Crossmark Global Holdings Inc. Has $1.44 Million Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Crossmark Global Holdings Inc. lowered its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 47.6% in the fourth quarter, Holdings Channel reports. The fund owned 1,215 shares of the specialty retailer’s stock after selling 1,104 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in O’Reilly Automotive were worth $1,440,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in O’Reilly Automotive in the third quarter valued at approximately $32,000. Trifecta Capital Advisors LLC increased its holdings in shares of O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of O’Reilly Automotive in the 3rd quarter valued at $37,000. Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at $41,000. Finally, Retirement Wealth Solutions LLC bought a new stake in O’Reilly Automotive during the 4th quarter worth $46,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ORLY has been the subject of a number of research reports. Guggenheim raised their price objective on shares of O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the company a “buy” rating in a report on Friday. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,150.00 to $1,450.00 in a research note on Tuesday. BMO Capital Markets assumed coverage on shares of O’Reilly Automotive in a research note on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price objective on the stock. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Finally, Royal Bank of Canada lifted their target price on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $1,295.94.

O’Reilly Automotive Stock Performance

Shares of NASDAQ:ORLY opened at $1,254.00 on Friday. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,283.96. The business’s 50 day simple moving average is $1,224.37 and its two-hundred day simple moving average is $1,166.81. The firm has a market cap of $72.39 billion, a P/E ratio of 31.02, a PEG ratio of 2.30 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results 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). The firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. O’Reilly Automotive’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $10.72 earnings per share. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction 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 sale, the director now owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

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.