Sigma Planning Corp Increases Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Sigma Planning Corp lifted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 27.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,389 shares of the specialty retailer’s stock after purchasing an additional 299 shares during the quarter. Sigma Planning Corp’s holdings in O’Reilly Automotive were worth $1,647,000 as of its most recent SEC filing.

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

O’Reilly Automotive Trading Down 0.7 %

NASDAQ:ORLY opened at $1,303.41 on Monday. 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 market cap of $75.25 billion, a P/E ratio of 32.06, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94. The stock has a 50 day moving average of $1,253.69 and a two-hundred day moving average of $1,203.04.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 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%. On average, research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Insider Activity at O’Reilly Automotive

In related news, Director Maria Sastre sold 248 shares of the company’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 completion of the sale, the director now owns 971 shares of the company’s stock, valued at approximately $1,278,001.07. This represents a 20.34 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark Joseph Merz sold 500 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the senior vice president now owns 275 shares of the company’s stock, valued at $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,581 shares of company stock valued at $2,071,810. Corporate insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on ORLY. Royal Bank of Canada lifted their price objective on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. UBS Group lifted their price target on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Evercore ISI lifted their target price on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Finally, Guggenheim lifted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a report on Friday, February 7th. Two equities research 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Company 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.