Marble Harbor Investment Counsel LLC lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 0.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,165 shares of the specialty retailer’s stock after selling 152 shares during the period. O’Reilly Automotive makes up approximately 2.8% of Marble Harbor Investment Counsel LLC’s portfolio, making the stock its 9th biggest holding. Marble Harbor Investment Counsel LLC’s holdings in O’Reilly Automotive were worth $25,097,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP grew its holdings in shares of O’Reilly Automotive by 73.0% in the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after acquiring an additional 728,040 shares during the period. Proficio Capital Partners LLC raised its stake in shares of O’Reilly Automotive by 205,600.0% during the 4th quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer’s stock worth $597,602,000 after buying an additional 503,720 shares during the last quarter. Mizuho Securities USA LLC boosted its position in shares of O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock worth $5,393,000 after buying an additional 482,670 shares in the last quarter. Raymond James Financial Inc. acquired a new position in O’Reilly Automotive during the fourth quarter worth about $208,248,000. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of O’Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after purchasing an additional 133,139 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.
Insider Activity at O’Reilly Automotive
In other news, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total transaction 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Maria Sastre sold 248 shares of O’Reilly Automotive stock in a transaction on 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 sale, the director now directly owns 971 shares in the company, valued at $1,278,001.07. This trade represents a 20.34 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 7,894 shares of company stock worth $10,409,618. 1.55% of the stock is currently owned by company insiders.
O’Reilly Automotive Stock Down 0.9 %
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping analysts’ consensus estimates 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%. Research analysts anticipate that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on ORLY. Mizuho lifted their price objective on 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. BMO Capital Markets upped their price objective on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a research report on Monday, February 10th. Guggenheim lifted their price objective on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Barclays upped their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Finally, Wells Fargo & Company lifted their price target 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. Two equities 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, O’Reilly Automotive currently has a consensus rating of “Buy” and a consensus target price of $1,390.81.
View Our Latest Stock Report on O’Reilly Automotive
O’Reilly Automotive Company 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.
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