26,703 Shares in O’Reilly Automotive, Inc. $ORLY Bought by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 26,703 shares of the specialty retailer’s stock, valued at approximately $2,879,000.

A number of other large investors have also recently added to or reduced their stakes in ORLY. Coastline Trust Co lifted its holdings in shares of O’Reilly Automotive by 4.0% in the third quarter. Coastline Trust Co now owns 2,622 shares of the specialty retailer’s stock valued at $283,000 after purchasing an additional 102 shares in the last quarter. IAM Advisory LLC raised its position in O’Reilly Automotive by 1.6% in the 3rd quarter. IAM Advisory LLC now owns 7,312 shares of the specialty retailer’s stock valued at $788,000 after buying an additional 114 shares during the last quarter. Abound Wealth Management lifted its stake in O’Reilly Automotive by 9.6% in the 3rd quarter. Abound Wealth Management now owns 1,375 shares of the specialty retailer’s stock valued at $148,000 after acquiring an additional 121 shares in the last quarter. EWA LLC boosted its position in O’Reilly Automotive by 5.1% during the 3rd quarter. EWA LLC now owns 2,559 shares of the specialty retailer’s stock worth $276,000 after acquiring an additional 124 shares during the last quarter. Finally, Optas LLC grew its stake in shares of O’Reilly Automotive by 3.6% during the 3rd quarter. Optas LLC now owns 3,735 shares of the specialty retailer’s stock worth $403,000 after acquiring an additional 129 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 0.4%

NASDAQ:ORLY opened at $100.62 on Wednesday. O’Reilly Automotive, Inc. has a 12-month low of $84.29 and a 12-month high of $108.71. The firm has a market capitalization of $84.93 billion, a price-to-earnings ratio of 34.86, a P/E/G ratio of 2.13 and a beta of 0.63. The stock’s 50 day moving average price is $95.48 and its two-hundred day moving average price is $98.95.

Wall Street Analysts Forecast Growth

ORLY has been the topic of a number of research reports. UBS Group reissued a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Robert W. Baird upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. Royal Bank Of Canada set a $110.00 price objective on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Friday, October 24th. Evercore ISI set a $110.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a report on Tuesday, December 16th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $111.80.

Insider Buying and Selling

In related news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total value of $289,375.00. Following the sale, the director owned 8,125 shares in the company, valued at approximately $752,375. This represents a 27.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the sale, the senior vice president directly owned 4,792 shares of the company’s stock, valued at $485,190. This represents a 42.21% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 8,980 shares of company stock valued at $882,335. 1.01% of the stock is owned by insiders.

O’Reilly Automotive Company Profile

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.