Wilmington Savings Fund Society FSB raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 246.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 554 shares of the specialty retailer’s stock after buying an additional 394 shares during the period. Wilmington Savings Fund Society FSB’s holdings in O’Reilly Automotive were worth $657,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. AlphaMark Advisors LLC purchased a new position in O’Reilly Automotive during the 4th quarter valued at about $30,000. Darwin Wealth Management LLC purchased a new stake in O’Reilly Automotive in the third quarter worth $32,000. Trifecta Capital Advisors LLC boosted its holdings in O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive in the 3rd quarter worth $37,000. Finally, Princeton Global Asset Management LLC bought a new position in O’Reilly Automotive in the 3rd quarter worth $41,000. Institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Price Performance
Shares of NASDAQ:ORLY opened at $1,310.02 on Tuesday. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,350.27. The firm has a market capitalization of $75.63 billion, a price-to-earnings ratio of 32.22, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94. The business’s 50 day moving average price is $1,242.12 and its 200-day moving average price is $1,189.28.
Insider Activity
In related news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction 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 of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have commented on ORLY shares. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Truist Financial boosted their price target on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Barclays boosted their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Friday. JPMorgan Chase & Co. increased their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, Mizuho upped their target price on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Friday. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $1,390.81.
Get Our Latest Research Report on ORLY
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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