Torray Investment Partners LLC Has $6.05 Million Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Torray Investment Partners LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,105 shares of the specialty retailer’s stock after purchasing an additional 57 shares during the period. Torray Investment Partners LLC’s holdings in O’Reilly Automotive were worth $6,054,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Commerzbank Aktiengesellschaft FI increased its holdings in O’Reilly Automotive by 14.4% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 477 shares of the specialty retailer’s stock valued at $563,000 after purchasing an additional 60 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in O’Reilly Automotive by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 377,478 shares of the specialty retailer’s stock valued at $447,613,000 after purchasing an additional 12,354 shares in the last quarter. Meridian Wealth Management LLC increased its holdings in O’Reilly Automotive by 4.1% during the 4th quarter. Meridian Wealth Management LLC now owns 2,966 shares of the specialty retailer’s stock valued at $3,517,000 after purchasing an additional 117 shares in the last quarter. Fidelis Capital Partners LLC increased its holdings in O’Reilly Automotive by 7.4% during the 4th quarter. Fidelis Capital Partners LLC now owns 1,016 shares of the specialty retailer’s stock valued at $1,337,000 after purchasing an additional 70 shares in the last quarter. Finally, Quintet Private Bank Europe S.A. acquired a new stake in O’Reilly Automotive during the 4th quarter valued at $47,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Wedbush increased their price objective on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research report on Thursday, February 6th. Wells Fargo & Company increased their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. Barclays increased their price objective on 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. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Finally, StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,390.81.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director Andrea Weiss sold 248 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,311.23, for a total value of $325,185.04. Following the sale, the director now directly owns 452 shares in the company, valued at $592,675.96. The trade was a 35.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Jason Lee Tarrant sold 1,992 shares of the business’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $1,339.10, for a total value of $2,667,487.20. Following the completion of the sale, the executive vice president now owns 1,398 shares in the company, valued at approximately $1,872,061.80. This trade represents a 58.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,894 shares of company stock valued at $10,409,618. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Up 0.2 %

NASDAQ:ORLY opened at $1,375.99 on Tuesday. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,386.36. The stock has a market cap of $79.44 billion, a price-to-earnings ratio of 33.84, a PEG ratio of 2.34 and a beta of 0.94. The stock has a 50-day moving average price of $1,267.97 and a two-hundred day moving average price of $1,212.68.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

O’Reilly Automotive 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.