Howland Capital Management LLC Grows Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Howland Capital Management LLC grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 27,868 shares of the specialty retailer’s stock after buying an additional 384 shares during the quarter. O’Reilly Automotive makes up about 1.4% of Howland Capital Management LLC’s investment portfolio, making the stock its 18th largest holding. Howland Capital Management LLC’s holdings in O’Reilly Automotive were worth $33,046,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. AlphaMark Advisors LLC purchased a new position in shares of O’Reilly Automotive in the 4th quarter valued at approximately $30,000. Darwin Wealth Management LLC purchased a new position in O’Reilly Automotive during the third quarter valued at $32,000. Trifecta Capital Advisors LLC raised its stake in O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in O’Reilly Automotive during the third quarter valued at $37,000. Finally, Princeton Global Asset Management LLC purchased a new position in O’Reilly Automotive during the third quarter valued at $41,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were 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. This trade represents a 46.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. The trade was a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ORLY shares. Truist Financial lifted their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Roth Mkm reiterated a “buy” rating and set a $1,337.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. Royal Bank of Canada lifted their target price on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. Two analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $1,374.88.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $1,316.75 on Friday. The firm has a 50-day simple moving average of $1,242.12 and a two-hundred day simple moving average of $1,187.34. The company has a market cap of $76.02 billion, a P/E ratio of 32.38, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 44.16 EPS for the current year.

About O’Reilly Automotive

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.