Kestra Private Wealth Services LLC Acquires 215 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Kestra Private Wealth Services LLC grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.1% during the 4th quarter, HoldingsChannel reports. The firm owned 3,232 shares of the specialty retailer’s stock after acquiring an additional 215 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in O’Reilly Automotive were worth $3,833,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ORLY. Pelham Capital Ltd. boosted its stake in O’Reilly Automotive by 21.1% in the 4th quarter. Pelham Capital Ltd. now owns 12,970 shares of the specialty retailer’s stock valued at $15,380,000 after buying an additional 2,256 shares in the last quarter. Howland Capital Management LLC lifted its holdings in shares of O’Reilly Automotive by 1.4% during the fourth quarter. Howland Capital Management LLC now owns 27,868 shares of the specialty retailer’s stock valued at $33,046,000 after acquiring an additional 384 shares during the period. Quotient Wealth Partners LLC lifted its holdings in shares of O’Reilly Automotive by 7.6% during the fourth quarter. Quotient Wealth Partners LLC now owns 383 shares of the specialty retailer’s stock valued at $455,000 after acquiring an additional 27 shares during the period. Empowered Funds LLC boosted its stake in shares of O’Reilly Automotive by 17.2% in the 4th quarter. Empowered Funds LLC now owns 5,274 shares of the specialty retailer’s stock valued at $6,254,000 after purchasing an additional 774 shares in the last quarter. Finally, Forbes J M & Co. LLP grew its holdings in shares of O’Reilly Automotive by 0.3% in the 4th quarter. Forbes J M & Co. LLP now owns 4,652 shares of the specialty retailer’s stock worth $5,516,000 after purchasing an additional 16 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $1,310.02 on Tuesday. The firm’s 50 day moving average price is $1,242.12 and its two-hundred day moving average price is $1,189.28. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,350.27. The stock has a market cap of $75.63 billion, a PE ratio of 32.22, a PEG ratio of 2.50 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping the consensus estimate 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, sell-side analysts predict that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

ORLY has been the topic of a number of recent analyst reports. UBS Group boosted their price target on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research report on Friday. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Barclays boosted their price objective on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, JPMorgan Chase & Co. raised their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive currently has an average rating of “Buy” and a consensus target price of $1,390.81.

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.