Eads & Heald Wealth Management Increases Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Eads & Heald Wealth Management raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,121 shares of the specialty retailer’s stock after buying an additional 14 shares during the period. O’Reilly Automotive accounts for approximately 1.2% of Eads & Heald Wealth Management’s investment portfolio, making the stock its 19th largest position. Eads & Heald Wealth Management’s holdings in O’Reilly Automotive were worth $2,515,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Asset Dedication LLC lifted its holdings in O’Reilly Automotive by 6.2% in the third quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock valued at $178,000 after acquiring an additional 9 shares during the last quarter. Marks Group Wealth Management Inc lifted its position in O’Reilly Automotive by 1.5% in the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after buying an additional 9 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in O’Reilly Automotive by 8.5% during the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after buying an additional 9 shares during the period. Metis Global Partners LLC increased its position in shares of O’Reilly Automotive by 0.5% during the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after acquiring an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company raised its stake in shares of O’Reilly Automotive by 1.4% in the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after acquiring an additional 9 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ORLY. Wedbush reaffirmed a “neutral” rating and set a $1,200.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research note on Monday, October 14th. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Barclays lifted their target price on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the company an “equal weight” rating in a research report on Thursday, January 9th. Finally, Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $1,150.00 to $1,450.00 in a research report on Tuesday. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $1,289.44.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $1,241.08 on Wednesday. The firm has a market capitalization of $71.65 billion, a PE ratio of 30.70, a price-to-earnings-growth ratio of 2.26 and a beta of 0.94. The business’s fifty day moving average price is $1,223.49 and its 200 day moving average price is $1,164.11. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $10.72 EPS. As a group, equities analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the sale, the director now owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by 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.