Brighton Jones LLC lowered its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 6.9% during the fourth quarter, Holdings Channel reports. The firm owned 567 shares of the specialty retailer’s stock after selling 42 shares during the period. Brighton Jones LLC’s holdings in O’Reilly Automotive were worth $672,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. Asset Dedication LLC raised its stake in O’Reilly Automotive by 6.2% during the third quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after buying an additional 9 shares during the last quarter. Marks Group Wealth Management Inc lifted its stake in shares of O’Reilly Automotive by 1.5% in the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after purchasing an additional 9 shares during the period. Venturi Wealth Management LLC boosted its position in shares of O’Reilly Automotive by 8.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after purchasing an additional 9 shares in the last quarter. Metis Global Partners LLC grew its stake in O’Reilly Automotive by 0.5% during the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock worth $2,145,000 after purchasing an additional 9 shares during the period. Finally, L.M. Kohn & Company increased its holdings in O’Reilly Automotive by 1.4% in the third quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock worth $753,000 after purchasing an additional 9 shares in the last quarter. 85.00% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on ORLY shares. Wedbush restated a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a report on Thursday, October 24th. Royal Bank of Canada increased their target price on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. BMO Capital Markets started coverage on shares of O’Reilly Automotive in a research note on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price objective on the stock. DA Davidson reissued a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, TD Cowen raised their price target on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, O’Reilly Automotive currently has an average rating of “Buy” and an average target price of $1,295.94.
O’Reilly Automotive Stock Down 0.6 %
Shares of NASDAQ:ORLY opened at $1,254.00 on Friday. The firm has a market capitalization of $72.39 billion, a PE ratio of 31.02, a P/E/G ratio of 2.30 and a beta of 0.94. The company has a 50-day moving average price of $1,225.18 and a two-hundred day moving average price of $1,168.42. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,283.96.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same period last year, the business posted $10.72 earnings per share. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. Analysts anticipate that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current fiscal year.
Insider Buying and Selling at O’Reilly Automotive
In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction dated 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 of the company’s stock, valued at $6,201.95. The trade was a 99.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction dated Friday, November 22nd. The stock was 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 in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their ownership of the stock. 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.
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