Portfolio Design Labs LLC purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,381 shares of the specialty retailer’s stock, valued at approximately $588,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC acquired a new position in shares of O’Reilly Automotive in the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC purchased a new stake in O’Reilly Automotive in the 4th quarter valued at approximately $27,000. Kelleher Financial Advisors acquired a new position in O’Reilly Automotive during the second quarter worth $28,000. Whipplewood Advisors LLC grew its stake in shares of O’Reilly Automotive by 1,552.6% during the 1st quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 295 shares during the period. Finally, Bell Investment Advisors Inc purchased a new position in shares of O’Reilly Automotive in the 2nd quarter valued at about $29,000. 85.00% of the stock is owned by hedge funds and other institutional investors.
O’Reilly Automotive Price Performance
O’Reilly Automotive stock opened at $89.08 on Friday. O’Reilly Automotive, Inc. has a 12 month low of $82.59 and a 12 month high of $108.71. The stock’s 50-day moving average is $88.95 and its 200-day moving average is $91.08. The company has a market cap of $72.06 billion, a price-to-earnings ratio of 28.37, a price-to-earnings-growth ratio of 1.99 and a beta of 0.51.
Analyst Ratings Changes
Several analysts recently commented on ORLY shares. Wolfe Research set a $98.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, July 15th. Robert W. Baird set a $100.00 price target on O’Reilly Automotive in a research note on Friday, July 31st. TD Cowen lowered their price target on O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Mizuho raised their price objective on O’Reilly Automotive from $105.00 to $110.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, Roth Capital reiterated a “buy” rating and set a $111.00 target price on shares of O’Reilly Automotive in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $107.24.
Check Out Our Latest Analysis on ORLY
Insider Buying and Selling at O’Reilly Automotive
In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $93.00, for a total transaction of $279,000.00. Following the completion of the transaction, the senior vice president directly owned 189 shares of the company’s stock, valued at $17,577. This trade represents a 94.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maria Sastre sold 2,000 shares of O’Reilly Automotive stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total value of $183,700.00. Following the completion of the transaction, the director owned 14,970 shares of the company’s stock, valued at $1,374,994.50. This trade represents a 11.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,200 shares of company stock worth $568,684 in the last ninety days. 0.77% of the stock is owned by insiders.
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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