O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Holdings Increased by Mattern Capital Management LLC

Mattern Capital Management LLC lifted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 333 shares of the specialty retailer’s stock after purchasing an additional 13 shares during the quarter. Mattern Capital Management LLC’s holdings in O’Reilly Automotive were worth $395,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Marks Group Wealth Management Inc lifted its holdings in shares of O’Reilly Automotive by 1.5% during the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after acquiring an additional 9 shares during the period. Venturi Wealth Management LLC increased its stake in shares of O’Reilly Automotive by 8.5% in the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock valued at $132,000 after buying an additional 9 shares in the last quarter. Metis Global Partners LLC increased its stake in shares of O’Reilly Automotive by 0.5% in the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after buying an additional 9 shares in the last quarter. L.M. Kohn & Company increased its stake in shares of O’Reilly Automotive by 1.4% in the third quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after buying an additional 9 shares in the last quarter. Finally, Advisory Alpha LLC increased its position in O’Reilly Automotive by 4.4% in the fourth quarter. Advisory Alpha LLC now owns 215 shares of the specialty retailer’s stock worth $255,000 after purchasing an additional 9 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on ORLY shares. BMO Capital Markets lifted their price objective on O’Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Wells Fargo & Company boosted their target price on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. Truist Financial boosted their target price on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $1,390.81.

O’Reilly Automotive Trading Up 1.3 %

ORLY stock opened at $1,312.44 on Friday. The business’s 50 day simple moving average is $1,253.03 and its 200 day simple moving average is $1,200.38. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,350.27. The firm has a market capitalization of $75.77 billion, a PE ratio of 32.28, a PEG ratio of 2.31 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data 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%. As a group, sell-side analysts predict that O’Reilly Automotive, Inc. will post 44.01 EPS for the current fiscal year.

Insider Activity

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Maria Sastre sold 248 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the transaction, the director now owns 971 shares of the company’s stock, valued at $1,278,001.07. This represents a 20.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 1,368 shares of company stock worth $1,757,952. 1.55% of the stock is currently owned by company insiders.

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.