Fielder Capital Group LLC Takes $202,000 Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Fielder Capital Group LLC acquired a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 170 shares of the specialty retailer’s stock, valued at approximately $202,000.

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

O’Reilly Automotive Trading Up 1.7 %

Shares of NASDAQ:ORLY opened at $1,353.46 on Friday. The stock has a market cap of $78.14 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The stock’s fifty day simple moving average is $1,261.51 and its two-hundred day simple moving average is $1,207.86. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,359.19.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate 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%. On average, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Andrea Weiss sold 248 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $1,311.23, for a total value of $325,185.04. Following the transaction, the director now directly owns 452 shares of the company’s stock, valued at approximately $592,675.96. The trade was a 35.43 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jason Lee Tarrant sold 1,992 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the sale, the executive vice president now owns 1,398 shares of the company’s stock, valued at $1,872,061.80. This trade represents a 58.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,894 shares of company stock valued at $10,409,618 over the last three months. Corporate insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ORLY shares. UBS Group lifted their price objective on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Guggenheim lifted their target price 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. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Evercore ISI raised their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Finally, Barclays boosted 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 research report on Friday, February 7th. 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. According to MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $1,390.81.

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.