Diversified Trust Co purchased a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 542 shares of the specialty retailer’s stock, valued at approximately $457,000.
Other hedge funds have also recently made changes to their positions in the company. Riverview Trust Co lifted its stake in O’Reilly Automotive by 56.5% in the third quarter. Riverview Trust Co. now owns 36 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 13 shares during the period. Northern Oak Wealth Management Inc. bought a new position in shares of O’Reilly Automotive during the second quarter valued at approximately $40,000. New Millennium Group LLC bought a new position in shares of O’Reilly Automotive during the second quarter valued at approximately $46,000. Legacy Bridge LLC boosted its stake in shares of O’Reilly Automotive by 180.0% during the fourth quarter. Legacy Bridge LLC now owns 56 shares of the specialty retailer’s stock valued at $47,000 after purchasing an additional 36 shares in the last quarter. Finally, Central Bank & Trust Co. bought a new position in shares of O’Reilly Automotive during the third quarter valued at approximately $55,000. 90.50% of the stock is currently owned by institutional investors.
O’Reilly Automotive Trading Up 1.2 %
NASDAQ:ORLY opened at $810.76 on Monday. O’Reilly Automotive, Inc. has a 12 month low of $562.90 and a 12 month high of $873.94. The firm has a fifty day simple moving average of $820.42 and a 200-day simple moving average of $801.06. The company has a market capitalization of $50.13 billion, a P/E ratio of 24.21, a PEG ratio of 1.71 and a beta of 0.88.
O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last posted its quarterly earnings data on Wednesday, February 8th. The specialty retailer reported $8.37 EPS for the quarter, topping the consensus estimate of $7.71 by $0.66. O’Reilly Automotive had a net margin of 15.08% and a negative return on equity of 234.76%. The business had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.50 billion. During the same period in the previous year, the firm posted $7.64 earnings per share. The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. Equities analysts forecast that O’Reilly Automotive, Inc. will post 36.62 EPS for the current year.
Insider Buying and Selling
In related news, SVP Jeffrey Alan Lauro sold 500 shares of the firm’s stock in a transaction on Friday, February 24th. The shares were sold at an average price of $834.31, for a total transaction of $417,155.00. Following the completion of the transaction, the senior vice president now owns 768 shares of the company’s stock, valued at $640,750.08. The sale was disclosed in a filing with the SEC, which is available on the SEC website. 1.73% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on ORLY. Stephens reiterated an “overweight” rating and set a $900.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, February 9th. MKM Partners increased their price objective on shares of O’Reilly Automotive from $865.00 to $900.00 in a research note on Friday, December 9th. Truist Financial increased their price objective on shares of O’Reilly Automotive from $892.00 to $921.00 and gave the company a “buy” rating in a research note on Friday, February 10th. Morgan Stanley increased their price objective on shares of O’Reilly Automotive from $780.00 to $830.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 17th. Finally, Wells Fargo & Company raised their target price on shares of O’Reilly Automotive from $850.00 to $925.00 and gave the company an “overweight” rating in a research note on Thursday, January 5th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating for the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $859.60.
O’Reilly Automotive Profile
O’Reilly Automotive, Inc owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the US, serving both professional installers and do-it-yourself customers. It provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts, maintenance items consisting of oil, antifreeze products, fluids, filters, lighting products, engine additives, and appearance products, and accessories, such as floor mats, seat covers, and truck accessories.
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