O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Drive Wealth Management LLC

Drive Wealth Management LLC lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 367 shares of the specialty retailer’s stock after buying an additional 17 shares during the period. Drive Wealth Management LLC’s holdings in O’Reilly Automotive were worth $349,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ORLY. Cornerstone Planning Group LLC purchased a new position in shares of O’Reilly Automotive during the 2nd quarter worth approximately $25,000. Steward Financial Group LLC increased its position in shares of O’Reilly Automotive by 141.7% in the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 17 shares during the last quarter. Ancora Advisors LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter valued at about $30,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in O’Reilly Automotive during the 3rd quarter valued at about $34,000. Finally, Carmel Capital Partners LLC boosted its stake in O’Reilly Automotive by 1,750.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after purchasing an additional 35 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.8 %

O’Reilly Automotive stock traded up $8.97 on Tuesday, hitting $1,139.25. 148,764 shares of the stock traded hands, compared to its average volume of 375,188. O’Reilly Automotive, Inc. has a 1 year low of $851.22 and a 1 year high of $1,169.11. The business’s fifty day simple moving average is $1,074.16 and its 200 day simple moving average is $992.02. The firm has a market cap of $67.26 billion, a P/E ratio of 29.45, a price-to-earnings-growth ratio of 2.05 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last released 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. The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. O’Reilly Automotive’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the company earned $8.37 EPS. As a group, analysts predict that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ORLY. 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 research report on Friday, February 9th. Wells Fargo & Company raised their target price on shares of O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Monday, March 25th. TD Cowen raised their price target on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “outperform” rating in a research report on Friday, December 8th. Mizuho started coverage on shares of O’Reilly Automotive in a report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price objective for the company. Finally, Truist Financial boosted 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 research note on Tuesday. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,090.76.

Check Out Our Latest Report on O’Reilly Automotive

Insider Buying and Selling

In other news, Chairman David E. Oreilly sold 6,444 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the transaction, the chairman now owns 205,095 shares of the company’s stock, valued at approximately $217,933,947. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Chairman David E. Oreilly sold 6,444 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the sale, the chairman now directly owns 205,095 shares in the company, valued at approximately $217,933,947. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Doug D. Bragg sold 1,218 shares of the stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the sale, the executive vice president now owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,468 shares of company stock valued at $28,769,333. Corporate insiders own 1.55% of the company’s stock.

About O’Reilly Automotive

(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, 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.

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

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