O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Position Raised by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC grew its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 8.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,846 shares of the specialty retailer’s stock after buying an additional 212 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in O’Reilly Automotive were worth $3,375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Cyndeo Wealth Partners LLC raised its position in O’Reilly Automotive by 6.1% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 2,661 shares of the specialty retailer’s stock valued at $3,155,000 after acquiring an additional 153 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of O’Reilly Automotive by 320.0% during the 4th quarter. Exchange Traded Concepts LLC now owns 3,591 shares of the specialty retailer’s stock valued at $4,258,000 after purchasing an additional 2,736 shares in the last quarter. CX Institutional raised its holdings in shares of O’Reilly Automotive by 10.6% during the 4th quarter. CX Institutional now owns 261 shares of the specialty retailer’s stock valued at $309,000 after purchasing an additional 25 shares in the last quarter. Private Capital Advisors Inc. acquired a new stake in shares of O’Reilly Automotive in the 4th quarter valued at $242,000. Finally, Hengehold Capital Management LLC boosted its holdings in O’Reilly Automotive by 36.9% in the fourth quarter. Hengehold Capital Management LLC now owns 367 shares of the specialty retailer’s stock worth $435,000 after purchasing an additional 99 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction dated 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 directly owns 5 shares in the company, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was 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 of the company’s stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

Analysts Set New Price Targets

ORLY has been the topic of several recent research reports. TD Cowen raised their target price on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. BMO Capital Markets assumed coverage on O’Reilly Automotive in a report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price target on the stock. JPMorgan Chase & Co. boosted their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Finally, Wells Fargo & Company raised 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 note on Monday, October 14th. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $1,295.94.

O’Reilly Automotive Trading Down 0.6 %

Shares of NASDAQ ORLY opened at $1,254.00 on Friday. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,283.96. The firm has a market capitalization of $72.39 billion, a price-to-earnings ratio of 31.02, a PEG ratio of 2.30 and a beta of 0.94. The business has a fifty day simple moving average of $1,225.18 and a 200 day simple moving average of $1,168.42.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data 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). The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $10.72 earnings per share. On average, research analysts anticipate that O’Reilly Automotive, Inc. will post 40.86 earnings per share 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.