O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Position Boosted by McBroom & Associates LLC

McBroom & Associates LLC grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,106 shares of the specialty retailer’s stock after acquiring an additional 143 shares during the period. O’Reilly Automotive comprises approximately 5.4% of McBroom & Associates LLC’s holdings, making the stock its 5th biggest holding. McBroom & Associates LLC’s holdings in O’Reilly Automotive were worth $9,612,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. AlphaMark Advisors LLC purchased a new position in shares of O’Reilly Automotive in the 4th quarter valued at $30,000. Darwin Wealth Management LLC purchased a new position in shares of O’Reilly Automotive in the 3rd quarter valued at $32,000. Trifecta Capital Advisors LLC raised 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 acquiring an additional 23 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in shares of O’Reilly Automotive in the 3rd quarter valued at $37,000. Finally, Princeton Global Asset Management LLC purchased a new position in shares of O’Reilly Automotive in the 3rd quarter valued at $41,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction that occurred on 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 transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction that occurred on 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 transaction, the director now directly owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by insiders.

Analyst Ratings Changes

ORLY has been the subject of a number of recent analyst reports. 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 report on Friday, October 25th. Wedbush raised 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. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Wells Fargo & Company raised 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. Finally, Mizuho raised their price target on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a report on Friday. Two 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 company presently has a consensus rating of “Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $1,310.02 on Tuesday. The firm’s 50 day simple moving average is $1,242.12 and its 200-day simple moving average is $1,189.28. The company has a market cap of $75.63 billion, a P/E ratio of 32.22, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share 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, analysts expect that O’Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

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.