Boston Financial Mangement LLC Boosts Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Boston Financial Mangement LLC grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,058 shares of the specialty retailer’s stock after buying an additional 212 shares during the quarter. Boston Financial Mangement LLC’s holdings in O’Reilly Automotive were worth $29,714,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Handelsbanken Fonder AB grew its stake in shares of O’Reilly Automotive by 0.6% in the fourth quarter. Handelsbanken Fonder AB now owns 30,152 shares of the specialty retailer’s stock valued at $35,754,000 after buying an additional 188 shares in the last quarter. Private Advisor Group LLC boosted its holdings in O’Reilly Automotive by 18.7% in the 4th quarter. Private Advisor Group LLC now owns 3,158 shares of the specialty retailer’s stock worth $3,745,000 after acquiring an additional 498 shares during the period. Kentucky Retirement Systems Insurance Trust Fund grew its position in O’Reilly Automotive by 121.4% in the fourth quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 3,801 shares of the specialty retailer’s stock valued at $4,507,000 after acquiring an additional 2,084 shares in the last quarter. Valley Wealth Managers Inc. raised its stake in shares of O’Reilly Automotive by 6.5% during the fourth quarter. Valley Wealth Managers Inc. now owns 528 shares of the specialty retailer’s stock valued at $626,000 after purchasing an additional 32 shares during the period. Finally, Kestra Investment Management LLC purchased a new stake in shares of O’Reilly Automotive during the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.0 %

Shares of NASDAQ:ORLY opened at $1,295.80 on Thursday. The company has a market cap of $74.81 billion, a PE ratio of 31.87, a P/E/G ratio of 2.31 and a beta of 0.94. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27. The firm has a 50-day simple moving average of $1,252.18 and a 200 day simple moving average of $1,199.59.

O’Reilly Automotive (NASDAQ:ORLY) last posted 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 forecast that O’Reilly Automotive, Inc. will post 44.01 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Mark Joseph Merz sold 500 shares of O’Reilly Automotive 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 transaction of $662,500.00. Following the sale, the senior vice president now 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 filing with the SEC, which is accessible through the SEC website. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the transaction, the director now directly owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,968 shares of company stock worth $2,492,394 in the last three months. 1.55% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on ORLY shares. Guggenheim upped their target price on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Barclays upped 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. 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 research note on Thursday, February 6th. Truist Financial raised their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, Wells Fargo & Company lifted their price objective on 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 analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “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.