O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLYGet Rating) by 3.3% during the first quarter, Holdings Channel reports. The institutional investor owned 1,575 shares of the specialty retailer’s stock after buying an additional 50 shares during the period. Kestra Private Wealth Services LLC’s holdings in O’Reilly Automotive were worth $1,079,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in O’Reilly Automotive by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 5,356,012 shares of the specialty retailer’s stock worth $3,668,654,000 after buying an additional 136,848 shares during the last quarter. State Street Corp boosted its stake in O’Reilly Automotive by 1.9% in the 4th quarter. State Street Corp now owns 2,850,959 shares of the specialty retailer’s stock worth $2,013,433,000 after buying an additional 53,727 shares during the last quarter. Principal Financial Group Inc. boosted its stake in O’Reilly Automotive by 1.9% in the 1st quarter. Principal Financial Group Inc. now owns 1,651,439 shares of the specialty retailer’s stock worth $1,131,171,000 after buying an additional 30,422 shares during the last quarter. Invesco Ltd. boosted its stake in O’Reilly Automotive by 29.8% in the 1st quarter. Invesco Ltd. now owns 1,109,137 shares of the specialty retailer’s stock worth $759,715,000 after buying an additional 254,823 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in O’Reilly Automotive by 45.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 747,436 shares of the specialty retailer’s stock worth $527,862,000 after buying an additional 233,026 shares during the last quarter. 84.03% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at O’Reilly Automotive

In other news, Chairman David E. Oreilly sold 7,145 shares of O’Reilly Automotive stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of $700.00, for a total value of $5,001,500.00. Following the completion of the transaction, the chairman now owns 294,582 shares in the company, valued at approximately $206,207,400. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director John Raymond Murphy sold 300 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, August 2nd. The stock was sold at an average price of $705.49, for a total value of $211,647.00. Following the completion of the transaction, the director now owns 1,900 shares in the company, valued at approximately $1,340,431. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman David E. Oreilly sold 7,145 shares of O’Reilly Automotive stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of $700.00, for a total value of $5,001,500.00. Following the completion of the transaction, the chairman now owns 294,582 shares of the company’s stock, valued at approximately $206,207,400. The disclosure for this sale can be found here. In the last quarter, insiders sold 51,444 shares of company stock worth $37,192,687. 1.73% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ORLY. Guggenheim raised their price target on O’Reilly Automotive to $823.00 in a research note on Monday, August 15th. Wells Fargo & Company reduced their price objective on O’Reilly Automotive from $800.00 to $750.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 8th. Truist Financial reduced their price objective on O’Reilly Automotive from $788.00 to $770.00 and set a “buy” rating on the stock in a research note on Monday, July 25th. Stephens lifted their price objective on O’Reilly Automotive from $765.00 to $800.00 and gave the company an “overweight” rating in a research note on Monday, August 1st. Finally, Morgan Stanley lifted their price objective on O’Reilly Automotive from $635.00 to $690.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 24th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus price target of $758.43.

O’Reilly Automotive Stock Up 0.7 %

ORLY stock opened at $693.51 on Friday. O’Reilly Automotive, Inc. has a 52-week low of $562.90 and a 52-week high of $750.88. The stock’s 50 day moving average is $704.26 and its two-hundred day moving average is $672.44. The company has a market capitalization of $43.91 billion, a PE ratio of 21.90, a P/E/G ratio of 1.75 and a beta of 0.99.

O’Reilly Automotive (NASDAQ:ORLYGet Rating) last posted its quarterly earnings data on Wednesday, July 27th. The specialty retailer reported $8.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.98 by ($0.20). O’Reilly Automotive had a negative return on equity of 520.10% and a net margin of 15.55%. The business had revenue of $3.67 billion for the quarter, compared to analysts’ expectations of $3.71 billion. During the same quarter in the prior year, the firm earned $8.33 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 5.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 31.61 EPS for the current year.

O’Reilly Automotive Profile

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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. 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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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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