Fulton Bank N.A. Grows Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Fulton Bank N.A. increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,909 shares of the specialty retailer’s stock after buying an additional 30 shares during the quarter. Fulton Bank N.A.’s holdings in O’Reilly Automotive were worth $1,814,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its holdings in shares of O’Reilly Automotive by 1.8% in the 1st quarter. Geode Capital Management LLC now owns 1,489,353 shares of the specialty retailer’s stock worth $1,262,904,000 after purchasing an additional 26,201 shares during the period. Morgan Stanley raised its holdings in shares of O’Reilly Automotive by 113.8% in the 4th quarter. Morgan Stanley now owns 1,193,792 shares of the specialty retailer’s stock worth $1,007,597,000 after purchasing an additional 635,416 shares during the period. Invesco Ltd. raised its holdings in shares of O’Reilly Automotive by 3.7% in the 3rd quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer’s stock worth $807,168,000 after purchasing an additional 31,487 shares during the period. Jennison Associates LLC raised its holdings in shares of O’Reilly Automotive by 8.0% in the 3rd quarter. Jennison Associates LLC now owns 880,855 shares of the specialty retailer’s stock worth $800,574,000 after purchasing an additional 65,534 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of O’Reilly Automotive by 128.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 687,486 shares of the specialty retailer’s stock worth $470,900,000 after purchasing an additional 386,822 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director John Raymond Murphy sold 269 shares of O’Reilly Automotive 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 value of $279,566.32. Following the completion of the transaction, the director now owns 950 shares in the company, valued at approximately $987,316. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director John Raymond Murphy sold 269 shares of O’Reilly Automotive 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 value of $279,566.32. Following the completion of the transaction, the director now owns 950 shares in the company, valued at approximately $987,316. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Jeffrey Alan Lauro sold 431 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the transaction, the senior vice president now owns 963 shares of the company’s stock, valued at approximately $1,000,200.69. The disclosure for this sale can be found here. Insiders sold a total of 27,468 shares of company stock worth $28,769,333 in the last 90 days. 1.55% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

ORLY has been the topic of a number of research reports. Barclays raised their price objective on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a report on Thursday, January 4th. Stephens restated an “overweight” rating and issued a $1,060.00 price objective on shares of O’Reilly Automotive in a report on Tuesday, December 19th. TD Cowen raised their target price on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “outperform” rating in a report on Friday, December 8th. Evercore ISI raised their target price on O’Reilly Automotive from $1,235.00 to $1,240.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Mizuho began coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,090.76.

O’Reilly Automotive Stock Up 1.6 %

Shares of NASDAQ ORLY opened at $1,117.56 on Friday. O’Reilly Automotive, Inc. has a fifty-two week low of $855.88 and a fifty-two week high of $1,169.11. The business has a 50 day moving average price of $1,084.05 and a two-hundred day moving average price of $997.83. The firm has a market cap of $65.97 billion, a PE ratio of 29.04, a price-to-earnings-growth ratio of 2.00 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data 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 negative return on equity of 139.01% and a net margin of 14.84%. The firm had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.86 billion. During the same quarter last year, the firm earned $8.37 EPS. O’Reilly Automotive’s quarterly revenue was up 5.1% on a year-over-year basis. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current 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.