Transform Wealth LLC Trims Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Transform Wealth LLC cut its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 21.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 411 shares of the specialty retailer’s stock after selling 112 shares during the quarter. Transform Wealth LLC’s holdings in O’Reilly Automotive were worth $487,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Perpetual Ltd increased its stake in shares of O’Reilly Automotive by 87.8% in the 4th quarter. Perpetual Ltd now owns 507 shares of the specialty retailer’s stock worth $601,000 after acquiring an additional 237 shares in the last quarter. Solidarity Wealth LLC grew its holdings in O’Reilly Automotive by 4.3% in the fourth quarter. Solidarity Wealth LLC now owns 8,980 shares of the specialty retailer’s stock worth $10,648,000 after purchasing an additional 373 shares during the period. Aspiriant LLC purchased a new stake in O’Reilly Automotive in the fourth quarter worth about $219,000. Ballentine Partners LLC increased its stake in shares of O’Reilly Automotive by 62.4% during the fourth quarter. Ballentine Partners LLC now owns 1,643 shares of the specialty retailer’s stock valued at $1,948,000 after purchasing an additional 631 shares in the last quarter. Finally, ZWJ Investment Counsel Inc. purchased a new position in shares of O’Reilly Automotive during the fourth quarter valued at approximately $206,000. 85.00% of the stock is owned by institutional investors.

Insider Activity at O’Reilly Automotive

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $1,150.00 to $1,450.00 in a research report on Tuesday. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. DA Davidson restated a “buy” rating and set a $1,275.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Finally, Evercore ISI upped their target price on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Two research 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. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $1,289.44.

O’Reilly Automotive Stock Up 2.0 %

Shares of NASDAQ:ORLY opened at $1,241.08 on Wednesday. The firm’s 50 day moving average price is $1,223.49 and its 200-day moving average price is $1,164.11. The stock 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. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the previous year, the firm earned $10.72 EPS. The company’s revenue was up 3.8% on a year-over-year basis. Analysts expect that O’Reilly Automotive, Inc. will post 40.85 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.