Meadow Creek Wealth Advisors LLC Has $326,000 Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Meadow Creek Wealth Advisors LLC increased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.2% during the fourth quarter, HoldingsChannel reports. The fund owned 275 shares of the specialty retailer’s stock after acquiring an additional 11 shares during the quarter. Meadow Creek Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $326,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in ORLY. Assetmark Inc. raised its holdings in shares of O’Reilly Automotive by 20.8% in the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after purchasing an additional 3,193 shares during the last quarter. Annex Advisory Services LLC increased its stake in O’Reilly Automotive by 23.2% in the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock valued at $40,349,000 after buying an additional 6,418 shares during the last quarter. CIBC Asset Management Inc lifted its position in shares of O’Reilly Automotive by 4.7% during the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock worth $22,568,000 after buying an additional 882 shares in the last quarter. Montecito Bank & Trust purchased a new position in shares of O’Reilly Automotive in the 4th quarter worth approximately $365,000. Finally, Eastern Bank bought a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $19,786,000. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on ORLY shares. Guggenheim boosted their price objective on O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a “buy” rating in a research report on Friday, January 24th. Truist Financial boosted their price target on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Barclays raised their price objective on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a report on Thursday, January 9th. Wedbush reiterated a “neutral” rating and issued a $1,200.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Finally, Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $1,150.00 to $1,450.00 in a research note on Tuesday, January 21st. Two equities research 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $1,301.82.

O’Reilly Automotive Trading Up 1.1 %

Shares of NASDAQ:ORLY opened at $1,348.24 on Thursday. The company has a 50 day moving average of $1,236.84 and a 200 day moving average of $1,183.37. The stock has a market cap of $77.83 billion, a P/E ratio of 33.36, a P/E/G ratio of 2.40 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. On average, equities analysts forecast that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the sale, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction 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 completion of the transaction, the director now owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.18% of the company’s stock.

About O’Reilly Automotive

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.