Valley Wealth Managers Inc. Has $282,000 Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Valley Wealth Managers Inc. boosted its position in O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 4.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 310 shares of the specialty retailer’s stock after acquiring an additional 12 shares during the period. Valley Wealth Managers Inc.’s holdings in O’Reilly Automotive were worth $282,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ORLY. Cibc World Market Inc. increased its position in shares of O’Reilly Automotive by 305.4% during the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer’s stock valued at $2,213,000 after buying an additional 2,434 shares during the period. Sei Investments Co. increased its position in shares of O’Reilly Automotive by 51.3% during the first quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer’s stock valued at $10,894,000 after buying an additional 5,376 shares during the period. Prudential PLC bought a new stake in shares of O’Reilly Automotive during the first quarter valued at about $1,847,000. Cetera Investment Advisers increased its position in shares of O’Reilly Automotive by 48.9% during the first quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer’s stock valued at $1,343,000 after buying an additional 644 shares during the period. Finally, Moors & Cabot Inc. increased its position in shares of O’Reilly Automotive by 11.4% during the first quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer’s stock valued at $262,000 after buying an additional 39 shares during the period. 82.92% of the stock is currently owned by institutional investors.

O’Reilly Automotive Price Performance

Shares of ORLY opened at $1,026.39 on Tuesday. The firm has a market cap of $60.72 billion, a P/E ratio of 26.67, a P/E/G ratio of 1.79 and a beta of 0.86. The stock has a 50 day simple moving average of $982.51 and a two-hundred day simple moving average of $955.03. O’Reilly Automotive, Inc. has a 1 year low of $795.74 and a 1 year high of $1,074.04.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last announced its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same quarter in the previous year, the company posted $8.37 earnings per share. The business’s revenue was up 5.1% on a year-over-year basis. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post 42.15 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ORLY. The Goldman Sachs Group upped their price target on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research report on Friday. StockNews.com cut O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Truist Financial boosted their price objective on O’Reilly Automotive from $1,080.00 to $1,149.00 and gave the stock a “buy” rating in a report on Friday. TD Cowen boosted their price objective on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “outperform” rating in a report on Friday, December 8th. Finally, Wells Fargo & Company boosted their price objective on O’Reilly Automotive from $1,125.00 to $1,200.00 and gave the stock an “overweight” rating in a report on Thursday, February 8th. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,056.44.

Read Our Latest Research Report on O’Reilly Automotive

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director Dana Perlman sold 100 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $974.24, for a total value of $97,424.00. Following the completion of the sale, the director now owns 1,197 shares in the company, valued at $1,166,165.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, SVP Christopher Andrew Mancini sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total transaction of $1,500,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Dana Perlman sold 100 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $974.24, for a total value of $97,424.00. Following the transaction, the director now owns 1,197 shares of the company’s stock, valued at approximately $1,166,165.28. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Company Profile

(Free Report)

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 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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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