O’Reilly Automotive, Inc. (NASDAQ:ORLY) Position Raised by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 16.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,943 shares of the specialty retailer’s stock after acquiring an additional 424 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in O’Reilly Automotive were worth $2,687,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its position in O’Reilly Automotive by 89,319.3% during the 4th quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock worth $621,025,000 after acquiring an additional 652,924 shares during the period. Vaughan Nelson Investment Management L.P. acquired a new position in shares of O’Reilly Automotive during the 3rd quarter valued at $198,365,000. Assenagon Asset Management S.A. raised its stake in shares of O’Reilly Automotive by 269.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer’s stock worth $205,965,000 after buying an additional 158,075 shares in the last quarter. Loomis Sayles & Co. L P lifted its holdings in shares of O’Reilly Automotive by 360,914.3% in the third quarter. Loomis Sayles & Co. L P now owns 151,626 shares of the specialty retailer’s stock valued at $137,807,000 after buying an additional 151,584 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in O’Reilly Automotive by 47.4% during the third quarter. Envestnet Asset Management Inc. now owns 213,648 shares of the specialty retailer’s stock valued at $194,176,000 after buying an additional 68,728 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY traded up $6.72 during mid-day trading on Friday, reaching $1,012.95. The company had a trading volume of 417,973 shares, compared to its average volume of 381,716. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11. The stock’s 50 day moving average is $1,093.90 and its 200-day moving average is $1,018.63. The stock has a market capitalization 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 (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the business earned $8.28 EPS. On average, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 41.92 EPS for the current year.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on ORLY shares. Mizuho began coverage on shares of O’Reilly Automotive in a report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target for the company. Wells Fargo & Company decreased their price target on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research report on Thursday, April 25th. Evercore ISI cut their price objective on 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. The Goldman Sachs Group lifted their target price on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Finally, UBS Group upped their target price on 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 equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,110.07.

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.