Foster Victor Wealth Advisors LLC Raises Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Foster Victor Wealth Advisors LLC boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,871 shares of the specialty retailer’s stock after buying an additional 813 shares during the period. O’Reilly Automotive makes up approximately 1.6% of Foster Victor Wealth Advisors LLC’s portfolio, making the stock its 16th biggest position. Foster Victor Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $15,655,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cornerstone Planning Group LLC purchased a new stake in O’Reilly Automotive in the 2nd quarter valued at about $25,000. Steward Financial Group LLC increased its stake 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 purchased a new stake in O’Reilly Automotive during the fourth quarter worth about $30,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in O’Reilly Automotive during the third quarter worth about $34,000. Finally, Carmel Capital Partners LLC increased its stake in O’Reilly Automotive by 1,750.0% during the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 35 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ORLY. The Goldman Sachs Group boosted their price target on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Royal Bank of Canada boosted their price target on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. TD Cowen boosted their price target on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “outperform” rating in a research note on Friday, December 8th. Wells Fargo & Company boosted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Monday, March 25th. Finally, Stephens restated an “overweight” rating and set a $1,060.00 target price on shares of O’Reilly Automotive in a research note on Tuesday, December 19th. Five investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus price target of $1,085.47.

O’Reilly Automotive Stock Down 0.6 %

ORLY traded down $6.64 on Friday, reaching $1,128.88. The company’s stock had a trading volume of 292,987 shares, compared to its average volume of 321,756. The stock has a 50 day moving average of $1,074.16 and a two-hundred day moving average of $991.10. The company has a market capitalization of $66.65 billion, a price-to-earnings ratio of 29.34, a P/E/G ratio of 2.05 and a beta of 0.86. O’Reilly Automotive, Inc. has a fifty-two week low of $821.61 and a fifty-two week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating the consensus estimate of $9.07 by $0.19. The business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The company’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company earned $8.37 earnings per share. As a group, analysts anticipate that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current fiscal year.

Insider Activity

In other news, Chairman David E. Oreilly sold 10,000 shares of the stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the completion of the sale, the chairman now directly owns 216,539 shares of the company’s stock, valued at $228,141,159.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director John Raymond Murphy sold 269 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the completion of the sale, the director now owns 950 shares in the company, valued at $987,316. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman David E. Oreilly sold 10,000 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the completion of the transaction, the chairman now owns 216,539 shares of the company’s stock, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,468 shares of company stock valued at $28,769,333. 1.55% of the stock is currently owned by company insiders.

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.