Monte Financial Group LLC Sells 21 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Monte Financial Group LLC lessened its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 809 shares of the specialty retailer’s stock after selling 21 shares during the period. Monte Financial Group LLC’s holdings in O’Reilly Automotive were worth $959,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the business. Darwin Wealth Management LLC acquired a new position in O’Reilly Automotive during the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC grew its position in O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after acquiring an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive in the third quarter valued at about $37,000. Princeton Global Asset Management LLC bought a new stake in O’Reilly Automotive during the 3rd quarter worth approximately $41,000. Finally, Retirement Wealth Solutions LLC acquired a new position in O’Reilly Automotive during the 4th quarter worth about $46,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Down 0.6 %

Shares of O’Reilly Automotive stock opened at $1,254.00 on Friday. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,283.96. The business’s fifty day simple moving average is $1,225.18 and its 200 day simple moving average is $1,168.42. The firm has a market capitalization of $72.39 billion, a P/E ratio of 31.02, a price-to-earnings-growth ratio of 2.30 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter in the previous year, the company posted $10.72 earnings per share. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. Analysts predict that O’Reilly Automotive, Inc. will post 40.86 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ORLY. Royal Bank of Canada increased their target price on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Wedbush reiterated a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a report on Thursday, October 24th. BMO Capital Markets started coverage on O’Reilly Automotive in a research report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 target price on the stock. TD Cowen boosted their price target on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, Wells Fargo & Company boosted their target price on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Two investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Buy” and a consensus price target of $1,295.94.

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.