Sigma Planning Corp Increases Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Sigma Planning Corp lifted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 27.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,389 shares of the specialty retailer’s stock after buying an additional 299 shares during the quarter. Sigma Planning Corp’s holdings in O’Reilly Automotive were worth $1,647,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wellington Management Group LLP increased its stake in O’Reilly Automotive by 73.0% in the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after purchasing an additional 728,040 shares during the period. Mizuho Securities USA LLC boosted its stake in shares of O’Reilly Automotive by 10,626.8% during the third 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 boosted its stake in shares of 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 purchasing an additional 133,139 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of O’Reilly Automotive by 32.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 102,128 shares of the specialty retailer’s stock valued at $121,103,000 after purchasing an additional 25,091 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of O’Reilly Automotive by 1.7% during the third quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock valued at $1,700,513,000 after purchasing an additional 24,135 shares during the period. 85.00% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ORLY has been the subject of several research reports. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. BMO Capital Markets boosted their price target on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the company an “outperform” rating in a report on Monday, February 10th. Guggenheim boosted their price target on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a report on Friday, February 7th. UBS Group upped their target price on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Finally, Mizuho upped their target price on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $1,390.81.

Insider Activity

In other O’Reilly Automotive news, Director Maria Sastre sold 248 shares of the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the sale, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Mark Joseph Merz sold 500 shares of the 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 of the company’s stock, valued at approximately $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,581 shares of company stock worth $2,071,810. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Performance

ORLY stock opened at $1,303.41 on Monday. The firm has a market cap of $75.25 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 2.34 and a beta of 0.94. The firm has a 50-day simple moving average of $1,253.69 and a two-hundred day simple moving average of $1,203.04. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating 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%. As a group, equities analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

O’Reilly Automotive 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.