Tandem Investment Advisors Inc. Has $6.08 Million Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Tandem Investment Advisors Inc. cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 22.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,128 shares of the specialty retailer’s stock after selling 1,488 shares during the quarter. Tandem Investment Advisors Inc.’s holdings in O’Reilly Automotive were worth $6,081,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ORLY. Wellington Management Group LLP boosted its position in O’Reilly Automotive by 73.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after buying an additional 728,040 shares during the period. Geode Capital Management LLC boosted its stake in shares of O’Reilly Automotive by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock valued at $1,700,513,000 after purchasing an additional 24,135 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of O’Reilly Automotive by 99,957.0% during the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after buying an additional 853,633 shares during the period. Massachusetts Financial Services Co. MA raised its stake in O’Reilly Automotive by 28.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock worth $692,816,000 after buying an additional 133,139 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its position in shares of O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock worth $5,393,000 after acquiring an additional 482,670 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of the firm’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total value of $662,500.00. Following the completion of the sale, the senior vice president now directly owns 275 shares of the company’s stock, valued at $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company’s 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 transaction, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,368 shares of company stock valued at $1,757,952. 1.55% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on ORLY. Royal Bank of Canada lifted their price objective on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Truist Financial lifted their price target on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research report on Friday, October 25th. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Finally, Evercore ISI lifted their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, O’Reilly Automotive has an average rating of “Buy” and an average price target of $1,390.81.

O’Reilly Automotive Stock Up 1.3 %

Shares of NASDAQ ORLY opened at $1,312.44 on Friday. The company has a market capitalization of $75.77 billion, a PE ratio of 32.28, a PEG ratio of 2.31 and a beta of 0.94. The stock’s 50 day moving average price is $1,253.03 and its 200-day moving average price is $1,200.38. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data 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%. As a group, research analysts expect that O’Reilly Automotive, Inc. will post 44.01 EPS for the current fiscal 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.