ETF Store Inc. Has $841,000 Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

ETF Store Inc. decreased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 12.6% in the 4th quarter, HoldingsChannel reports. The firm owned 709 shares of the specialty retailer’s stock after selling 102 shares during the period. O’Reilly Automotive makes up approximately 1.0% of ETF Store Inc.’s holdings, making the stock its 24th largest holding. ETF Store Inc.’s holdings in O’Reilly Automotive were worth $841,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive during the 4th quarter valued at $30,000. Kestra Investment Management LLC acquired a new stake in shares of O’Reilly Automotive during the fourth quarter worth $32,000. Darwin Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive during the third quarter worth $32,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive during the third quarter worth $37,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of O’Reilly Automotive during the fourth quarter worth $46,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 1.5 %

O’Reilly Automotive stock opened at $1,289.49 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,389.05. The business’s 50-day moving average price is $1,288.56 and its two-hundred day moving average price is $1,222.68. The stock has a market cap of $73.85 billion, a PE ratio of 31.71, a P/E/G ratio of 2.34 and a beta of 0.91.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, analysts expect that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. UBS Group lifted their target price on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Evercore ISI lifted their target price on O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Thursday, March 6th. Royal Bank of Canada lifted their target price on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Finally, Wedbush lifted their target price on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $1,390.81.

Insider Transactions at O’Reilly Automotive

In other news, SVP Mark Joseph Merz sold 500 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the sale, the senior vice president now directly owns 275 shares in the company, valued at approximately $364,375. The trade was a 64.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Maria Sastre sold 248 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the transaction, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. This represents a 20.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,894 shares of company stock worth $10,409,618. Insiders own 1.18% of the company’s stock.

O’Reilly Automotive Company 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.