Shaker Investments LLC OH cut its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,977 shares of the specialty retailer’s stock after selling 23 shares during the period. O’Reilly Automotive accounts for 1.5% of Shaker Investments LLC OH’s portfolio, making the stock its 24th largest holding. Shaker Investments LLC OH’s holdings in O’Reilly Automotive were worth $3,530,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of the company. Asset Dedication LLC increased its position in O’Reilly Automotive by 6.2% during the third quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after buying an additional 9 shares during the last quarter. Marks Group Wealth Management Inc boosted its stake in shares of O’Reilly Automotive by 1.5% during the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock worth $697,000 after acquiring an additional 9 shares during the period. Venturi Wealth Management LLC increased its holdings in shares of O’Reilly Automotive by 8.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after acquiring an additional 9 shares during the last quarter. Metis Global Partners LLC raised its stake in O’Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock valued at $2,145,000 after acquiring an additional 9 shares during the period. Finally, L.M. Kohn & Company lifted its holdings in O’Reilly Automotive by 1.4% during the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock valued at $753,000 after purchasing an additional 9 shares during the last quarter. 85.00% of the stock is owned by institutional investors.
O’Reilly Automotive Trading Down 0.5 %
Shares of ORLY stock opened at $1,310.02 on Tuesday. The firm has a fifty day simple moving average of $1,242.12 and a two-hundred day simple moving average of $1,189.28. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,350.27. The firm has a market capitalization of $75.63 billion, a PE ratio of 32.22, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94.
Wall Street Analyst Weigh In
ORLY has been the subject of a number of research reports. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. TD Cowen upped their target price on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Royal Bank of Canada upped their price objective on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the company an “outperform” rating in a report on Friday. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Finally, Roth Mkm reissued a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Two equities research 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $1,390.81.
Read Our Latest Research Report on O’Reilly Automotive
Insider Activity
In related news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction dated 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 trade 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.
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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