Cullen Frost Bankers Inc. Has $29.86 Million Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Cullen Frost Bankers Inc. boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,184 shares of the specialty retailer’s stock after purchasing an additional 296 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in O’Reilly Automotive were worth $29,863,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ORLY. AlphaMark Advisors LLC bought a new position in O’Reilly Automotive in the fourth quarter valued at about $30,000. Kestra Investment Management LLC bought a new position in O’Reilly Automotive in the fourth quarter valued at about $32,000. Darwin Wealth Management LLC bought a new position in O’Reilly Automotive in the third quarter valued at about $32,000. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive in the third quarter valued at about $37,000. Finally, Retirement Wealth Solutions LLC bought a new position in O’Reilly Automotive in the fourth quarter valued at about $46,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of ORLY stock opened at $1,339.67 on Thursday. The business’s 50 day simple moving average is $1,273.03 and its 200 day simple moving average is $1,215.23. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,389.05. The stock has a market capitalization of $77.34 billion, a PE ratio of 32.95, a PEG ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 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%. As a group, research analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the transaction, the senior vice president now directly owns 275 shares of the company’s stock, valued at approximately $364,375. The trade was a 64.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 248 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total value of $326,410.16. Following the transaction, the director now directly 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. Over the last three months, insiders have sold 7,894 shares of company stock valued at $10,409,618. 1.55% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have issued reports on ORLY. Barclays lifted their target price 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. Mizuho lifted their target price on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Friday, February 7th. Guggenheim boosted their price target on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Wedbush boosted their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Finally, Evercore ISI boosted their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Three 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,390.81.

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.