Corient Private Wealth LLC Has $50.22 Million Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Corient Private Wealth LLC raised its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 301.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 52,859 shares of the specialty retailer’s stock after buying an additional 39,695 shares during the quarter. Corient Private Wealth LLC’s holdings in O’Reilly Automotive were worth $50,220,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Washington Trust Advisors Inc. raised its stake in shares of O’Reilly Automotive by 31.0% in the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after purchasing an additional 13 shares in the last quarter. Financial Management Professionals Inc. raised its stake in shares of O’Reilly Automotive by 29.5% in the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after purchasing an additional 13 shares in the last quarter. First Financial Corp IN raised its stake in shares of O’Reilly Automotive by 38.6% in the fourth quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock valued at $58,000 after purchasing an additional 17 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC raised its stake in shares of O’Reilly Automotive by 81.1% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer’s stock valued at $63,000 after purchasing an additional 30 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its stake in shares of O’Reilly Automotive by 28.6% in the fourth quarter. Venturi Wealth Management LLC now owns 81 shares of the specialty retailer’s stock valued at $77,000 after purchasing an additional 18 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on the company. The Goldman Sachs Group upped their target price on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research note on Friday, February 9th. Evercore ISI upped their price target on O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the company an “outperform” rating in a research report on Tuesday, May 14th. Wells Fargo & Company lowered their price target on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research report on Thursday, April 25th. Truist Financial lowered their price target on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. Finally, UBS Group upped their price target on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus target price of $1,123.64.

Get Our Latest Research Report on ORLY

O’Reilly Automotive Stock Up 0.5 %

Shares of NASDAQ ORLY traded up $4.65 during midday trading on Wednesday, hitting $1,000.24. 25,601 shares of the company’s stock were exchanged, compared to its average volume of 373,028. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The company’s 50 day moving average price is $1,076.76 and its 200 day moving average price is $1,027.94. The firm has a market capitalization of $58.90 billion, a PE ratio of 25.27, a price-to-earnings-growth ratio of 1.87 and a beta of 0.90.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping the consensus estimate of $9.18 by $0.02. The business had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the firm posted $8.28 EPS. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 41.93 EPS for the current year.

Insider Buying and Selling

In related news, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the completion of the sale, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at approximately $5,884,566.82. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the transaction, the chief executive officer now directly owns 716 shares of the company’s stock, valued at approximately $726,740. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction on 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 transaction, the executive vice president now directly 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 ninety days, insiders sold 13,694 shares of company stock valued at $14,265,266. Insiders own 1.18% 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, 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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