Connecticut Wealth Management LLC Grows Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Connecticut Wealth Management LLC boosted its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 304.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,758 shares of the specialty retailer's stock after acquiring an additional 1,323 shares during the period. Connecticut Wealth Management LLC's holdings in O'Reilly Automotive were worth $1,670,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Carmel Capital Partners LLC boosted its holdings in O'Reilly Automotive by 1,750.0% during the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer's stock worth $34,000 after buying an additional 35 shares during the last quarter. Washington Trust Advisors Inc. increased its stake in O'Reilly Automotive by 31.0% in the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer's stock valued at $52,000 after purchasing an additional 13 shares in the last quarter. Financial Management Professionals Inc. raised its holdings in O'Reilly Automotive by 29.5% in the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer's stock worth $54,000 after purchasing an additional 13 shares during the period. Venturi Wealth Management LLC raised its holdings in O'Reilly Automotive by 57.5% in the third quarter. Venturi Wealth Management LLC now owns 63 shares of the specialty retailer's stock worth $57,000 after purchasing an additional 23 shares during the period. Finally, First Financial Corp IN boosted its position in shares of O'Reilly Automotive by 38.6% during the fourth quarter. First Financial Corp IN now owns 61 shares of the specialty retailer's stock worth $58,000 after purchasing an additional 17 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Jeffrey Alan Lauro sold 431 shares of O'Reilly Automotive stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the completion of the transaction, the senior vice president now owns 963 shares in the company, valued at $1,000,200.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other O'Reilly Automotive news, SVP Jeffrey Alan Lauro sold 431 shares of the firm's stock in a transaction on Tuesday, February 13th. The stock was 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 approximately $1,000,200.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Raymond Murphy sold 269 shares of O'Reilly Automotive stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the transaction, the director now directly owns 950 shares of the company's stock, valued at $987,316. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,968 shares of company stock valued at $27,269,333. 1.55% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ORLY has been the topic of several research analyst reports. Mizuho assumed coverage on O'Reilly Automotive in a research note on Tuesday, March 19th. They set a "buy" rating and a $1,225.00 price objective on the stock. Wells Fargo & Company lowered their target price on O'Reilly Automotive from $1,300.00 to $1,200.00 and set an "overweight" rating for the company in a research note on Thursday, April 25th. StockNews.com lowered shares of O'Reilly Automotive from a "buy" rating to a "hold" rating in a research note on Friday. Wedbush reissued a "neutral" rating and set a $1,100.00 price objective on shares of O'Reilly Automotive in a research report on Thursday, April 25th. Finally, Royal Bank of Canada raised 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 report on Friday, February 9th. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat, O'Reilly Automotive currently has an average rating of "Moderate Buy" and an average price target of $1,110.07.

O'Reilly Automotive Price Performance

ORLY stock traded up $6.72 during mid-day trading on Friday, reaching $1,012.95. The company had a trading volume of 417,973 shares, compared to its average volume of 381,716. The company has a market capitalization of $59.79 billion, a price-to-earnings ratio of 25.71, a PEG ratio of 1.91 and a beta of 0.90. O'Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The stock has a 50 day simple moving average of $1,093.90 and a two-hundred day simple moving average of $1,019.76.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share 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 during the quarter, compared to analysts' expectations of $3.99 billion. During the same period last year, the business earned $8.28 earnings per share. The firm's revenue was up 7.2% on a year-over-year basis. On average, equities analysts predict that O'Reilly Automotive, Inc. will post 41.92 EPS 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.