NCP Inc. acquired a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 50 shares of the specialty retailer’s stock, valued at approximately $59,000.
Several other hedge funds and other institutional investors have also bought and sold shares of ORLY. Assetmark Inc. lifted its holdings in shares of O’Reilly Automotive by 20.8% during the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after purchasing an additional 3,193 shares in the last quarter. Annex Advisory Services LLC lifted its stake in O’Reilly Automotive by 23.2% in the fourth quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock valued at $40,349,000 after buying an additional 6,418 shares in the last quarter. CIBC Asset Management Inc lifted its position in O’Reilly Automotive by 4.7% in the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock valued at $22,568,000 after acquiring an additional 882 shares in the last quarter. Montecito Bank & Trust bought a new stake in O’Reilly Automotive in the 4th quarter valued at $365,000. Finally, Nomura Asset Management Co. Ltd. lifted its position in O’Reilly Automotive by 6.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 27,907 shares of the specialty retailer’s stock valued at $32,138,000 after acquiring an additional 1,811 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.
Insider Activity
In other news, SVP Mark Joseph Merz sold 500 shares of O’Reilly Automotive stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the sale, the senior vice president now owns 275 shares of the company’s stock, valued at approximately $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 248 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the transaction, the director now owns 971 shares in the company, valued at $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,581 shares of company stock valued at $3,375,490. 1.55% of the stock is owned by insiders.
O’Reilly Automotive Price Performance
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. As a group, equities analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
ORLY has been the topic of several research reports. UBS Group boosted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research report on Friday, February 7th. DA Davidson boosted their target price on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Barclays boosted 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 note on Friday, February 7th. Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Finally, BMO Capital Markets boosted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,390.81.
View Our Latest Stock Analysis on O’Reilly Automotive
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.
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