Schechter Investment Advisors LLC Purchases 27 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Schechter Investment Advisors LLC raised its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 649 shares of the specialty retailer’s stock after purchasing an additional 27 shares during the quarter. Schechter Investment Advisors LLC’s holdings in O’Reilly Automotive were worth $617,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cibc World Market Inc. increased its stake in shares of O’Reilly Automotive by 305.4% in the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer’s stock valued at $2,213,000 after buying an additional 2,434 shares during the period. Sei Investments Co. raised its holdings in O’Reilly Automotive by 51.3% during the 1st quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer’s stock worth $10,894,000 after purchasing an additional 5,376 shares during the last quarter. Prudential PLC acquired a new position in shares of O’Reilly Automotive in the 1st quarter worth approximately $1,847,000. Cetera Investment Advisers boosted its stake in shares of O’Reilly Automotive by 48.9% in the 1st quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer’s stock valued at $1,343,000 after purchasing an additional 644 shares during the last quarter. Finally, Moors & Cabot Inc. boosted its stake in shares of O’Reilly Automotive by 11.4% in the 1st quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer’s stock valued at $262,000 after purchasing an additional 39 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on ORLY. Stephens restated an “overweight” rating and issued a $1,060.00 target price on shares of O’Reilly Automotive in a report on Tuesday, December 19th. Wedbush boosted their price objective on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Royal Bank of Canada raised their target price on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. TD Cowen boosted their price target on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “outperform” rating in a research note on Friday, December 8th. Finally, Truist Financial increased their price target on O’Reilly Automotive from $1,080.00 to $1,149.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,085.47.

Insider Activity

In related news, EVP Doug D. Bragg sold 1,218 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the completion of the sale, the executive vice president now owns 5,533 shares in the company, valued at $5,884,566.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, EVP Doug D. Bragg sold 1,218 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the transaction, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the transaction, the chairman now owns 216,539 shares in the company, valued at $228,141,159.62. The disclosure for this sale can be found here. Insiders have sold 27,468 shares of company stock worth $28,769,333 over the last 90 days. 1.55% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $1,128.88 on Friday. The company has a 50-day moving average price of $1,069.88 and a 200-day moving average price of $988.83. The stock has a market capitalization of $66.65 billion, a P/E ratio of 29.34, a P/E/G ratio of 2.06 and a beta of 0.86. O’Reilly Automotive, Inc. has a 1 year low of $821.61 and a 1 year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating the consensus estimate of $9.07 by $0.19. The business had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.86 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter last year, the firm earned $8.37 EPS. As a group, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 42.09 earnings per share 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.