Overbrook Management Corp Has $10.94 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Overbrook Management Corp increased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 39.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 11,511 shares of the specialty retailer’s stock after purchasing an additional 3,241 shares during the period. O’Reilly Automotive makes up about 2.2% of Overbrook Management Corp’s portfolio, making the stock its 19th biggest holding. Overbrook Management Corp’s holdings in O’Reilly Automotive were worth $10,936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. International Assets Investment Management LLC boosted its position in O’Reilly Automotive by 89,319.3% in the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock valued at $621,025,000 after buying an additional 652,924 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in shares of O’Reilly Automotive during the third quarter worth $198,365,000. Assenagon Asset Management S.A. lifted its holdings in shares of O’Reilly Automotive by 269.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer’s stock worth $205,965,000 after purchasing an additional 158,075 shares during the period. Loomis Sayles & Co. L P lifted its holdings in shares of O’Reilly Automotive by 360,914.3% during the third quarter. Loomis Sayles & Co. L P now owns 151,626 shares of the specialty retailer’s stock worth $137,807,000 after purchasing an additional 151,584 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of O’Reilly Automotive by 47.4% during the third quarter. Envestnet Asset Management Inc. now owns 213,648 shares of the specialty retailer’s stock worth $194,176,000 after purchasing an additional 68,728 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ORLY shares. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Thursday. Barclays lifted 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. Wedbush reaffirmed a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday. Mizuho began coverage on shares of O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price for the company. Finally, 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 report on Friday, February 9th. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and an average target price of $1,108.94.

Insider Activity

In other news, Director John Raymond Murphy sold 269 shares of the business’s stock in a transaction that occurred 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 sale, the director now 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 accessible through the SEC website. In related news, Chairman David E. Oreilly sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares of the company’s stock, valued at approximately $228,141,159.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Raymond Murphy sold 269 shares of the stock in a transaction 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 transaction, the director now directly owns 950 shares in the company, valued at approximately $987,316. The disclosure for this sale can be found here. Insiders have sold a total of 25,968 shares of company stock valued at $27,269,333 over the last quarter. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Down 3.5 %

Shares of NASDAQ ORLY traded down $38.57 during midday trading on Thursday, hitting $1,054.13. The company’s stock had a trading volume of 917,935 shares, compared to its average volume of 373,213. The stock has a fifty day moving average price of $1,097.34 and a 200 day moving average price of $1,014.62. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The firm has a market capitalization of $62.23 billion, a price-to-earnings ratio of 27.39, a P/E/G ratio of 1.98 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The company had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same quarter in the previous year, the firm posted $8.28 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, equities research analysts predict that O’Reilly Automotive, Inc. will post 42.1 earnings per share for the current fiscal year.

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.