Charles Schwab Investment Management Inc. Acquires 3,136 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Charles Schwab Investment Management Inc. grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 345,028 shares of the specialty retailer’s stock after buying an additional 3,136 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.58% of O’Reilly Automotive worth $327,804,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fortune Financial Advisors LLC raised its holdings in O’Reilly Automotive by 2.4% in the 4th quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock valued at $2,325,000 after acquiring an additional 57 shares during the period. SignalPoint Asset Management LLC raised its holdings in O’Reilly Automotive by 3.3% in the 4th quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock valued at $48,567,000 after acquiring an additional 1,642 shares during the period. Duality Advisers LP bought a new position in O’Reilly Automotive in the 4th quarter valued at about $924,000. NewEdge Wealth LLC grew its position in shares of O’Reilly Automotive by 13.6% during the 4th quarter. NewEdge Wealth LLC now owns 34,217 shares of the specialty retailer’s stock worth $32,509,000 after purchasing an additional 4,101 shares in the last quarter. Finally, HB Wealth Management LLC grew its position in shares of O’Reilly Automotive by 7.0% during the 4th quarter. HB Wealth Management LLC now owns 1,747 shares of the specialty retailer’s stock worth $1,660,000 after purchasing an additional 114 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the completion of the sale, the director now directly owns 950 shares of the company’s stock, valued at $987,316. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the completion of the sale, the director now directly owns 950 shares of the company’s stock, valued at $987,316. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Brad W. Beckham sold 6,032 shares of the business’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the sale, the chief executive officer now directly owns 716 shares of the company’s stock, valued at $726,740. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,000 shares of company stock valued at $33,391,813. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ ORLY traded up $1.86 during mid-day trading on Wednesday, reaching $1,022.57. 151,045 shares of the stock were exchanged, compared to its average volume of 374,739. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The stock has a 50 day simple moving average of $1,091.76 and a 200-day simple moving average of $1,021.39. The stock has a market cap of $60.36 billion, a P/E ratio of 25.91, a P/E/G ratio of 1.91 and a beta of 0.90.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. During the same quarter last year, the firm earned $8.28 earnings per share. O’Reilly Automotive’s quarterly revenue was up 7.2% on a year-over-year basis. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 41.92 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. The Goldman Sachs Group increased their target price on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Evercore ISI decreased their target price on shares of O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research report on Friday, April 26th. StockNews.com cut O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Wedbush reiterated a “neutral” rating and issued a $1,100.00 target price on shares of O’Reilly Automotive in a research report on Thursday, April 25th. Finally, Royal Bank of Canada increased their target price on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a report on Friday, February 9th. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average target price of $1,110.07.

O’Reilly Automotive Company 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.