Livforsakringsbolaget Skandia Omsesidigt Buys 66 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,733 shares of the specialty retailer’s stock after purchasing an additional 66 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in O’Reilly Automotive were worth $3,547,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Barclays upped their price target on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research note on Thursday, January 4th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Tuesday. The Goldman Sachs Group upped their price target on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research note on Friday, February 9th. Wells Fargo & Company upped their price target on shares of O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Monday, March 25th. Finally, Truist Financial increased their price objective on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the stock a “buy” rating in a research note on Tuesday, April 2nd. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,089.59.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were 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 owns 2,335 shares in the company, valued at approximately $2,400,380. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, Chairman David E. Oreilly sold 6,444 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the sale, the chairman now owns 205,095 shares of the company’s stock, valued at approximately $217,933,947. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s 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 sale, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at approximately $2,400,380. The disclosure for this sale can be found here. Insiders sold a total of 25,968 shares of company stock worth $27,269,333 in the last quarter. 1.18% of the stock is owned by insiders.

O’Reilly Automotive Stock Performance

Shares of ORLY traded up $5.29 during mid-day trading on Wednesday, reaching $1,094.80. The company had a trading volume of 316,500 shares, compared to its average volume of 367,605. The company’s 50 day simple moving average is $1,090.52 and its 200 day simple moving average is $1,006.87. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The company has a market capitalization of $64.63 billion, a price-to-earnings ratio of 28.31, a P/E/G ratio of 1.94 and a beta of 0.86.

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. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.86 billion. During the same period last year, the company posted $8.37 EPS. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. As a group, equities analysts forecast that O’Reilly Automotive, Inc. will post 42.09 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.