O’Reilly Automotive, Inc. (NASDAQ:ORLY) Holdings Trimmed by Simmons Bank

Simmons Bank lessened its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 105,936 shares of the specialty retailer’s stock after selling 46 shares during the quarter. O’Reilly Automotive accounts for approximately 9.2% of Simmons Bank’s portfolio, making the stock its biggest position. Simmons Bank owned approximately 0.18% of O’Reilly Automotive worth $125,619,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in ORLY. AlphaMark Advisors LLC purchased a new position in O’Reilly Automotive in the fourth quarter valued at $30,000. Kestra Investment Management LLC acquired a new position in shares of O’Reilly Automotive during the 4th quarter worth about $32,000. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive during the 3rd quarter worth about $32,000. MidAtlantic Capital Management Inc. purchased a new position in shares of O’Reilly Automotive in the 3rd quarter valued at about $37,000. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $41,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ORLY has been the subject of a number of research analyst reports. Evercore ISI upped their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Barclays upped their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Royal Bank of Canada lifted their price target on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. DA Davidson boosted their price target on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Finally, BMO Capital Markets raised their price objective on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Trading Up 2.4 %

NASDAQ:ORLY opened at $1,346.58 on Wednesday. The stock’s 50 day simple moving average is $1,256.62 and its 200-day simple moving average is $1,205.97. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,350.27. The firm has a market cap of $77.74 billion, a P/E ratio of 33.12, a PEG ratio of 2.34 and a beta of 0.94.

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

Insider Buying and Selling

In related news, Director Maria Sastre sold 248 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total value of $326,410.16. Following the sale, the director now owns 971 shares in the company, valued at $1,278,001.07. This represents a 20.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Lawrence P. Oreilly sold 1,000 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $1,303.68, for a total transaction of $1,303,680.00. Following the transaction, the director now owns 135,377 shares of the company’s stock, valued at $176,488,287.36. This trade represents a 0.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,581 shares of company stock valued at $3,375,490 over the last ninety days. Corporate insiders own 1.55% of the company’s stock.

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.