Eads & Heald Wealth Management Boosts Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Eads & Heald Wealth Management boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,433 shares of the specialty retailer’s stock after acquiring an additional 33 shares during the period. Eads & Heald Wealth Management’s holdings in O’Reilly Automotive were worth $2,312,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cornerstone Planning Group LLC bought a new position in O’Reilly Automotive during the second quarter valued at $25,000. Steward Financial Group LLC lifted its position in O’Reilly Automotive by 141.7% during the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 17 shares during the last quarter. Ancora Advisors LLC bought a new position in O’Reilly Automotive during the fourth quarter valued at $30,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of O’Reilly Automotive in the 3rd quarter worth about $34,000. Finally, Carmel Capital Partners LLC lifted its holdings in shares of O’Reilly Automotive by 1,750.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after acquiring an additional 35 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at O’Reilly Automotive

In other news, SVP Christopher Andrew Mancini sold 1,500 shares of the stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total value of $1,500,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director John Raymond Murphy sold 269 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the completion of the transaction, the director now owns 950 shares of the company’s stock, valued at $987,316. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Christopher Andrew Mancini sold 1,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total value of $1,500,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,468 shares of company stock worth $28,769,333. 1.18% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ORLY has been the subject of several analyst reports. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Wedbush raised their price target on shares of O’Reilly Automotive from $940.00 to $1,100.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. Mizuho started coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target on the stock. Wells Fargo & Company raised their price target on shares of O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Monday, March 25th. Finally, Stephens reaffirmed an “overweight” rating and issued a $1,060.00 price target on shares of O’Reilly Automotive in a research note on Tuesday, December 19th. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,090.76.

O’Reilly Automotive Stock Performance

ORLY stock traded down $7.22 during midday trading on Monday, reaching $1,069.27. 324,873 shares of the company were exchanged, compared to its average volume of 365,770. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The stock’s 50-day simple moving average is $1,089.49 and its 200 day simple moving average is $1,004.53. The company has a market cap of $63.12 billion, a price-to-earnings ratio of 27.79, a price-to-earnings-growth ratio of 1.95 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, beating analysts’ consensus estimates of $9.07 by $0.19. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The business had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.86 billion. During the same period in the previous year, the company posted $8.37 EPS. The company’s quarterly revenue was up 5.1% on a year-over-year basis. On average, research analysts anticipate that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current year.

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.