O’Reilly Automotive, Inc. (NASDAQ:ORLY) Position Trimmed by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 45.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 638 shares of the specialty retailer’s stock after selling 542 shares during the quarter. Legacy Capital Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $757,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Creative Planning grew its stake in shares of O’Reilly Automotive by 4.4% in the 3rd quarter. Creative Planning now owns 21,352 shares of the specialty retailer’s stock valued at $24,589,000 after buying an additional 899 shares in the last quarter. Vontobel Holding Ltd. grew its stake in shares of O’Reilly Automotive by 22.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 899 shares of the specialty retailer’s stock valued at $1,035,000 after buying an additional 162 shares in the last quarter. Trust Co. of Vermont grew its stake in shares of O’Reilly Automotive by 7.7% in the 3rd quarter. Trust Co. of Vermont now owns 168 shares of the specialty retailer’s stock valued at $193,000 after buying an additional 12 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of O’Reilly Automotive by 0.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,284 shares of the specialty retailer’s stock valued at $8,388,000 after buying an additional 27 shares in the last quarter. Finally, Aaron Wealth Advisors LLC grew its stake in shares of O’Reilly Automotive by 52.3% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 367 shares of the specialty retailer’s stock valued at $423,000 after buying an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Maria Sastre sold 248 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total value of $326,410.16. Following the sale, the director now directly owns 971 shares in the company, valued at $1,278,001.07. This represents a 20.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction on 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 owns 700 shares in the company, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,968 shares of company stock worth $2,492,394. 1.55% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Evercore ISI boosted their price target on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Guggenheim boosted their price target on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Royal Bank of Canada upped their target price on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. TD Cowen upped their target price on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Finally, Mizuho upped their target price on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $1,390.81.

O’Reilly Automotive Trading Down 1.3 %

Shares of NASDAQ ORLY opened at $1,318.80 on Friday. The business has a fifty day simple moving average of $1,249.77 and a 200 day simple moving average of $1,195.62. The firm has a market capitalization of $76.13 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. On average, research analysts anticipate that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current fiscal year.

About O’Reilly Automotive

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.