PDS Planning Inc Sells 15 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

PDS Planning Inc trimmed its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 304 shares of the specialty retailer’s stock after selling 15 shares during the period. PDS Planning Inc’s holdings in O’Reilly Automotive were worth $289,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Jennison Associates LLC lifted its stake in O’Reilly Automotive by 7.6% in the fourth quarter. Jennison Associates LLC now owns 947,484 shares of the specialty retailer’s stock valued at $900,186,000 after buying an additional 66,629 shares during the period. Invesco Ltd. lifted its stake in O’Reilly Automotive by 3.7% in the third quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer’s stock valued at $807,168,000 after buying an additional 31,487 shares during the period. Northern Trust Corp lifted its stake in O’Reilly Automotive by 3.5% in the third quarter. Northern Trust Corp now owns 683,547 shares of the specialty retailer’s stock valued at $621,249,000 after buying an additional 23,016 shares during the period. International Assets Investment Management LLC lifted its stake in O’Reilly Automotive by 89,319.3% in the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock valued at $621,025,000 after buying an additional 652,924 shares during the period. Finally, Winslow Capital Management LLC lifted its stake in O’Reilly Automotive by 14.7% in the third quarter. Winslow Capital Management LLC now owns 302,615 shares of the specialty retailer’s stock valued at $275,035,000 after buying an additional 38,762 shares during the period. 85.00% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ORLY. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Tuesday, April 16th. Evercore ISI dropped their price target on O’Reilly Automotive from $1,240.00 to $1,220.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 16th. Wells Fargo & Company raised their price target on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Monday, March 25th. Royal Bank of Canada raised their price target on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research report on Friday, February 9th. Finally, UBS Group increased their price objective on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and an average price target of $1,115.19.

O’Reilly Automotive Stock Up 0.1 %

ORLY stock opened at $1,092.35 on Wednesday. The business has a 50 day moving average price of $1,096.35 and a two-hundred day moving average price of $1,013.79. The company has a market cap of $64.48 billion, a price-to-earnings ratio of 28.39, a P/E/G ratio of 1.98 and a beta of 0.86. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating analysts’ consensus estimates of $9.07 by $0.19. The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company earned $8.37 earnings per share. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 42.1 EPS for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the completion of the transaction, the chief financial officer now directly owns 2,335 shares in the company, valued at approximately $2,400,380. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the completion of the transaction, the chief financial officer now directly owns 2,335 shares in the company, valued at approximately $2,400,380. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jeffrey Alan Lauro sold 431 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the sale, the senior vice president now directly owns 963 shares of the company’s stock, valued at $1,000,200.69. The disclosure for this sale can be found here. In the last three months, insiders sold 25,968 shares of company stock worth $27,269,333. 1.18% 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.