Advisory Alpha LLC raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 215 shares of the specialty retailer’s stock after buying an additional 9 shares during the quarter. Advisory Alpha LLC’s holdings in O’Reilly Automotive were worth $255,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in ORLY. Darwin Wealth Management LLC acquired a new position 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 valued at $33,000 after acquiring an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of O’Reilly Automotive during the third quarter valued at approximately $37,000. Princeton Global Asset Management LLC bought a new stake in shares of O’Reilly Automotive during the third quarter valued at approximately $41,000. Finally, Retirement Wealth Solutions LLC bought a new stake in shares of O’Reilly Automotive during the fourth quarter valued at approximately $46,000. 85.00% of the stock is owned by institutional investors and hedge funds.
O’Reilly Automotive Stock Performance
Shares of ORLY opened at $1,261.62 on Friday. The stock’s 50-day simple moving average is $1,223.62 and its 200 day simple moving average is $1,166.15. The stock has a market capitalization of $72.83 billion, a price-to-earnings ratio of 31.21, a price-to-earnings-growth ratio of 2.30 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,283.96.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on ORLY shares. Truist Financial boosted their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $1,150.00 to $1,450.00 in a report on Tuesday. Barclays upped their price target on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a report on Thursday, January 9th. Wells Fargo & Company upped their price target on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. Finally, StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday. Two research 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 stock. Based on data from MarketBeat, O’Reilly Automotive presently has an average rating of “Buy” and an average target price of $1,289.44.
Read Our Latest Stock Report on O’Reilly Automotive
Insider Buying and Selling at O’Reilly Automotive
In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.
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.
Read More
- Five stocks we like better than O’Reilly Automotive
- What is the S&P/TSX Index?
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- Transportation Stocks Investing
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- Investing in Commodities: What Are They? How to Invest in Them
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.