O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 51.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,075 shares of the specialty retailer’s stock after acquiring an additional 366 shares during the period. Citizens Financial Group Inc. RI’s holdings in O’Reilly Automotive were worth $1,275,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive in the 4th quarter valued at about $30,000. Darwin Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $32,000. Kestra Investment Management LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter worth about $32,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $37,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter worth about $46,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Chairman Gregory L. Henslee sold 3,073 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now owns 11,397 shares in the company, valued at $14,988,764.55. This trade represents a 21.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Mark Joseph Merz sold 500 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the sale, the senior vice president now owns 275 shares in the company, valued at $364,375. This represents a 64.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 7,894 shares of company stock worth $10,409,618 over the last 90 days. Company insiders own 1.18% of the company’s stock.

O’Reilly Automotive Stock Down 1.1 %

ORLY opened at $1,309.29 on Thursday. The firm has a market capitalization of $74.99 billion, a P/E ratio of 32.20, a P/E/G ratio of 2.34 and a beta of 0.91. The firm’s 50 day moving average is $1,286.52 and its 200-day moving average is $1,222.22. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,389.05.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ORLY has been the topic of several analyst reports. Royal Bank of Canada raised their price target on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Guggenheim reaffirmed a “buy” rating and set a $1,475.00 price target on shares of O’Reilly Automotive in a research note on Monday. 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 research note on Friday, February 7th. Evercore ISI increased their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Finally, Mizuho increased their price objective on shares of 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. 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $1,390.81.

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.