RWA Wealth Partners LLC Makes New $6.32 Million Investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

RWA Wealth Partners LLC purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,649 shares of the specialty retailer’s stock, valued at approximately $6,317,000.

A number of other large investors have also recently added to or reduced their stakes in ORLY. Steward Financial Group LLC raised its stake in shares of O’Reilly Automotive by 141.7% in the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 17 shares in the last quarter. Carmel Capital Partners LLC boosted its holdings in O’Reilly Automotive by 1,750.0% during the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after buying an additional 35 shares during the last quarter. Arlington Trust Co LLC acquired a new stake in shares of O’Reilly Automotive during the third quarter worth about $39,000. Washington Trust Advisors Inc. raised its position in O’Reilly Automotive by 31.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after buying an additional 13 shares during the last quarter. Finally, Financial Management Professionals Inc. raised its position in O’Reilly Automotive by 29.5% in the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after buying an additional 13 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.0 %

Shares of NASDAQ:ORLY opened at $1,091.46 on Tuesday. The stock has a market capitalization of $64.43 billion, a P/E ratio of 28.36, a price-to-earnings-growth ratio of 1.98 and a beta of 0.86. The stock’s 50-day moving average price is $1,095.28 and its 200-day moving average price is $1,012.45. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data 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. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same quarter in the previous year, the company posted $8.37 earnings per share. The business’s revenue was up 5.1% on a year-over-year basis. As a group, research analysts predict that O’Reilly Automotive, Inc. will post 42.09 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on ORLY shares. The Goldman Sachs Group lifted their target price on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Truist Financial upped their target price on O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a research report on Tuesday, April 2nd. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Tuesday, April 16th. Barclays upped their target price on O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a report on Thursday, January 4th. Finally, Wells Fargo & Company upped their target price on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a report on Monday, March 25th. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,115.19.

Insiders Place Their Bets

In related news, Chairman David E. Oreilly sold 10,000 shares of O’Reilly Automotive stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares in the company, valued at $228,141,159.62. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the completion of the transaction, the chief financial officer now owns 2,335 shares of the company’s stock, valued at approximately $2,400,380. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares in the company, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,968 shares of company stock worth $27,269,333. 1.18% of the stock is currently owned by company insiders.

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.