O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Position Raised by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 608.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,033 shares of the specialty retailer’s stock after buying an additional 7,758 shares during the quarter. Cobblestone Capital Advisors LLC NY’s holdings in O’Reilly Automotive were worth $10,711,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ORLY. Oak Ridge Investments LLC increased its stake in O’Reilly Automotive by 4.3% in the 3rd quarter. Oak Ridge Investments LLC now owns 12,576 shares of the specialty retailer’s stock valued at $14,483,000 after buying an additional 513 shares during the period. Principal Securities Inc. increased its stake in shares of O’Reilly Automotive by 8.0% during the 3rd quarter. Principal Securities Inc. now owns 2,535 shares of the specialty retailer’s stock worth $2,919,000 after purchasing an additional 188 shares during the last quarter. Princeton Global Asset Management LLC acquired a new position in shares of O’Reilly Automotive during the 3rd quarter worth $41,000. Optas LLC acquired a new position in shares of O’Reilly Automotive during the 3rd quarter worth $261,000. Finally, KG&L Capital Management LLC increased its stake in shares of O’Reilly Automotive by 6.9% during the 3rd quarter. KG&L Capital Management LLC now owns 758 shares of the specialty retailer’s stock worth $873,000 after purchasing an additional 49 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $364,375. This trade represents a 64.52 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Gregory L. Henslee sold 3,073 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now owns 11,397 shares of the company’s stock, valued at approximately $14,988,764.55. This represents a 21.24 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 7,894 shares of company stock valued at $10,409,618. Company insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on ORLY. Barclays increased their price target on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Royal Bank of Canada increased their price target 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. Wedbush increased their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research note on Thursday, February 6th. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Evercore ISI increased their price target on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $1,373.64 on Friday. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,378.76. The firm has a fifty day moving average price of $1,264.60 and a two-hundred day moving average price of $1,209.61. The company has a market cap of $79.30 billion, a PE ratio of 33.78, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

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.