O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stake Raised by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,232 shares of the specialty retailer’s stock after acquiring an additional 215 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in O’Reilly Automotive were worth $3,833,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Pelham Capital Ltd. lifted its position in shares of O’Reilly Automotive by 21.1% in the fourth quarter. Pelham Capital Ltd. now owns 12,970 shares of the specialty retailer’s stock worth $15,380,000 after purchasing an additional 2,256 shares in the last quarter. Howland Capital Management LLC increased its stake in O’Reilly Automotive by 1.4% in the 4th quarter. Howland Capital Management LLC now owns 27,868 shares of the specialty retailer’s stock valued at $33,046,000 after buying an additional 384 shares during the period. Quotient Wealth Partners LLC lifted its position in O’Reilly Automotive by 7.6% in the 4th quarter. Quotient Wealth Partners LLC now owns 383 shares of the specialty retailer’s stock worth $455,000 after buying an additional 27 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of O’Reilly Automotive by 17.2% during the 4th quarter. Empowered Funds LLC now owns 5,274 shares of the specialty retailer’s stock valued at $6,254,000 after buying an additional 774 shares during the period. Finally, Forbes J M & Co. LLP grew its holdings in shares of O’Reilly Automotive by 0.3% during the 4th quarter. Forbes J M & Co. LLP now owns 4,652 shares of the specialty retailer’s stock valued at $5,516,000 after acquiring an additional 16 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In related news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated 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 transaction, the director now directly owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by insiders.

Analyst Ratings Changes

ORLY has been the subject of several recent research reports. Evercore ISI increased their price objective on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Mizuho lifted their price target on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a report on Friday. Royal Bank of Canada boosted their price target on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a research note on Friday. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Finally, Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

O’Reilly Automotive Stock Performance

O’Reilly Automotive stock opened at $1,310.02 on Tuesday. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,350.27. The firm has a market capitalization of $75.63 billion, a PE ratio of 32.22, a PEG ratio of 2.50 and a beta of 0.94. The business’s 50-day simple moving average is $1,242.12 and its 200-day simple moving average is $1,189.28.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Research analysts forecast that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current 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.