O’Reilly Automotive, Inc. (NASDAQ:ORLY) Position Boosted by ING Groep NV

ING Groep NV increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 888.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,293 shares of the specialty retailer’s stock after purchasing an additional 2,960 shares during the period. ING Groep NV’s holdings in O’Reilly Automotive were worth $3,905,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. AlphaMark Advisors LLC acquired a new position in shares of O’Reilly Automotive in the 4th quarter worth approximately $30,000. Kestra Investment Management LLC bought a new position in O’Reilly Automotive during the fourth quarter worth $32,000. Darwin Wealth Management LLC acquired a new position in O’Reilly Automotive in the third quarter worth $32,000. MidAtlantic Capital Management Inc. bought a new stake in O’Reilly Automotive during the third quarter valued at $37,000. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive during the third quarter worth $41,000. 85.00% of the stock is owned by institutional investors.

Insider Transactions at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 833 shares of O’Reilly Automotive stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the transaction, the chief executive officer now directly owns 760 shares of the company’s stock, valued at $988,000. The trade was a 52.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maria Sastre sold 248 shares of the firm’s stock in a transaction dated 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 transaction, the director now owns 971 shares of the company’s stock, valued at approximately $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 90 days, insiders have sold 2,201 shares of company stock valued at $2,840,852. Corporate insiders own 1.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ORLY. Royal Bank of Canada lifted their price target on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a report on Friday, February 7th. UBS Group lifted their target price on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Wedbush increased their price target on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research report on Thursday, February 6th. Barclays boosted 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. Finally, DA Davidson increased their target price on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Trading Down 0.7 %

O’Reilly Automotive stock opened at $1,303.41 on Friday. 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 price-to-earnings ratio of 32.06, a PEG ratio of 2.34 and a beta of 0.94. The company’s 50-day moving average price is $1,253.69 and its two-hundred day moving average price is $1,202.38.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating 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 expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal 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.