted their target price on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. UBS Group boosted their target price on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, BMO Capital Markets boosted their target price on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research report on Monday, February 10th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, O’Reilly Automotive presently has an average rating of “Buy” and an average target price of $1,390.81.

Insider Activity

In other news, EVP Jason Lee Tarrant sold 1,992 shares of the company’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total value of $2,667,487.20. Following the sale, the executive vice president now directly owns 1,398 shares of the company’s stock, valued at approximately $1,872,061.80. This represents a 58.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 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 in the company, valued at approximately $14,988,764.55. This represents a 21.24 % decrease in their ownership of the stock. 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. 1.18% of the stock is currently owned by insiders.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $1,309.29 on Thursday. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,389.05. The firm has a 50 day moving average price of $1,286.52 and a two-hundred day moving average price of $1,222.22. The stock has a market cap of $74.99 billion, a P/E ratio of 32.20, a price-to-earnings-growth ratio of 2.34 and a beta of 0.91.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating 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%. Analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal 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.