Kendall Capital Management Sells 80 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Kendall Capital Management decreased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,713 shares of the specialty retailer’s stock after selling 80 shares during the period. Kendall Capital Management’s holdings in O’Reilly Automotive were worth $2,031,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. AlphaMark Advisors LLC acquired a new position in shares of O’Reilly Automotive during the 4th quarter worth approximately $30,000. Darwin Wealth Management LLC acquired a new position in O’Reilly Automotive in the third quarter valued at about $32,000. Kestra Investment Management LLC acquired a new position in O’Reilly Automotive in the fourth quarter valued at about $32,000. MidAtlantic Capital Management Inc. acquired a new position in O’Reilly Automotive during the third quarter worth about $37,000. Finally, Retirement Wealth Solutions LLC acquired a new position in O’Reilly Automotive during the fourth quarter worth about $46,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.9 %

NASDAQ:ORLY opened at $1,319.01 on Friday. The business’s 50-day moving average price is $1,277.95 and its two-hundred day moving average price is $1,218.04. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,389.05. The stock has a market cap of $75.54 billion, a P/E ratio of 32.44, a PEG ratio of 2.34 and a beta of 0.91.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate 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%. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Royal Bank of Canada upped their target price on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a report on Friday, February 7th. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Thursday. Barclays raised their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Finally, Guggenheim increased their price target on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $1,390.81.

Insider Activity at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 833 shares of the firm’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 directly owns 760 shares of the company’s stock, valued at approximately $988,000. This trade represents a 52.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Gregory L. Henslee sold 3,073 shares of the firm’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the transaction, 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. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive 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.