O’Reilly Automotive, Inc. (NASDAQ:ORLY) Position Increased by Golden State Equity Partners

Golden State Equity Partners increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 372 shares of the specialty retailer’s stock after purchasing an additional 16 shares during the period. Golden State Equity Partners’ holdings in O’Reilly Automotive were worth $353,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. CX Institutional increased its position in O’Reilly Automotive by 25.6% in the 3rd quarter. CX Institutional now owns 280 shares of the specialty retailer’s stock valued at $254,000 after acquiring an additional 57 shares during the period. Oak Thistle LLC acquired a new stake in O’Reilly Automotive in the 3rd quarter valued at approximately $590,000. Handelsbanken Fonder AB increased its position in O’Reilly Automotive by 2.9% in the 3rd quarter. Handelsbanken Fonder AB now owns 23,762 shares of the specialty retailer’s stock valued at $21,596,000 after acquiring an additional 664 shares during the period. TFG Advisers LLC increased its position in O’Reilly Automotive by 5.1% in the 3rd quarter. TFG Advisers LLC now owns 248 shares of the specialty retailer’s stock valued at $225,000 after acquiring an additional 12 shares during the period. Finally, U.S. Capital Wealth Advisors LLC increased its position in O’Reilly Automotive by 14.5% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 252 shares of the specialty retailer’s stock valued at $229,000 after acquiring an additional 32 shares during the period. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ORLY shares. Wells Fargo & Company lowered their target price 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. 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. Mizuho initiated coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target on the stock. Evercore ISI lowered their price target on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Wedbush reiterated a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research report on Thursday. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,106.31.

Insider Transactions at O’Reilly Automotive

In other news, SVP Jeffrey Alan Lauro sold 431 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the sale, the senior vice president now owns 963 shares of the company’s stock, valued at $1,000,200.69. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CFO Jeremy Adam Fletcher sold 5,000 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 13th. The stock was 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 of the company’s stock, valued at $2,400,380. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Jeffrey Alan Lauro sold 431 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total value of $447,649.53. Following the sale, the senior vice president now directly owns 963 shares of the company’s stock, valued at approximately $1,000,200.69. The disclosure for this sale can be found here. Insiders sold a total of 25,968 shares of company stock valued at $27,269,333 over the last quarter. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Down 1.0 %

Shares of O’Reilly Automotive stock opened at $1,043.93 on Friday. The stock has a market cap of $61.62 billion, a PE ratio of 26.50, a price-to-earnings-growth ratio of 1.91 and a beta of 0.86. The business has a fifty day simple moving average of $1,097.20 and a 200-day simple moving average of $1,016.19. 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 issued its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS 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%. O’Reilly Automotive’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm posted $8.28 earnings per share. Analysts expect that O’Reilly Automotive, Inc. will post 41.79 EPS for the current fiscal year.

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.