Janney Montgomery Scott LLC Grows Stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Janney Montgomery Scott LLC grew its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 38.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,932 shares of the specialty retailer's stock after acquiring an additional 5,556 shares during the period. Janney Montgomery Scott LLC's holdings in O'Reilly Automotive were worth $18,937,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. International Assets Investment Management LLC increased its holdings in O'Reilly Automotive by 89,319.3% in the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer's stock worth $621,025,000 after purchasing an additional 652,924 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in shares of O'Reilly Automotive during the 3rd quarter valued at $198,365,000. Assenagon Asset Management S.A. lifted its position in shares of O'Reilly Automotive by 269.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer's stock valued at $205,965,000 after acquiring an additional 158,075 shares during the period. Loomis Sayles & Co. L P boosted its stake in O'Reilly Automotive by 360,914.3% during the third quarter. Loomis Sayles & Co. L P now owns 151,626 shares of the specialty retailer's stock worth $137,807,000 after acquiring an additional 151,584 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in O'Reilly Automotive by 47.4% in the third quarter. Envestnet Asset Management Inc. now owns 213,648 shares of the specialty retailer's stock worth $194,176,000 after purchasing an additional 68,728 shares during the period. 85.00% of the stock is owned by institutional investors.

Insider Buying and Selling at O'Reilly Automotive

In related news, Chairman David E. Oreilly sold 10,000 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares in the company, valued at $228,141,159.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Chairman David E. Oreilly sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now directly owns 216,539 shares of the company's stock, valued at $228,141,159.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brad W. Beckham sold 6,032 shares of the business's stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the transaction, the chief executive officer now directly owns 716 shares of the company's stock, valued at approximately $726,740. The disclosure for this sale can be found here. Insiders sold a total of 26,300 shares of company stock valued at $27,524,597 in the last three months. Company insiders own 1.18% of the company's stock.

O'Reilly Automotive Trading Down 0.4 %

Shares of NASDAQ:ORLY traded down $4.40 during mid-day trading on Thursday, reaching $1,005.98. The company had a trading volume of 310,363 shares, compared to its average volume of 376,794. O'Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The company's 50-day moving average price is $1,083.66 and its 200-day moving average price is $1,025.64. The firm has a market cap of $59.24 billion, a price-to-earnings ratio of 25.64, a PEG ratio of 1.91 and a beta of 0.90.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. O'Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $8.28 earnings per share. On average, research analysts anticipate that O'Reilly Automotive, Inc. will post 41.93 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ORLY shares. 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. Mizuho assumed coverage on O'Reilly Automotive in a research note on Tuesday, March 19th. They issued a "buy" rating and a $1,225.00 price objective for the company. The Goldman Sachs Group upped their target price on 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 lifted their price target on shares of O'Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a "buy" rating in a research report on Wednesday, April 17th. Finally, Evercore ISI lifted their price objective on shares of O'Reilly Automotive from $1,255.00 to $1,275.00 and gave the company an "outperform" rating in a report on Tuesday. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,123.64.

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.