Bradyco Inc. Invests $709,000 in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Bradyco Inc. purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 598 shares of the specialty retailer’s stock, valued at approximately $709,000.

Several other large investors have also recently bought and sold shares of the stock. Assetmark Inc. lifted its position in shares of O’Reilly Automotive by 20.8% during the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after acquiring an additional 3,193 shares during the period. Annex Advisory Services LLC lifted its stake in shares of O’Reilly Automotive by 23.2% in the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock valued at $40,349,000 after acquiring an additional 6,418 shares during the last quarter. CIBC Asset Management Inc boosted its stake in shares of O’Reilly Automotive by 4.7% during the third quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock valued at $22,568,000 after purchasing an additional 882 shares in the last quarter. Montecito Bank & Trust acquired a new position in shares of O’Reilly Automotive in the fourth quarter valued at approximately $365,000. Finally, Y Intercept Hong Kong Ltd raised its holdings in O’Reilly Automotive by 824.6% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 3,606 shares of the specialty retailer’s stock valued at $4,276,000 after buying an additional 3,216 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

Insider Transactions at O’Reilly Automotive

In other news, Director Maria Sastre sold 248 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the sale, the director now directly owns 971 shares in the company, valued at $1,278,001.07. This represents a 20.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Jason Lee Tarrant sold 1,992 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $1,339.10, for a total transaction of $2,667,487.20. Following the completion of the sale, the executive vice president now directly owns 1,398 shares in the company, valued at approximately $1,872,061.80. The trade was a 58.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,894 shares of company stock worth $10,409,618 over the last quarter. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Down 0.6 %

NASDAQ:ORLY opened at $1,331.06 on Friday. The firm’s 50 day moving average is $1,275.52 and its 200 day moving average is $1,216.03. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,389.05. The stock has a market capitalization of $76.84 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 2.34 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last posted 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 negative return on equity of 166.88% and a net margin of 14.28%. Research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently weighed in on ORLY. Wedbush boosted their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research note on Thursday, February 6th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Barclays raised their price target on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. Mizuho increased their price target on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Finally, Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Buy” and an average target price of $1,390.81.

O’Reilly Automotive 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.