Saturna Capital Corp Buys 12 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Saturna Capital Corp increased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,803 shares of the specialty retailer’s stock after purchasing an additional 12 shares during the quarter. Saturna Capital Corp’s holdings in O’Reilly Automotive were worth $4,510,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ORLY. Mesirow Financial Investment Management Inc. raised its stake in shares of O’Reilly Automotive by 7.7% in the third quarter. Mesirow Financial Investment Management Inc. now owns 322 shares of the specialty retailer’s stock valued at $371,000 after acquiring an additional 23 shares during the period. Sigma Planning Corp grew its holdings in O’Reilly Automotive by 14.5% during the 3rd quarter. Sigma Planning Corp now owns 1,090 shares of the specialty retailer’s stock valued at $1,255,000 after purchasing an additional 138 shares during the last quarter. Catalytic Wealth RIA LLC purchased a new stake in O’Reilly Automotive in the 3rd quarter worth about $617,000. Venturi Wealth Management LLC lifted its stake in O’Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after purchasing an additional 9 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV bought a new position in shares of O’Reilly Automotive during the third quarter valued at approximately $228,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on ORLY shares. Barclays upped their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Wells Fargo & Company lifted their price objective on 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. Wedbush upped their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research note on Thursday, February 6th. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. Finally, Guggenheim reiterated a “buy” rating and set a $1,475.00 price objective on shares of O’Reilly Automotive in a research note on Monday. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $1,390.81.

O’Reilly Automotive Stock Performance

NASDAQ:ORLY opened at $1,324.06 on Wednesday. The firm’s fifty day moving average is $1,284.05 and its two-hundred day moving average is $1,221.60. The firm has a market cap of $75.83 billion, a price-to-earnings ratio of 32.56, a PEG ratio of 2.34 and a beta of 0.91. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,389.05.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Chairman Gregory L. Henslee sold 3,073 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the completion of the sale, the chairman now directly owns 11,397 shares in the company, valued at $14,988,764.55. The trade was a 21.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Brad W. Beckham sold 833 shares of O’Reilly Automotive stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the sale, the chief executive officer now directly owns 760 shares in the company, valued at $988,000. This represents a 52.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,894 shares of company stock worth $10,409,618. Company insiders own 1.18% 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.