Handelsbanken Fonder AB Acquires 188 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Handelsbanken Fonder AB increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,152 shares of the specialty retailer’s stock after purchasing an additional 188 shares during the period. Handelsbanken Fonder AB’s holdings in O’Reilly Automotive were worth $35,754,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. AlphaMark Advisors LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter worth about $30,000. Darwin Wealth Management LLC acquired a new stake in O’Reilly Automotive in the 3rd quarter worth approximately $32,000. Kestra Investment Management LLC bought a new stake in O’Reilly Automotive during the fourth quarter worth approximately $32,000. MidAtlantic Capital Management Inc. acquired a new position in O’Reilly Automotive during the third quarter valued at approximately $37,000. Finally, Princeton Global Asset Management LLC bought a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $41,000. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Up 1.3 %

NASDAQ:ORLY opened at $1,312.44 on Friday. The firm has a market capitalization of $75.77 billion, a PE ratio of 32.28, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,350.27. The firm has a 50-day moving average price of $1,253.03 and a 200 day moving average price of $1,200.38.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. On average, research analysts expect that O’Reilly Automotive, Inc. will post 44.01 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director Maria Sastre sold 248 shares of the 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 completion of the sale, the director now owns 971 shares in the company, valued at $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 available through the SEC website. Also, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction dated 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 completion of the transaction, the senior vice president now owns 275 shares in the company, valued at approximately $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,368 shares of company stock valued at $1,757,952. 1.55% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. DA Davidson upped their price objective on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a report on Friday, February 7th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Wells Fargo & Company raised their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Finally, UBS Group increased 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. Two equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target 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.