Charles Schwab Investment Management Inc. Raises Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Charles Schwab Investment Management Inc. raised its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 377,478 shares of the specialty retailer’s stock after purchasing an additional 12,354 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in O’Reilly Automotive were worth $447,613,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. National Pension Service raised its stake in shares of O’Reilly Automotive by 9.3% in the 3rd quarter. National Pension Service now owns 125,900 shares of the specialty retailer’s stock valued at $144,986,000 after purchasing an additional 10,698 shares in the last quarter. QRG Capital Management Inc. grew its stake in O’Reilly Automotive by 0.7% in the third quarter. QRG Capital Management Inc. now owns 3,403 shares of the specialty retailer’s stock worth $3,919,000 after purchasing an additional 24 shares in the last quarter. Moloney Securities Asset Management LLC increased its holdings in O’Reilly Automotive by 32.1% in the third quarter. Moloney Securities Asset Management LLC now owns 774 shares of the specialty retailer’s stock valued at $891,000 after buying an additional 188 shares during the last quarter. United Advisor Group LLC raised its stake in O’Reilly Automotive by 54.0% during the third quarter. United Advisor Group LLC now owns 311 shares of the specialty retailer’s stock valued at $358,000 after buying an additional 109 shares in the last quarter. Finally, Marks Group Wealth Management Inc lifted its holdings in O’Reilly Automotive by 1.5% during the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock worth $697,000 after buying an additional 9 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $1,356.77 on Wednesday. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,389.05. The stock’s fifty day moving average is $1,270.67 and its 200-day moving average is $1,214.35. The firm has a market capitalization of $78.33 billion, a price-to-earnings ratio of 33.37, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 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%. Analysts forecast that O’Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ORLY. BMO Capital Markets boosted their price target on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a report on Monday, February 10th. UBS Group increased their target price on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Wedbush lifted 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. Royal Bank of Canada increased their price objective 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. Finally, Guggenheim lifted their target price on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Three analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $1,390.81.

Insider Activity at O’Reilly Automotive

In other news, Chairman Gregory L. Henslee sold 3,073 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the transaction, the chairman now owns 11,397 shares of the company’s stock, valued at $14,988,764.55. The trade was a 21.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the sale, the senior vice president now owns 275 shares in the company, valued at $364,375. The trade was a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,894 shares of company stock worth $10,409,618 over the last quarter. 1.55% of the stock is currently owned by company insiders.

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.