Sfmg LLC Makes New Investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Sfmg LLC purchased a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 234 shares of the specialty retailer’s stock, valued at approximately $222,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ORLY. Wealth Alliance lifted its holdings in shares of O’Reilly Automotive by 26.1% in the 4th quarter. Wealth Alliance now owns 358 shares of the specialty retailer’s stock worth $340,000 after purchasing an additional 74 shares in the last quarter. SVB Wealth LLC lifted its holdings in shares of O’Reilly Automotive by 12.4% in the 4th quarter. SVB Wealth LLC now owns 1,813 shares of the specialty retailer’s stock worth $1,722,000 after purchasing an additional 200 shares in the last quarter. Eads & Heald Wealth Management lifted its holdings in shares of O’Reilly Automotive by 1.4% in the 4th quarter. Eads & Heald Wealth Management now owns 2,433 shares of the specialty retailer’s stock worth $2,312,000 after purchasing an additional 33 shares in the last quarter. VELA Investment Management LLC lifted its holdings in shares of O’Reilly Automotive by 1.8% in the 4th quarter. VELA Investment Management LLC now owns 2,599 shares of the specialty retailer’s stock worth $2,469,000 after purchasing an additional 45 shares in the last quarter. Finally, Donaldson Capital Management LLC lifted its holdings in shares of O’Reilly Automotive by 9.3% in the 4th quarter. Donaldson Capital Management LLC now owns 5,814 shares of the specialty retailer’s stock worth $5,524,000 after purchasing an additional 495 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $1,094.80 on Thursday. The firm has a market cap of $64.63 billion, a P/E ratio of 28.45, a P/E/G ratio of 1.98 and a beta of 0.86. The stock has a 50 day simple moving average of $1,091.08 and a two-hundred day simple moving average of $1,007.49. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ORLY shares. Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Monday, March 25th. Barclays lifted their price objective on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a report on Thursday, January 4th. Evercore ISI decreased their price target on O’Reilly Automotive from $1,240.00 to $1,220.00 and set an “outperform” rating on the stock in a research report on Tuesday. Mizuho initiated coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target on the stock. Finally, UBS Group upped their price target on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and an average price target of $1,102.53.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total value of $279,566.32. Following the completion of the sale, the director now owns 950 shares in the company, valued at $987,316. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director John Raymond Murphy sold 269 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director now owns 950 shares in the company, valued at $987,316. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer now owns 2,335 shares of the company’s stock, valued at approximately $2,400,380. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,968 shares of company stock worth $27,269,333. 1.55% of the stock is currently owned by insiders.

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.