Larson Financial Group LLC Purchases 78 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Larson Financial Group LLC lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 60.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 207 shares of the specialty retailer’s stock after purchasing an additional 78 shares during the period. Larson Financial Group LLC’s holdings in O’Reilly Automotive were worth $197,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Steward Financial Group LLC grew its holdings in shares of O’Reilly Automotive by 141.7% during the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 17 shares during the last quarter. Carmel Capital Partners LLC grew its holdings in shares of 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 purchasing an additional 35 shares during the last quarter. Arlington Trust Co LLC bought a new stake in shares of O’Reilly Automotive during the third quarter worth about $39,000. Washington Trust Advisors Inc. grew its holdings in shares of O’Reilly Automotive by 31.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock worth $52,000 after purchasing an additional 13 shares during the last quarter. Finally, Financial Management Professionals Inc. grew its holdings in shares of O’Reilly Automotive by 29.5% during the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 13 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insider Transactions at O’Reilly Automotive

In other news, Chairman David E. Oreilly sold 6,444 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the transaction, the chairman now owns 205,095 shares in the company, valued at approximately $217,933,947. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other O’Reilly Automotive news, Chairman David E. Oreilly sold 6,444 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total value of $6,847,394.40. Following the completion of the transaction, the chairman now owns 205,095 shares in the company, valued at approximately $217,933,947. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John Raymond Murphy sold 269 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the completion of the sale, the director now directly owns 950 shares in the company, valued at approximately $987,316. 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. 1.55% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. The Goldman Sachs Group boosted their price target on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a report 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 report on Tuesday, April 2nd. Royal Bank of Canada upped their target price on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a report on Friday, February 9th. Wedbush boosted their price target on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Finally, Barclays boosted their price target on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research note on Thursday, January 4th. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus target price of $1,115.19.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $1,092.70 on Thursday. The company has a market capitalization of $64.50 billion, a PE ratio of 28.40, a price-to-earnings-growth ratio of 1.98 and a beta of 0.86. The business has a fifty day moving average price of $1,097.21 and a two-hundred day moving average price of $1,014.34. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year 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 (EPS) for the quarter, beating analysts’ consensus estimates of $9.07 by $0.19. The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $8.37 EPS. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 42.1 earnings per share for the current year.

About O’Reilly Automotive

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.