O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Fortune Financial Advisors LLC

Fortune Financial Advisors LLC lifted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,447 shares of the specialty retailer’s stock after buying an additional 57 shares during the period. O’Reilly Automotive makes up 1.6% of Fortune Financial Advisors LLC’s holdings, making the stock its 18th largest position. Fortune Financial Advisors LLC’s holdings in O’Reilly Automotive were worth $2,325,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. West Family Investments Inc. raised its holdings in shares of O’Reilly Automotive by 2.1% in the 2nd quarter. West Family Investments Inc. now owns 533 shares of the specialty retailer’s stock worth $509,000 after buying an additional 11 shares in the last quarter. Caprock Group LLC raised its holdings in O’Reilly Automotive by 2.4% during the 3rd quarter. Caprock Group LLC now owns 475 shares of the specialty retailer’s stock worth $432,000 after purchasing an additional 11 shares during the last quarter. Western Pacific Wealth Management LP increased its stake in shares of O’Reilly Automotive by 11.6% in the 3rd quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer’s stock valued at $96,000 after acquiring an additional 11 shares during the last quarter. Sunbelt Securities Inc. increased its stake in shares of O’Reilly Automotive by 2.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock valued at $418,000 after acquiring an additional 11 shares during the last quarter. Finally, Atlas Brown Inc. increased its stake in O’Reilly Automotive by 2.8% during the 4th quarter. Atlas Brown Inc. now owns 400 shares of the specialty retailer’s stock worth $380,000 after purchasing an additional 11 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock traded down $10.32 during midday trading on Monday, reaching $1,107.24. The company had a trading volume of 246,881 shares, compared to its average volume of 372,189. The firm has a market cap of $65.36 billion, a PE ratio of 29.04, a P/E/G ratio of 2.03 and a beta of 0.86. The stock has a fifty day moving average price of $1,084.05 and a 200 day moving average price of $998.68. O’Reilly Automotive, Inc. has a fifty-two week low of $859.79 and a fifty-two week high of $1,169.11.

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

Insider Activity

In other news, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the completion of the sale, the chairman now owns 216,539 shares in the company, valued at $228,141,159.62. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, SVP Christopher Andrew Mancini sold 1,500 shares of the company’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman David E. Oreilly sold 10,000 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares of the company’s stock, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. Insiders sold a total of 27,468 shares of company stock worth $28,769,333 over the last quarter. 1.18% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Wedbush increased their price objective on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. Wells Fargo & Company raised their price target on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Monday, March 25th. Mizuho assumed coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target on the stock. Barclays raised their price target on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 4th. Finally, The Goldman Sachs Group raised their price objective on 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. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,090.76.

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.