White Pine Capital LLC lifted its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,400.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 5,175 shares of the specialty retailer’s stock after buying an additional 4,830 shares during the quarter. White Pine Capital LLC’s holdings in O’Reilly Automotive were worth $466,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also bought and sold shares of the company. Vestor Capital LLC acquired a new position in shares of O’Reilly Automotive in the first quarter valued at approximately $43,000. AE Wealth Management LLC lifted its holdings in O’Reilly Automotive by 6.5% during the 1st quarter. AE Wealth Management LLC now owns 1,211 shares of the specialty retailer’s stock worth $1,735,000 after purchasing an additional 74 shares during the last quarter. Pinnacle Associates Ltd. boosted its stake in O’Reilly Automotive by 6.2% in the 1st quarter. Pinnacle Associates Ltd. now owns 758 shares of the specialty retailer’s stock valued at $1,086,000 after purchasing an additional 44 shares during the period. Carnegie Investment Counsel acquired a new position in O’Reilly Automotive in the 1st quarter valued at $49,366,000. Finally, Holistic Financial Partners acquired a new position in O’Reilly Automotive in the 1st quarter valued at $242,000. Institutional investors and hedge funds own 85.00% of the company’s stock.
O’Reilly Automotive Trading Up 0.3%
Shares of NASDAQ:ORLY opened at $99.01 on Friday. The firm has a 50 day moving average of $100.76 and a 200-day moving average of $97.27. O’Reilly Automotive, Inc. has a 12 month low of $78.30 and a 12 month high of $108.71. The stock has a market capitalization of $83.57 billion, a PE ratio of 34.30, a PEG ratio of 2.48 and a beta of 0.57.
Analyst Ratings Changes
ORLY has been the subject of a number of research reports. Truist Financial set a $109.00 target price on O’Reilly Automotive in a report on Friday, October 24th. Wolfe Research assumed coverage on shares of O’Reilly Automotive in a report on Thursday, September 18th. They issued an “outperform” rating and a $121.00 price objective for the company. Guggenheim raised their target price on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Wells Fargo & Company set a $115.00 price target on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Finally, DA Davidson increased their price target on O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Nineteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus target price of $111.89.
Check Out Our Latest Research Report on ORLY
Insider Activity
In other news, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $92.60, for a total transaction of $289,375.00. Following the completion of the transaction, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. The trade was a 27.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.01% 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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