O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stake Raised by Waverton Investment Management Ltd

Waverton Investment Management Ltd boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 11.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 40,288 shares of the specialty retailer’s stock after acquiring an additional 3,990 shares during the quarter. Waverton Investment Management Ltd owned 0.07% of O’Reilly Automotive worth $47,778,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of ORLY. Foundations Investment Advisors LLC purchased a new position in O’Reilly Automotive during the third quarter valued at approximately $205,000. Private Advisor Group LLC grew its holdings in shares of O’Reilly Automotive by 9.9% during the 3rd quarter. Private Advisor Group LLC now owns 2,660 shares of the specialty retailer’s stock valued at $3,063,000 after acquiring an additional 239 shares in the last quarter. Allworth Financial LP increased its stake in shares of O’Reilly Automotive by 23.9% in the third quarter. Allworth Financial LP now owns 566 shares of the specialty retailer’s stock worth $652,000 after acquiring an additional 109 shares during the last quarter. Forsta AP Fonden increased its stake in shares of O’Reilly Automotive by 11.1% in the third quarter. Forsta AP Fonden now owns 12,000 shares of the specialty retailer’s stock worth $13,819,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of O’Reilly Automotive by 51.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 22,120 shares of the specialty retailer’s stock worth $25,474,000 after acquiring an additional 7,482 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,303.41 on Monday. The stock’s 50-day moving average is $1,253.69 and its 200-day moving average is $1,203.04. The company has a market cap of $75.25 billion, a P/E ratio of 32.06, a P/E/G ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 248 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the sale, the director now directly owns 971 shares of the company’s stock, valued at $1,278,001.07. This represents a 20.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Brad W. Beckham sold 833 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the transaction, the chief executive officer now owns 760 shares in the company, valued at approximately $988,000. The trade was a 52.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,581 shares of company stock worth $2,071,810. Insiders own 1.55% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Wells Fargo & Company boosted their target price on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. DA Davidson increased their price objective on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a report on Friday, February 7th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Barclays boosted their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research report on Friday, February 7th. Finally, Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $1,390.81.

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.