Flossbach Von Storch SE Acquires 1,237 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Flossbach Von Storch SE raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 11.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,295 shares of the specialty retailer’s stock after acquiring an additional 1,237 shares during the period. Flossbach Von Storch SE’s holdings in O’Reilly Automotive were worth $14,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Boston Financial Mangement LLC raised its stake in shares of O’Reilly Automotive by 0.9% in the fourth quarter. Boston Financial Mangement LLC now owns 25,058 shares of the specialty retailer’s stock valued at $29,714,000 after buying an additional 212 shares during the period. Handelsbanken Fonder AB raised its stake in shares of O’Reilly Automotive by 0.6% during the 4th quarter. Handelsbanken Fonder AB now owns 30,152 shares of the specialty retailer’s stock valued at $35,754,000 after purchasing an additional 188 shares during the period. Private Advisor Group LLC raised its stake in shares of O’Reilly Automotive by 18.7% during the 4th quarter. Private Advisor Group LLC now owns 3,158 shares of the specialty retailer’s stock valued at $3,745,000 after purchasing an additional 498 shares during the period. Kentucky Retirement Systems Insurance Trust Fund raised its stake in shares of O’Reilly Automotive by 121.4% during the 4th quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 3,801 shares of the specialty retailer’s stock valued at $4,507,000 after purchasing an additional 2,084 shares during the period. Finally, Valley Wealth Managers Inc. raised its stake in shares of O’Reilly Automotive by 6.5% during the 4th 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. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Truist Financial boosted 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. Mizuho boosted their price objective on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. TD Cowen boosted their target price on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. UBS Group boosted their target price 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. Finally, Royal Bank of Canada boosted their target price on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” 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 issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Price Performance

ORLY opened at $1,295.80 on Thursday. The business has a 50 day simple moving average of $1,252.18 and a two-hundred day simple moving average of $1,199.59. The firm has a market capitalization of $74.81 billion, a price-to-earnings ratio of 31.87, a PEG ratio of 2.31 and a beta of 0.94. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping 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, sell-side analysts expect that O’Reilly Automotive, Inc. will post 44.01 EPS for the current fiscal year.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Maria Sastre sold 248 shares of the 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 approximately $1,278,001.07. This trade represents a 20.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the sale, the senior vice president now owns 275 shares in the company, valued at approximately $364,375. This represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,968 shares of company stock worth $2,492,394 in the last 90 days. Insiders own 1.55% of the company’s stock.

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.