Capital Investment Counsel LLC raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1.1% during the 4th quarter, Holdings Channel reports. The firm owned 4,854 shares of the specialty retailer’s stock after purchasing an additional 53 shares during the quarter. Capital Investment Counsel LLC’s holdings in O’Reilly Automotive were worth $5,756,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of ORLY. Wellington Management Group LLP boosted its stake in shares of O’Reilly Automotive by 73.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after purchasing an additional 728,040 shares during the last quarter. Geode Capital Management LLC raised its holdings in O’Reilly Automotive by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock valued at $1,700,513,000 after acquiring an additional 24,135 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of O’Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after purchasing an additional 853,633 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of O’Reilly Automotive by 28.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock worth $692,816,000 after purchasing an additional 133,139 shares during the last quarter. Finally, Mizuho Securities USA LLC grew its position in shares of O’Reilly Automotive by 10,626.8% in the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after purchasing an additional 482,670 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on ORLY. Royal Bank of Canada lifted their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Roth Mkm reissued a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Finally, Guggenheim upped their price objective on O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $1,301.82.
Insider Activity at O’Reilly Automotive
In related news, Director Andrea Weiss sold 600 shares of the 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 sale, the director now directly owns 700 shares of the company’s stock, valued at $856,849. This represents a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.55% of the company’s stock.
O’Reilly Automotive Stock Down 0.3 %
Shares of NASDAQ ORLY opened at $1,278.34 on Wednesday. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,289.93. The firm’s 50-day simple moving average is $1,226.50 and its 200 day simple moving average is $1,172.24. The stock has a market cap of $73.80 billion, a P/E ratio of 31.63, a P/E/G ratio of 2.30 and a beta of 0.94.
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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