O’Reilly Automotive, Inc. (NASDAQ:ORLY) Position Increased by FFT Wealth Management LLC

FFT Wealth Management LLC boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 319 shares of the specialty retailer’s stock after buying an additional 10 shares during the quarter. FFT Wealth Management LLC’s holdings in O’Reilly Automotive were worth $378,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of ORLY. AlphaMark Advisors LLC purchased a new stake in shares of O’Reilly Automotive during the fourth quarter valued at $30,000. Darwin Wealth Management LLC acquired a new stake in O’Reilly Automotive during the 3rd quarter worth about $32,000. Kestra Investment Management LLC acquired a new stake in O’Reilly Automotive during the 4th quarter worth about $32,000. MidAtlantic Capital Management Inc. purchased a new stake in O’Reilly Automotive during the third quarter valued at about $37,000. Finally, Princeton Global Asset Management LLC acquired a new position in shares of O’Reilly Automotive in the third quarter worth about $41,000. 85.00% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ORLY shares. Wedbush boosted 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. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. UBS Group increased their target price on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a report on Friday, February 7th. Evercore ISI lifted their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Finally, Mizuho increased their price objective on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Stock Up 2.4 %

NASDAQ ORLY opened at $1,346.58 on Wednesday. The stock has a market capitalization of $77.74 billion, a PE ratio of 33.12, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,350.27. The company has a 50 day moving average price of $1,256.62 and a two-hundred day moving average price of $1,205.97.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating analysts’ consensus estimates 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%. As a group, equities analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 500 shares of the firm’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 value of $662,500.00. Following the transaction, the senior vice president now directly owns 275 shares of the company’s stock, valued at approximately $364,375. This trade represents a 64.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Brad W. Beckham sold 833 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total value of $1,082,900.00. Following the sale, the chief executive officer now directly owns 760 shares of the company’s stock, valued at $988,000. The trade was a 52.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,581 shares of company stock worth $3,375,490 over the last three months. Corporate insiders own 1.55% of the company’s stock.

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.