Empowered Funds LLC Has $6.25 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Empowered Funds LLC increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 17.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,274 shares of the specialty retailer’s stock after purchasing an additional 774 shares during the period. Empowered Funds LLC’s holdings in O’Reilly Automotive were worth $6,254,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Accelerate Investment Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 3rd quarter worth about $206,000. Grove Bank & Trust grew its stake in O’Reilly Automotive by 25.3% during the third quarter. Grove Bank & Trust now owns 114 shares of the specialty retailer’s stock worth $131,000 after buying an additional 23 shares during the last quarter. Creative Planning increased its holdings in shares of O’Reilly Automotive by 4.4% during the third quarter. Creative Planning now owns 21,352 shares of the specialty retailer’s stock worth $24,589,000 after buying an additional 899 shares in the last quarter. NBC Securities Inc. raised its stake in shares of O’Reilly Automotive by 1.5% in the third quarter. NBC Securities Inc. now owns 1,508 shares of the specialty retailer’s stock valued at $1,736,000 after acquiring an additional 22 shares during the last quarter. Finally, Asset Dedication LLC boosted its holdings in shares of O’Reilly Automotive by 6.2% in the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after acquiring an additional 9 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on ORLY. Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. TD Cowen upped their target price on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Trading Down 0.5 %

NASDAQ ORLY opened at $1,310.02 on Tuesday. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27. The stock has a 50-day simple moving average of $1,242.12 and a 200 day simple moving average of $1,189.28. The company has a market capitalization of $75.63 billion, a PE ratio of 32.22, a P/E/G ratio of 2.50 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 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, sell-side analysts predict that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the sale, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the transaction, the director now owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

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.