Howard Capital Management Inc. Buys 55 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Howard Capital Management Inc. raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,694 shares of the specialty retailer’s stock after acquiring an additional 55 shares during the period. Howard Capital Management Inc.’s holdings in O’Reilly Automotive were worth $2,009,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ORLY. Wealthspire Advisors LLC increased its stake in O’Reilly Automotive by 26.8% during the 4th quarter. Wealthspire Advisors LLC now owns 720 shares of the specialty retailer’s stock valued at $854,000 after purchasing an additional 152 shares in the last quarter. ST. Nicholas Private Asset Management Inc. purchased a new stake in shares of O’Reilly Automotive during the fourth quarter valued at approximately $2,616,000. Sigma Planning Corp grew its holdings in shares of O’Reilly Automotive by 27.4% during the fourth quarter. Sigma Planning Corp now owns 1,389 shares of the specialty retailer’s stock valued at $1,647,000 after buying an additional 299 shares during the last quarter. Callan Capital LLC increased its position in shares of O’Reilly Automotive by 3.7% during the fourth quarter. Callan Capital LLC now owns 395 shares of the specialty retailer’s stock valued at $468,000 after acquiring an additional 14 shares in the last quarter. Finally, Oxbow Advisors LLC raised its holdings in O’Reilly Automotive by 12.9% in the 4th quarter. Oxbow Advisors LLC now owns 9,955 shares of the specialty retailer’s stock worth $11,805,000 after acquiring an additional 1,134 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Guggenheim upped their price target on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a report on Friday, February 7th. Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Mizuho lifted 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 note on Friday, February 7th. Barclays increased their price objective on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. Finally, BMO Capital Markets raised their target price on shares of O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $1,390.81.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 248 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the completion of the transaction, the director now owns 971 shares in the company, valued at $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the sale, the senior vice president now owns 275 shares in the company, valued at approximately $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,581 shares of company stock valued at $2,071,810. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Down 0.7 %

NASDAQ:ORLY opened at $1,303.41 on Monday. The business’s 50-day simple moving average is $1,253.69 and its two-hundred day simple moving average is $1,203.04. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,350.27. The stock has a market cap of $75.25 billion, a PE ratio of 32.06, a P/E/G ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share 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.