Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Grows Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,563 shares of the specialty retailer’s stock after purchasing an additional 279 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in O’Reilly Automotive were worth $53,775,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Groesbeck Investment Management Corp NJ raised its stake in shares of O’Reilly Automotive by 0.7% during the fourth quarter. Groesbeck Investment Management Corp NJ now owns 1,375 shares of the specialty retailer’s stock valued at $1,306,000 after acquiring an additional 10 shares during the last quarter. Lindbrook Capital LLC raised its stake in O’Reilly Automotive by 3.9% in the fourth quarter. Lindbrook Capital LLC now owns 264 shares of the specialty retailer’s stock worth $251,000 after buying an additional 10 shares in the last quarter. Caprock Group LLC raised its stake in O’Reilly Automotive by 2.4% in the third quarter. Caprock Group LLC now owns 475 shares of the specialty retailer’s stock worth $432,000 after buying an additional 11 shares in the last quarter. Western Pacific Wealth Management LP raised its stake in O’Reilly Automotive by 11.6% in the third quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer’s stock worth $96,000 after buying an additional 11 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its stake in O’Reilly Automotive by 2.4% in the third quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock worth $418,000 after buying an additional 11 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY traded up $0.52 during trading on Monday, reaching $1,091.46. 340,953 shares of the stock traded hands, compared to its average volume of 365,535. The stock has a 50-day moving average of $1,095.28 and a two-hundred day moving average of $1,012.45. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11. The stock has a market cap of $64.43 billion, a P/E ratio of 28.36, a price-to-earnings-growth ratio of 1.98 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The company had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.86 billion. During the same quarter last year, the company posted $8.37 earnings per share. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. Sell-side analysts expect that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Jeffrey Alan Lauro sold 431 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total value of $447,649.53. Following the sale, the senior vice president now owns 963 shares in the company, valued at $1,000,200.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total value of $447,649.53. Following the transaction, the senior vice president now directly owns 963 shares in the company, valued at $1,000,200.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Raymond Murphy sold 269 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the completion of the transaction, the director now owns 950 shares in the company, valued at $987,316. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,968 shares of company stock worth $27,269,333. 1.18% of the stock is owned by insiders.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of research reports. Mizuho initiated coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target for the company. Evercore ISI decreased their target price on shares of O’Reilly Automotive from $1,240.00 to $1,220.00 and set an “outperform” rating for the company in a research note on Tuesday, April 16th. 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 research note on Wednesday, April 17th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Tuesday, April 16th. Finally, Wedbush raised their target price on shares of O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,115.19.

About O’Reilly Automotive

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.