O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Cambridge Trust Co.

Cambridge Trust Co. lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,304 shares of the specialty retailer’s stock after purchasing an additional 125 shares during the quarter. Cambridge Trust Co.’s holdings in O’Reilly Automotive were worth $17,390,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Cornerstone Planning Group LLC acquired a new stake in O’Reilly Automotive during the second quarter valued at $25,000. Steward Financial Group LLC grew its position in shares of O’Reilly Automotive by 141.7% during the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 17 shares during the period. Ancora Advisors LLC purchased a new position in shares of O’Reilly Automotive in the 4th quarter valued at about $30,000. Householder Group Estate & Retirement Specialist LLC purchased a new position in shares of O’Reilly Automotive in the 3rd quarter valued at about $34,000. Finally, Carmel Capital Partners LLC raised 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 worth $34,000 after purchasing an additional 35 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.7 %

O’Reilly Automotive stock traded up $7.78 during midday trading on Thursday, hitting $1,102.58. 154,491 shares of the stock were exchanged, compared to its average volume of 364,597. The stock’s 50-day simple moving average is $1,091.08 and its 200 day simple moving average is $1,007.49. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11. The stock has a market capitalization of $65.09 billion, a price-to-earnings ratio of 28.45, a PEG ratio of 1.98 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same quarter last year, the firm earned $8.37 EPS. The business’s revenue was up 5.1% compared to the same quarter last year. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 42.09 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of the stock in a transaction dated Tuesday, February 13th. The shares were 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 of the company’s stock, valued at $987,316. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of the company’s stock in a transaction 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 transaction, the director now directly owns 950 shares in the company, valued at $987,316. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 13th. The shares were 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 owns 2,335 shares in the company, valued at approximately $2,400,380. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,968 shares of company stock worth $27,269,333. Company insiders own 1.55% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the company. UBS Group raised their price objective on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday. Mizuho assumed 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. Barclays increased their price objective on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, The Goldman Sachs Group upped their price target on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Four investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average price target of $1,102.53.

O’Reilly Automotive 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.