Mn Services Vermogensbeheer B.V. grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 2.0% in the fourth quarter, HoldingsChannel reports. The fund owned 331,022 shares of the specialty retailer’s stock after purchasing an additional 6,522 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in O’Reilly Automotive were worth $30,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Embree Financial Group lifted its position in O’Reilly Automotive by 7.3% during the fourth quarter. Embree Financial Group now owns 2,252 shares of the specialty retailer’s stock valued at $205,000 after purchasing an additional 154 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in O’Reilly Automotive by 7.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 17,011 shares of the specialty retailer’s stock valued at $1,552,000 after purchasing an additional 1,109 shares during the period. Nova R Wealth Inc. increased its position in O’Reilly Automotive by 2.5% in the fourth quarter. Nova R Wealth Inc. now owns 8,296 shares of the specialty retailer’s stock worth $757,000 after buying an additional 205 shares in the last quarter. Spire Wealth Management increased its position in O’Reilly Automotive by 1.5% in the fourth quarter. Spire Wealth Management now owns 87,334 shares of the specialty retailer’s stock worth $7,966,000 after buying an additional 1,306 shares in the last quarter. Finally, Cypress Wealth Services LLC raised its stake in shares of O’Reilly Automotive by 88.3% in the fourth quarter. Cypress Wealth Services LLC now owns 4,974 shares of the specialty retailer’s stock worth $454,000 after buying an additional 2,332 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.
O’Reilly Automotive Stock Up 2.2%
NASDAQ ORLY opened at $92.11 on Tuesday. The firm has a market cap of $77.23 billion, a price-to-earnings ratio of 31.08, a price-to-earnings-growth ratio of 2.00 and a beta of 0.63. The business has a 50-day moving average price of $94.08 and a 200-day moving average price of $96.66. O’Reilly Automotive, Inc. has a twelve month low of $86.77 and a twelve month high of $108.71.
Wall Street Analyst Weigh In
ORLY has been the topic of a number of analyst reports. Mizuho set a $105.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, February 6th. Citigroup reduced their target price on shares of O’Reilly Automotive from $114.00 to $110.00 and set a “buy” rating for the company in a report on Monday, February 9th. Robert W. Baird downgraded shares of O’Reilly Automotive from an “outperform” rating to a “neutral” rating and set a $96.00 price target on the stock. in a report on Friday, February 6th. JPMorgan Chase & Co. dropped their price target on shares of O’Reilly Automotive from $114.00 to $108.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. Finally, Royal Bank Of Canada set a $109.00 price objective on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $110.26.
Check Out Our Latest Stock Analysis on ORLY
About O’Reilly Automotive
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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