O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by Annex Advisory Services LLC

Annex Advisory Services LLC lifted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 23.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,027 shares of the specialty retailer’s stock after purchasing an additional 6,418 shares during the quarter. O’Reilly Automotive comprises about 1.2% of Annex Advisory Services LLC’s portfolio, making the stock its 19th biggest position. Annex Advisory Services LLC owned approximately 0.06% of O’Reilly Automotive worth $40,349,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ORLY. Grove Bank & Trust increased its stake in O’Reilly Automotive by 36.8% during the 4th quarter. Grove Bank & Trust now owns 156 shares of the specialty retailer’s stock valued at $185,000 after purchasing an additional 42 shares in the last quarter. Oak Ridge Investments LLC lifted its stake in shares of O’Reilly Automotive by 5.3% during the fourth quarter. Oak Ridge Investments LLC now owns 13,246 shares of the specialty retailer’s stock worth $15,707,000 after buying an additional 670 shares during the period. Aaron Wealth Advisors LLC grew its holdings in shares of O’Reilly Automotive by 5.7% during the fourth quarter. Aaron Wealth Advisors LLC now owns 388 shares of the specialty retailer’s stock valued at $460,000 after buying an additional 21 shares during the last quarter. Riversedge Advisors LLC acquired a new position in shares of O’Reilly Automotive in the 4th quarter valued at $206,000. Finally, HB Wealth Management LLC raised its stake in O’Reilly Automotive by 14.9% in the 4th quarter. HB Wealth Management LLC now owns 2,095 shares of the specialty retailer’s stock worth $2,484,000 after acquiring an additional 271 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $1,216.79 on Monday. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,283.96. The stock has a market capitalization of $70.25 billion, a PE ratio of 30.10, a price-to-earnings-growth ratio of 2.23 and a beta of 0.94. The business has a 50 day simple moving average of $1,223.72 and a 200-day simple moving average of $1,161.74.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. O’Reilly Automotive’s revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $10.72 EPS. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ORLY has been the topic of a number of research reports. TD Cowen increased their price objective on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. Morgan Stanley increased their price target on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a report on Thursday, October 24th. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. DA Davidson reiterated a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Finally, Wedbush restated a “neutral” rating and set a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average price target of $1,270.69.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the sale, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. The trade was a 99.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now 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. 1.55% of the stock is owned by company insiders.

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.