O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Spire Wealth Management

Spire Wealth Management grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 21.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,771 shares of the specialty retailer’s stock after acquiring an additional 1,207 shares during the quarter. Spire Wealth Management’s holdings in O’Reilly Automotive were worth $6,960,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its stake in shares of O’Reilly Automotive by 2.4% in the third quarter. Commonwealth Equity Services LLC now owns 10,232 shares of the specialty retailer’s stock valued at $9,300,000 after buying an additional 240 shares in the last quarter. Lindbrook Capital LLC grew its stake in shares of O’Reilly Automotive by 22.7% in the third quarter. Lindbrook Capital LLC now owns 254 shares of the specialty retailer’s stock valued at $231,000 after buying an additional 47 shares in the last quarter. Verdence Capital Advisors LLC grew its stake in shares of O’Reilly Automotive by 20.7% in the third quarter. Verdence Capital Advisors LLC now owns 315 shares of the specialty retailer’s stock valued at $286,000 after buying an additional 54 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of O’Reilly Automotive by 56.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,604 shares of the specialty retailer’s stock valued at $15,091,000 after buying an additional 5,986 shares in the last quarter. Finally, Brighton Jones LLC grew its stake in shares of O’Reilly Automotive by 5.6% in the third quarter. Brighton Jones LLC now owns 456 shares of the specialty retailer’s stock valued at $414,000 after buying an additional 24 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Up 0.3 %

Shares of NASDAQ ORLY traded up $3.14 during mid-day trading on Monday, reaching $1,016.09. The company had a trading volume of 348,325 shares, compared to its average volume of 377,116. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The stock has a market cap of $59.98 billion, a PE ratio of 25.71, a P/E/G ratio of 1.91 and a beta of 0.90. The company has a 50-day moving average price of $1,093.90 and a two-hundred day moving average price of $1,019.76.

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

Analyst Ratings Changes

A number of brokerages recently commented on ORLY. StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday. Wedbush reissued a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday, April 25th. Mizuho began coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target for the company. Royal Bank of Canada increased their price target on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a report on Friday, February 9th. Finally, UBS Group increased their price target on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, April 17th. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,110.07.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the transaction, the chief financial officer now owns 2,335 shares in the company, valued at $2,400,380. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other O’Reilly Automotive news, CFO Jeremy Adam Fletcher sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was 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 owns 2,335 shares of the company’s stock, valued at approximately $2,400,380. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Doug D. Bragg sold 1,218 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at approximately $5,884,566.82. The disclosure for this sale can be found here. Insiders have sold 25,968 shares of company stock worth $27,269,333 over the last 90 days. 1.18% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Company 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.