EverSource Wealth Advisors LLC Increases Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

EverSource Wealth Advisors LLC boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 8.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 438 shares of the specialty retailer’s stock after buying an additional 35 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $416,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank bought a new stake in O’Reilly Automotive in the fourth quarter worth about $671,384,000. International Assets Investment Management LLC boosted its holdings 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 valued at $621,025,000 after acquiring an additional 652,924 shares during the period. Vaughan Nelson Investment Management L.P. bought a new position in O’Reilly Automotive in the 3rd quarter valued at $198,365,000. Assenagon Asset Management S.A. increased its stake in O’Reilly Automotive by 269.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer’s stock worth $205,965,000 after purchasing an additional 158,075 shares during the period. Finally, Loomis Sayles & Co. L P boosted its stake in shares of O’Reilly Automotive by 360,914.3% during 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 purchasing an additional 151,584 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insiders Place Their Bets

In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the completion of the sale, the executive vice president now directly owns 5,533 shares in the company, valued at approximately $5,884,566.82. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, Chairman David E. Oreilly sold 6,444 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total value of $6,847,394.40. Following the completion of the sale, the chairman now directly owns 205,095 shares in the company, valued at $217,933,947. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,694 shares of company stock worth $14,265,266. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Down 0.5 %

O’Reilly Automotive stock traded down $4.91 during mid-day trading on Thursday, hitting $986.53. The company had a trading volume of 69,478 shares, compared to its average volume of 372,867. The company has a market capitalization of $58.10 billion, a price-to-earnings ratio of 25.16, a P/E/G ratio of 1.83 and a beta of 0.90. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The company’s fifty day moving average is $1,074.56 and its 200-day moving average is $1,027.69.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.99 billion. During the same period in the prior year, the firm posted $8.28 earnings per share. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. As a group, sell-side analysts expect that O’Reilly Automotive, Inc. will post 41.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ORLY has been the topic of several recent analyst reports. UBS Group raised their price target on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Mizuho started coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 target price for the company. The Goldman Sachs Group raised their price target 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. Royal Bank of Canada upped their price objective on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Finally, Evercore ISI raised their target price on shares of O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the company an “outperform” rating in a research report on Tuesday, May 14th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,123.64.

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.