Certuity LLC Takes $285,000 Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Certuity LLC bought a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 300 shares of the specialty retailer’s stock, valued at approximately $285,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ORLY. Fortune Financial Advisors LLC grew its position in O’Reilly Automotive by 2.4% in the 4th quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock worth $2,325,000 after purchasing an additional 57 shares during the last quarter. SignalPoint Asset Management LLC increased its stake in O’Reilly Automotive by 3.3% during the fourth quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock valued at $48,567,000 after acquiring an additional 1,642 shares during the period. Duality Advisers LP acquired a new position in O’Reilly Automotive in the 4th quarter valued at approximately $924,000. NewEdge Wealth LLC raised its holdings in O’Reilly Automotive by 13.6% in the 4th quarter. NewEdge Wealth LLC now owns 34,217 shares of the specialty retailer’s stock valued at $32,509,000 after acquiring an additional 4,101 shares in the last quarter. Finally, HB Wealth Management LLC lifted its position in shares of O’Reilly Automotive by 7.0% in the 4th quarter. HB Wealth Management LLC now owns 1,747 shares of the specialty retailer’s stock worth $1,660,000 after acquiring an additional 114 shares during the period. Institutional investors own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the subject of a number of recent research reports. Wells Fargo & Company cut their target price on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research note on Thursday, April 25th. The Goldman Sachs Group increased their price objective on shares of 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. Mizuho initiated coverage on shares of O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 target price on the stock. Wedbush reissued a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a research report on Thursday, April 25th. Finally, StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Three equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,110.07.

Insiders Place Their Bets

In other news, Director John Raymond Murphy sold 269 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total value of $279,566.32. Following the transaction, the director now directly owns 950 shares in the company, valued at approximately $987,316. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director John Raymond Murphy sold 269 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the transaction, the director now directly owns 950 shares of the company’s stock, valued at $987,316. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the completion of the transaction, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at $2,400,380. The disclosure for this sale can be found here. In the last three months, insiders sold 25,968 shares of company stock valued at $27,269,333. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $1,005.11 on Thursday. The stock has a fifty day moving average price of $1,095.77 and a two-hundred day moving average price of $1,018.24. The company has a market cap of $59.33 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 1.91 and a beta of 0.90. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating the consensus estimate of $9.18 by $0.02. The business had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. O’Reilly Automotive’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $8.28 earnings per share. As a group, research analysts predict that O’Reilly Automotive, Inc. will post 41.92 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.