FFT Wealth Management LLC Has $215,000 Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

FFT Wealth Management LLC reduced its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 12.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 226 shares of the specialty retailer’s stock after selling 31 shares during the quarter. FFT Wealth Management LLC’s holdings in O’Reilly Automotive were worth $215,000 at the end of the most recent reporting period.

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

O’Reilly Automotive Trading Up 0.2 %

NASDAQ ORLY traded up $1.75 during trading on Thursday, hitting $1,006.86. The company had a trading volume of 65,245 shares, compared to its average volume of 372,720. The company’s fifty day moving average is $1,095.77 and its 200-day moving average is $1,018.24. The company has a market cap of $59.43 billion, a price-to-earnings ratio of 25.51, a price-to-earnings-growth ratio of 1.91 and a beta of 0.90. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last released 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 firm had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.99 billion. During the same period in the prior year, the firm earned $8.28 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. As a group, equities analysts anticipate that O’Reilly Automotive, Inc. will post 41.92 EPS for the current year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the transaction, the director now owns 950 shares in the company, valued at approximately $987,316. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the transaction, the chief financial officer now owns 2,335 shares of the company’s stock, valued at $2,400,380. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John Raymond Murphy sold 269 shares of the firm’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 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. In the last ninety days, insiders have sold 25,968 shares of company stock valued at $27,269,333. 1.55% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on ORLY shares. Barclays lifted their price objective on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 4th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Royal Bank of Canada lifted 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 research note on Friday, February 9th. Wells Fargo & Company reduced their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research note on Thursday, April 25th. Finally, Evercore ISI reduced their price objective on shares of O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating for the company in a research note on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus 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.