Baker Tilly Wealth Management LLC Grows Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Baker Tilly Wealth Management LLC raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.9% during the fourth quarter, Holdings Channel reports. The fund owned 718 shares of the specialty retailer’s stock after acquiring an additional 27 shares during the period. Baker Tilly Wealth Management LLC’s holdings in O’Reilly Automotive were worth $851,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of ORLY. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter worth $32,000. Trifecta Capital Advisors LLC grew its holdings in O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in O’Reilly Automotive in the third quarter worth about $37,000. Princeton Global Asset Management LLC purchased a new position in shares of O’Reilly Automotive during the 3rd quarter valued at about $41,000. Finally, Quarry LP grew its stake in shares of O’Reilly Automotive by 109.1% during the 2nd quarter. Quarry LP now owns 92 shares of the specialty retailer’s stock valued at $97,000 after acquiring an additional 48 shares during the period. Institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $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 owned by corporate insiders.

Analysts Set New Price Targets

ORLY has been the topic of a number of recent analyst reports. Truist Financial raised their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 1st. BMO Capital Markets started coverage on shares of O’Reilly Automotive in a report on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 target price for the company. Roth Mkm reissued a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Finally, Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,270.69.

O’Reilly Automotive Trading Down 0.5 %

Shares of NASDAQ:ORLY traded down $5.63 during trading on Friday, reaching $1,200.11. The company’s stock had a trading volume of 50,980 shares, compared to its average volume of 283,976. The stock has a market capitalization of $69.28 billion, a PE ratio of 29.69, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12 month low of $935.75 and a 12 month high of $1,283.96. The firm’s 50 day simple moving average is $1,221.63 and its two-hundred day simple moving average is $1,154.51.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. O’Reilly Automotive’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the business earned $10.72 earnings per share. Research analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal 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.