Golden State Equity Partners Has $353,000 Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Golden State Equity Partners lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 372 shares of the specialty retailer’s stock after buying an additional 16 shares during the period. Golden State Equity Partners’ holdings in O’Reilly Automotive were worth $353,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of ORLY. International Assets Investment Management LLC lifted its stake in O’Reilly Automotive by 89,319.3% in the 4th quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock valued at $621,025,000 after purchasing an additional 652,924 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in O’Reilly Automotive in the 3rd quarter valued at about $198,365,000. Assenagon Asset Management S.A. lifted its stake in O’Reilly Automotive by 269.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer’s stock valued at $205,965,000 after purchasing an additional 158,075 shares during the last quarter. Loomis Sayles & Co. L P lifted its stake in O’Reilly Automotive by 360,914.3% in the 3rd quarter. Loomis Sayles & Co. L P now owns 151,626 shares of the specialty retailer’s stock valued at $137,807,000 after purchasing an additional 151,584 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in O’Reilly Automotive by 47.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 213,648 shares of the specialty retailer’s stock valued at $194,176,000 after purchasing an additional 68,728 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at O’Reilly Automotive

In related news, CFO Jeremy Adam Fletcher sold 5,000 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the transaction, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at $2,400,380. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other O’Reilly Automotive news, Chairman David E. Oreilly sold 6,444 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total value of $6,847,394.40. Following the sale, the chairman now owns 205,095 shares in the company, valued at $217,933,947. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the completion of the sale, the chief financial officer now owns 2,335 shares in the company, valued at approximately $2,400,380. The disclosure for this sale can be found here. Insiders have sold 25,968 shares of company stock valued at $27,269,333 over the last three months. 1.55% of the stock is owned by insiders.

O’Reilly Automotive Trading Down 1.0 %

Shares of ORLY opened at $1,043.93 on Friday. The firm’s 50 day moving average is $1,097.20 and its 200-day moving average is $1,016.19. The stock has a market capitalization of $61.62 billion, a PE ratio of 26.50, a P/E/G ratio of 1.91 and a beta of 0.86. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. The business had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the firm posted $8.28 earnings per share. Equities research analysts predict that O’Reilly Automotive, Inc. will post 41.79 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ORLY has been the topic of several research analyst reports. Truist Financial lowered their price target on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a report on Friday. Royal Bank of Canada increased their price target on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a report on Friday, February 9th. Barclays increased their price target on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. Wedbush reissued a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday. Finally, Wells Fargo & Company lowered their price target on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a report on Thursday. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,106.31.

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.