Waycross Partners LLC lowered its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 29.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,000 shares of the specialty retailer's stock after selling 855 shares during the quarter. Waycross Partners LLC's holdings in O'Reilly Automotive were worth $1,900,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Fortune Financial Advisors LLC lifted its stake in O'Reilly Automotive by 2.4% in the fourth quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer's stock valued at $2,325,000 after buying an additional 57 shares in the last quarter. SignalPoint Asset Management LLC lifted its stake in O'Reilly Automotive by 3.3% in the fourth quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer's stock valued at $48,567,000 after buying an additional 1,642 shares in the last quarter. Duality Advisers LP bought a new position in O'Reilly Automotive in the fourth quarter valued at approximately $924,000. NewEdge Wealth LLC lifted its stake in O'Reilly Automotive by 13.6% in the fourth quarter. NewEdge Wealth LLC now owns 34,217 shares of the specialty retailer's stock valued at $32,509,000 after buying an additional 4,101 shares in the last quarter. Finally, HB Wealth Management LLC lifted its stake in O'Reilly Automotive by 7.0% in the fourth quarter. HB Wealth Management LLC now owns 1,747 shares of the specialty retailer's stock valued at $1,660,000 after buying an additional 114 shares in the last quarter. Institutional investors own 85.00% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on ORLY. StockNews.com raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 25th. Royal Bank of Canada boosted their price objective on shares of O'Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an "outperform" rating in a research report on Friday, February 9th. The Goldman Sachs Group boosted their price objective on shares of O'Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a "buy" rating in a research report on Friday, February 9th. UBS Group boosted their price objective on shares of O'Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a "buy" rating in a research report on Wednesday, April 17th. Finally, Evercore ISI dropped their price target on shares of O'Reilly Automotive from $1,220.00 to $1,200.00 and set an "outperform" rating on the stock in a research report on Friday. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $1,110.07.
Check Out Our Latest Report on ORLY
O'Reilly Automotive Trading Down 2.3 %
Shares of NASDAQ:ORLY traded down $23.78 on Tuesday, hitting $1,013.26. The company had a trading volume of 528,626 shares, compared to its average volume of 373,741. O'Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The stock has a market cap of $59.81 billion, a price-to-earnings ratio of 25.72, a P/E/G ratio of 1.91 and a beta of 0.86. The stock has a 50 day moving average price of $1,096.47 and a 200 day moving average price of $1,018.34.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating the consensus estimate of $9.18 by $0.02. O'Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.99 billion. During the same period in the prior year, the company posted $8.28 earnings per share. O'Reilly Automotive's revenue was up 7.2% compared to the same quarter last year. Sell-side analysts anticipate that O'Reilly Automotive, Inc. will post 41.79 earnings per share for the current fiscal year.
Insider Activity at O'Reilly Automotive
In related news, Chairman David E. Oreilly sold 6,444 shares of the company's stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total value of $6,847,394.40. Following the transaction, the chairman now directly owns 205,095 shares in the company, valued at $217,933,947. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, SVP Jeffrey Alan Lauro sold 431 shares of the company's stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the completion of the sale, the senior vice president now owns 963 shares of the company's stock, valued at $1,000,200.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman David E. Oreilly sold 6,444 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the transaction, the chairman now directly owns 205,095 shares of the company's stock, valued at approximately $217,933,947. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,968 shares of company stock worth $27,269,333. Corporate insiders own 1.18% of the company's stock.
O'Reilly Automotive Profile
(
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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