National Bank of Canada FI Increases Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

National Bank of Canada FI grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 87.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 78,879 shares of the specialty retailer’s stock after acquiring an additional 36,835 shares during the period. National Bank of Canada FI’s holdings in O’Reilly Automotive were worth $74,539,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Fortune Financial Advisors LLC lifted its stake in shares of O’Reilly Automotive by 2.4% in the fourth quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock worth $2,325,000 after buying an additional 57 shares in the last quarter. SignalPoint Asset Management LLC boosted its stake in O’Reilly Automotive by 3.3% during the 4th quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock valued at $48,567,000 after purchasing an additional 1,642 shares during the last quarter. Duality Advisers LP bought a new stake in shares of O’Reilly Automotive in the 4th quarter worth $924,000. NewEdge Wealth LLC raised its stake in shares of O’Reilly Automotive by 13.6% in the fourth quarter. NewEdge Wealth LLC now owns 34,217 shares of the specialty retailer’s stock worth $32,509,000 after purchasing an additional 4,101 shares during the last quarter. Finally, HB Wealth Management LLC lifted its holdings in shares of O’Reilly Automotive by 7.0% during the fourth quarter. HB Wealth Management LLC now owns 1,747 shares of the specialty retailer’s stock valued at $1,660,000 after purchasing an additional 114 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ORLY has been the subject of a number of recent analyst reports. Wedbush reissued a “neutral” rating and issued a $1,100.00 target price on shares of O’Reilly Automotive in a research report on Thursday, April 25th. Royal Bank of Canada raised their target price on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a report on Friday, February 9th. The Goldman Sachs Group boosted their target price on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research note on Friday, February 9th. Evercore ISI dropped their price target on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research note on Friday, April 26th. Finally, Mizuho started coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price objective for the company. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,110.07.

Insider Transactions at O’Reilly Automotive

In related news, SVP Jeffrey Alan Lauro sold 431 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The stock was 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 of the company’s stock, valued at approximately $1,000,200.69. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, SVP Jeffrey Alan Lauro sold 431 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the sale, the senior vice president now directly owns 963 shares of the company’s stock, valued at approximately $1,000,200.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the transaction, the chairman now directly owns 216,539 shares in the company, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. Insiders sold a total of 25,968 shares of company stock valued at $27,269,333 over the last 90 days. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Up 0.7 %

NASDAQ ORLY traded up $6.72 on Friday, reaching $1,012.95. 417,973 shares of the stock were exchanged, compared to its average volume of 381,716. The firm has a market capitalization of $59.79 billion, a PE ratio of 25.71, a PEG ratio of 1.91 and a beta of 0.90. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The company’s 50-day simple moving average is $1,093.90 and its two-hundred day simple moving average is $1,019.76.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The company had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. During the same quarter in the previous year, the company earned $8.28 EPS. O’Reilly Automotive’s revenue for the quarter was up 7.2% on a year-over-year basis. Sell-side analysts forecast that O’Reilly Automotive, Inc. will post 41.92 earnings per share 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.