O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by PICTET BANK & TRUST Ltd

PICTET BANK & TRUST Ltd lifted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 958 shares of the specialty retailer’s stock after buying an additional 38 shares during the period. O’Reilly Automotive makes up approximately 1.1% of PICTET BANK & TRUST Ltd’s investment portfolio, making the stock its 29th biggest holding. PICTET BANK & TRUST Ltd’s holdings in O’Reilly Automotive were worth $1,136,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Creative Planning lifted its position in O’Reilly Automotive by 4.4% during the 3rd quarter. Creative Planning now owns 21,352 shares of the specialty retailer’s stock worth $24,589,000 after acquiring an additional 899 shares during the period. Asset Dedication LLC raised its stake in shares of O’Reilly Automotive by 6.2% in the third quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after purchasing an additional 9 shares during the last quarter. Vontobel Holding Ltd. lifted its holdings in shares of O’Reilly Automotive by 22.0% during the third quarter. Vontobel Holding Ltd. now owns 899 shares of the specialty retailer’s stock worth $1,035,000 after purchasing an additional 162 shares during the period. Hengehold Capital Management LLC lifted its holdings in shares of O’Reilly Automotive by 15.5% during the third quarter. Hengehold Capital Management LLC now owns 268 shares of the specialty retailer’s stock worth $309,000 after purchasing an additional 36 shares during the period. Finally, Trifecta Capital Advisors LLC boosted its position in O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 23 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Mark Joseph Merz sold 500 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the completion of the sale, the senior vice president now directly owns 275 shares in the company, valued at $364,375. This represents a 64.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Maria Sastre sold 248 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the transaction, the director now owns 971 shares in the company, valued at $1,278,001.07. The trade was a 20.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,968 shares of company stock worth $2,492,394 over the last quarter. 1.55% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on ORLY. Mizuho raised their price target on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Wells Fargo & Company raised their target price on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. Evercore ISI upped their price target on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Wedbush boosted their price objective on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. Finally, Truist Financial raised their target price on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $1,318.80 on Friday. The firm has a fifty day moving average of $1,248.55 and a 200 day moving average of $1,194.23. The firm has a market cap of $76.13 billion, a PE ratio of 32.43, a PEG ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

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.