Foster Victor Wealth Advisors LLC increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 4.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 217,854 shares of the specialty retailer’s stock after purchasing an additional 10,049 shares during the quarter. Foster Victor Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $19,404,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of the stock. Mainstream Capital Management LLC lifted its stake in O’Reilly Automotive by 0.9% in the first quarter. Mainstream Capital Management LLC now owns 12,630 shares of the specialty retailer’s stock valued at $1,166,000 after buying an additional 109 shares in the last quarter. Kohmann Bosshard Financial Services LLC boosted its holdings in shares of O’Reilly Automotive by 54.3% in the first quarter. Kohmann Bosshard Financial Services LLC now owns 324 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 114 shares during the period. WealthBridge Capital Management LLC increased its position in shares of O’Reilly Automotive by 1.6% during the third quarter. WealthBridge Capital Management LLC now owns 8,106 shares of the specialty retailer’s stock worth $692,000 after acquiring an additional 125 shares in the last quarter. Pointe Capital Management LLC increased its position in shares of O’Reilly Automotive by 1.2% during the second quarter. Pointe Capital Management LLC now owns 10,447 shares of the specialty retailer’s stock worth $962,000 after acquiring an additional 127 shares in the last quarter. Finally, Louisbourg Investments Inc. increased its position in shares of O’Reilly Automotive by 49.2% during the first quarter. Louisbourg Investments Inc. now owns 391 shares of the specialty retailer’s stock worth $36,000 after acquiring an additional 129 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.
O’Reilly Automotive Stock Performance
Shares of O’Reilly Automotive stock opened at $89.20 on Thursday. The firm has a market cap of $72.16 billion, a PE ratio of 28.41, a P/E/G ratio of 2.23 and a beta of 0.54. The business’s 50 day simple moving average is $87.26 and its 200 day simple moving average is $89.18. O’Reilly Automotive, Inc. has a 52-week low of $82.59 and a 52-week high of $102.46.
Wall Street Analysts Forecast Growth
ORLY has been the topic of a number of research analyst reports. BNP Paribas Exane dropped their price objective on shares of O’Reilly Automotive from $116.00 to $115.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. Wells Fargo & Company set a $100.00 price objective on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research report on Friday, July 24th. Weiss Ratings lowered shares of O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, August 27th. Wolfe Research set a $98.00 target price on shares of O’Reilly Automotive in a research note on Wednesday, July 15th. Finally, TD Cowen lowered their target price on O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating for the company in a report on Friday, July 31st. Sixteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average target price of $107.32.
View Our Latest Research Report on O’Reilly Automotive
Insider Transactions at O’Reilly Automotive
In other O’Reilly Automotive news, SVP Christopher Mancini sold 3,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total transaction of $279,000.00. Following the sale, the senior vice president directly owned 189 shares of the company’s stock, valued at $17,577. The trade was a 94.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Maria Sastre sold 2,000 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total transaction of $183,700.00. Following the transaction, the director owned 14,970 shares of the company’s stock, valued at approximately $1,374,994.50. This represents a 11.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,000 shares of company stock valued at $550,530 over the last 90 days. 0.77% of the stock is owned by corporate insiders.
About O’Reilly Automotive
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves both do-it-yourself customers and professional service technicians, offering products used for vehicle maintenance, repair and customization. Its merchandise includes replacement parts, batteries, filters, lighting products, shop equipment, automotive chemicals and related accessories.
Founded in 1957 by the O’Reilly family, the company began as a single store in Springfield, Missouri.
Read More
- Five stocks we like better than O’Reilly Automotive
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.
