Tokio Marine Asset Management Co. Ltd. Purchases 188 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Tokio Marine Asset Management Co. Ltd. boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.2% during the fourth quarter, Holdings Channel reports. The fund owned 16,315 shares of the specialty retailer’s stock after acquiring an additional 188 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in O’Reilly Automotive were worth $15,501,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in ORLY. Fortune Financial Advisors LLC boosted its position in 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 buying an additional 57 shares during the period. SignalPoint Asset Management LLC boosted its position in O’Reilly Automotive by 3.3% during the fourth quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock valued at $48,567,000 after buying an additional 1,642 shares during the period. NewEdge Wealth LLC boosted its position in O’Reilly Automotive by 13.6% during the fourth quarter. NewEdge Wealth LLC now owns 34,217 shares of the specialty retailer’s stock valued at $32,509,000 after buying an additional 4,101 shares during the period. HB Wealth Management LLC boosted its position in O’Reilly Automotive by 7.0% during the fourth quarter. HB Wealth Management LLC now owns 1,747 shares of the specialty retailer’s stock valued at $1,660,000 after buying an additional 114 shares during the period. Finally, LPL Financial LLC boosted its position in O’Reilly Automotive by 10.8% during the third quarter. LPL Financial LLC now owns 34,746 shares of the specialty retailer’s stock valued at $31,579,000 after buying an additional 3,385 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

ORLY traded up $0.35 on Wednesday, hitting $1,092.70. The company had a trading volume of 461,373 shares, compared to its average volume of 366,307. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11. The stock has a fifty day simple moving average of $1,097.21 and a 200-day simple moving average of $1,014.34. The firm has a market capitalization of $64.50 billion, a P/E ratio of 28.40, a P/E/G ratio of 1.98 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, topping the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.86 billion. During the same period last year, the business posted $8.37 earnings per share. O’Reilly Automotive’s quarterly revenue was up 5.1% compared to the same quarter last year. Equities research analysts expect that O’Reilly Automotive, Inc. will post 42.1 earnings per share for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the transaction, the chief financial officer now owns 2,335 shares in the company, valued at approximately $2,400,380. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CFO Jeremy Adam Fletcher sold 5,000 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the transaction, the chief financial officer now owns 2,335 shares in the company, valued at approximately $2,400,380. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman David E. Oreilly sold 10,000 shares of O’Reilly Automotive stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the transaction, the chairman now owns 216,539 shares in the company, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,968 shares of company stock valued at $27,269,333. Corporate insiders own 1.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Wedbush upped their price target on shares of O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research report on Thursday, February 8th. The Goldman Sachs Group increased their target price on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Barclays increased their target price on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a report on Thursday, January 4th. Royal Bank of Canada increased 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 report on Friday, February 9th. Finally, Truist Financial increased their target price on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,115.19.

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.