MGO One Seven LLC cut its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 18.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,482 shares of the specialty retailer’s stock after selling 7,617 shares during the quarter. MGO One Seven LLC’s holdings in O’Reilly Automotive were worth $3,054,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Akre Capital Management LLC lifted its holdings in O’Reilly Automotive by 989.3% during the 2nd quarter. Akre Capital Management LLC now owns 9,410,714 shares of the specialty retailer’s stock valued at $848,188,000 after purchasing an additional 8,546,804 shares during the last quarter. Alphinity Investment Management Pty Ltd bought a new stake in O’Reilly Automotive during the third quarter worth about $435,620,000. Rakuten Investment Management Inc. acquired a new stake in shares of O’Reilly Automotive during the third quarter worth approximately $365,417,000. Ameriprise Financial Inc. raised its stake in shares of O’Reilly Automotive by 1,316.5% in the second quarter. Ameriprise Financial Inc. now owns 3,027,830 shares of the specialty retailer’s stock valued at $272,871,000 after acquiring an additional 2,814,071 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of O’Reilly Automotive by 1,277.3% in the second quarter. Raymond James Financial Inc. now owns 2,346,977 shares of the specialty retailer’s stock valued at $211,533,000 after acquiring an additional 2,176,568 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.
O’Reilly Automotive Stock Performance
Shares of ORLY opened at $92.96 on Friday. The business’s fifty day moving average price is $92.53 and its two-hundred day moving average price is $94.70. The firm has a market capitalization of $77.78 billion, a price-to-earnings ratio of 30.38, a PEG ratio of 2.05 and a beta of 0.58. O’Reilly Automotive, Inc. has a 52 week low of $86.77 and a 52 week high of $108.71.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. Raymond James Financial restated an “outperform” rating and set a $115.00 price target on shares of O’Reilly Automotive in a research report on Friday, May 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of O’Reilly Automotive in a research note on Monday, April 27th. Morgan Stanley restated an “overweight” rating and set a $112.00 target price on shares of O’Reilly Automotive in a report on Thursday, April 30th. Truist Financial set a $108.00 price target on O’Reilly Automotive in a report on Thursday, April 30th. Finally, UBS Group upped their price target on shares of O’Reilly Automotive from $114.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average price target of $112.25.
Get Our Latest Stock Analysis on O’Reilly Automotive
O’Reilly Automotive Profile
O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.
The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.
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