TCV Trust & Wealth Management Inc. Buys 188 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

TCV Trust & Wealth Management Inc. lifted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,358 shares of the specialty retailer’s stock after purchasing an additional 188 shares during the quarter. TCV Trust & Wealth Management Inc.’s holdings in O’Reilly Automotive were worth $9,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC grew its stake in shares of O’Reilly Automotive by 99,957.0% in the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after acquiring an additional 853,633 shares during the period. Wellington Management Group LLP increased its holdings in O’Reilly Automotive by 73.0% in the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after acquiring an additional 728,040 shares in the last quarter. Mizuho Securities USA LLC raised its position in shares of O’Reilly Automotive by 10,626.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after purchasing an additional 482,670 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in O’Reilly Automotive by 28.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after acquiring an additional 133,139 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in O’Reilly Automotive by 117.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 77,037 shares of the specialty retailer’s stock valued at $88,716,000 after purchasing an additional 41,685 shares during the period. Institutional investors own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ORLY. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Royal Bank of Canada raised their price objective on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Evercore ISI lifted their target price on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Finally, DA Davidson lifted their price target on shares of O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Trading Up 1.1 %

ORLY opened at $1,323.94 on Wednesday. The firm has a market cap of $76.43 billion, a price-to-earnings ratio of 32.56, a PEG ratio of 2.50 and a beta of 0.94. The stock has a fifty day moving average price of $1,243.39 and a 200-day moving average price of $1,190.81. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly 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, equities research analysts forecast that O’Reilly Automotive, Inc. will post 44.16 EPS for the current year.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. This trade represents a 46.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s 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 transaction, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % 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.

About O’Reilly Automotive

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.