Bank Pictet & Cie Europe AG Increases Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Bank Pictet & Cie Europe AG increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,291 shares of the specialty retailer’s stock after purchasing an additional 1,208 shares during the period. Bank Pictet & Cie Europe AG owned approximately 0.06% of O’Reilly Automotive worth $41,848,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. AlphaMark Advisors LLC purchased a new stake in shares of O’Reilly Automotive in the 4th quarter valued at $30,000. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at $32,000. Trifecta Capital Advisors LLC boosted its stake in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter valued at $37,000. Finally, Princeton Global Asset Management LLC bought a new stake in O’Reilly Automotive during the 3rd quarter valued at $41,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $6,201.95. This represents a 99.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction dated 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 sale, the director now directly owns 700 shares in the company, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,968 shares of company stock worth $2,492,394 in the last three months. 1.55% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Royal Bank of Canada upped their price target on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Guggenheim upped their price target on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a report on Friday, February 7th. Wells Fargo & Company upped their price target on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Finally, Wedbush upped their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $1,318.80 on Friday. The company has a 50-day moving average of $1,248.55 and a 200 day moving average of $1,194.23. The firm has a market cap of $76.13 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping 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%. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post 44.16 EPS for the current year.

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.