CreativeOne Wealth LLC lifted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 5.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 397 shares of the specialty retailer’s stock after buying an additional 20 shares during the quarter. CreativeOne Wealth LLC’s holdings in O’Reilly Automotive were worth $377,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in ORLY. Norges Bank acquired a new position in O’Reilly Automotive during the 4th quarter worth approximately $671,384,000. International Assets Investment Management LLC increased its holdings in O’Reilly Automotive by 89,319.3% in the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock valued at $621,025,000 after buying an additional 652,924 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in O’Reilly Automotive in the third quarter valued at $198,365,000. Assenagon Asset Management S.A. raised its stake in O’Reilly Automotive by 269.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer’s stock valued at $205,965,000 after buying an additional 158,075 shares in the last quarter. Finally, Loomis Sayles & Co. L P lifted its holdings in O’Reilly Automotive by 360,914.3% during the 3rd quarter. Loomis Sayles & Co. L P now owns 151,626 shares of the specialty retailer’s stock worth $137,807,000 after buying an additional 151,584 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on the company. Truist Financial dropped their price objective on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a report on Friday, April 26th. Wells Fargo & Company cut their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a report on Thursday, April 25th. The Goldman Sachs Group boosted their price objective on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. UBS Group lifted their price target on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Finally, Royal Bank of Canada upped their price objective on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a research note on Friday, February 9th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,123.64.
Read Our Latest Stock Analysis on O’Reilly Automotive
O’Reilly Automotive Trading Down 1.6 %
O’Reilly Automotive stock opened at $975.87 on Friday. The stock has a 50 day moving average of $1,071.74 and a two-hundred day moving average of $1,027.33. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11. The stock has a market capitalization of $57.47 billion, a price-to-earnings ratio of 24.77, a PEG ratio of 1.82 and a beta of 0.90.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The firm had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same period last year, the firm posted $8.28 EPS. O’Reilly Automotive’s quarterly revenue was up 7.2% on a year-over-year basis. Equities analysts predict that O’Reilly Automotive, Inc. will post 41.93 earnings per share for the current year.
Insider Buying and Selling
In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now owns 716 shares in the company, valued at approximately $726,740. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the sale, the chief executive officer now directly owns 716 shares in the company, valued at $726,740. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Doug D. Bragg sold 1,218 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the sale, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at approximately $5,884,566.82. The disclosure for this sale can be found here. Insiders sold 13,694 shares of company stock valued at $14,265,266 over the last ninety days. Corporate insiders own 1.55% of the company’s stock.
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.
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