Vestmark Advisory Solutions Inc. Purchases 424 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Vestmark Advisory Solutions Inc. lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 16.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,943 shares of the specialty retailer’s stock after purchasing an additional 424 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in O’Reilly Automotive were worth $2,687,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Carmel Capital Partners LLC grew its holdings in O’Reilly Automotive by 1,750.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 35 shares in the last quarter. Washington Trust Advisors Inc. increased its position in O’Reilly Automotive by 31.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock worth $52,000 after acquiring an additional 13 shares during the period. Financial Management Professionals Inc. raised its stake in O’Reilly Automotive by 29.5% in the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 13 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in O’Reilly Automotive by 57.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 63 shares of the specialty retailer’s stock valued at $57,000 after purchasing an additional 23 shares during the period. Finally, First Financial Corp IN boosted its holdings in O’Reilly Automotive by 38.6% in the 4th quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock valued at $58,000 after purchasing an additional 17 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Evercore ISI dropped their price target on shares of O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating for the company in a research report on Friday, April 26th. Mizuho began coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price on the stock. StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday. Royal Bank of Canada increased their price objective on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Finally, UBS Group raised their target price on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, April 17th. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,110.07.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY traded up $6.72 during mid-day trading on Friday, hitting $1,012.95. 417,973 shares of the stock traded hands, compared to its average volume of 381,716. The company has a market cap of $59.79 billion, a PE ratio of 25.71, a price-to-earnings-growth ratio of 1.91 and a beta of 0.90. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11. The firm has a 50 day simple moving average of $1,093.90 and a two-hundred day simple moving average of $1,018.63.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. The firm had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the firm posted $8.28 earnings per share. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 41.92 earnings per share for the current fiscal year.

Insider Buying and Selling

In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares in the company, valued at approximately $5,884,566.82. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, EVP Doug D. Bragg sold 1,218 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the sale, the executive vice president now owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the transaction, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at $2,400,380. The disclosure for this sale can be found here. Insiders have sold a total of 25,968 shares of company stock worth $27,269,333 in the last ninety days. Company insiders own 1.55% 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.