Verde Capital Management Has $2.38 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Verde Capital Management grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 100.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,007 shares of the specialty retailer’s stock after buying an additional 1,005 shares during the period. O’Reilly Automotive makes up 0.7% of Verde Capital Management’s portfolio, making the stock its 26th largest position. Verde Capital Management’s holdings in O’Reilly Automotive were worth $2,380,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Handelsbanken Fonder AB increased its holdings in shares of O’Reilly Automotive by 2.5% in the third quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer’s stock worth $34,507,000 after acquiring an additional 727 shares in the last quarter. Assetmark Inc. increased its stake in O’Reilly Automotive by 20.8% during the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock worth $21,396,000 after purchasing an additional 3,193 shares in the last quarter. Annex Advisory Services LLC increased its stake in O’Reilly Automotive by 23.2% during the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock worth $40,349,000 after purchasing an additional 6,418 shares in the last quarter. Marshfield Associates raised its holdings in O’Reilly Automotive by 0.6% during the 2nd quarter. Marshfield Associates now owns 302,886 shares of the specialty retailer’s stock worth $319,866,000 after buying an additional 1,718 shares during the period. Finally, CIBC Asset Management Inc lifted its stake in O’Reilly Automotive by 4.7% in the third quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock valued at $22,568,000 after buying an additional 882 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 1.6 %

NASDAQ:ORLY opened at $1,261.62 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,283.96. The firm has a market capitalization of $72.83 billion, a price-to-earnings ratio of 31.21, a P/E/G ratio of 2.30 and a beta of 0.94. The stock’s 50 day moving average price is $1,223.62 and its two-hundred day moving average price is $1,166.15.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter last year, the company posted $10.72 EPS. The firm’s revenue was up 3.8% on a year-over-year basis. Equities research analysts expect that O’Reilly Automotive, Inc. will post 40.86 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ORLY. DA Davidson restated a “buy” rating and set a $1,275.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 24th. JPMorgan Chase & Co. lifted their price target on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Wedbush reissued a “neutral” rating and issued a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, Evercore ISI upped their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $1,289.44.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

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.