B. Riley Wealth Advisors Inc. Decreases Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

B. Riley Wealth Advisors Inc. cut its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,490 shares of the specialty retailer’s stock after selling 87 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in O’Reilly Automotive were worth $1,714,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Asset Dedication LLC raised its holdings in shares of O’Reilly Automotive by 6.2% during the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock valued at $178,000 after buying an additional 9 shares during the period. Marks Group Wealth Management Inc raised its stake 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 purchasing an additional 9 shares during the period. Venturi Wealth Management LLC lifted its position in shares of O’Reilly Automotive by 8.5% during the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after purchasing an additional 9 shares in the last quarter. Metis Global Partners LLC boosted 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 purchasing an additional 9 shares during the period. Finally, L.M. Kohn & Company grew its holdings in O’Reilly Automotive by 1.4% during the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after purchasing an additional 9 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.1 %

Shares of O’Reilly Automotive stock opened at $1,268.86 on Tuesday. O’Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,283.96. The stock has a market capitalization of $73.25 billion, a price-to-earnings ratio of 31.39, a PEG ratio of 2.58 and a beta of 0.93. The business’s 50 day simple moving average is $1,215.48 and its 200-day simple moving average is $1,131.37.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the business earned $10.72 earnings per share. O’Reilly Automotive’s quarterly revenue was up 3.8% on a year-over-year basis. Sell-side analysts predict that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. DA Davidson reiterated a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 24th. StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Monday. Wedbush restated a “neutral” rating and set a $1,200.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. JPMorgan Chase & Co. upped their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, Wells Fargo & Company raised their price target on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. Three investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,257.00.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the sale, the director now directly owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by company insiders.

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.