O’Reilly Automotive, Inc. (NASDAQ:ORLY) Position Increased by RPg Family Wealth Advisory LLC

RPg Family Wealth Advisory LLC raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.2% in the third quarter, Holdings Channel reports. The firm owned 5,112 shares of the specialty retailer’s stock after buying an additional 157 shares during the period. O’Reilly Automotive accounts for 1.7% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 25th largest holding. RPg Family Wealth Advisory LLC’s holdings in O’Reilly Automotive were worth $5,887,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. B. Riley Wealth Advisors Inc. grew its position in O’Reilly Automotive by 5.3% in the first quarter. B. Riley Wealth Advisors Inc. now owns 1,944 shares of the specialty retailer’s stock worth $2,195,000 after acquiring an additional 97 shares in the last quarter. Tidal Investments LLC boosted its holdings in O’Reilly Automotive by 191.4% in the first quarter. Tidal Investments LLC now owns 6,566 shares of the specialty retailer’s stock worth $7,427,000 after purchasing an additional 4,313 shares in the last quarter. Beacon Capital Management LLC increased its position in O’Reilly Automotive by 76.3% during the first quarter. Beacon Capital Management LLC now owns 67 shares of the specialty retailer’s stock worth $76,000 after buying an additional 29 shares during the last quarter. Plato Investment Management Ltd raised its holdings in O’Reilly Automotive by 1,596.2% during the first quarter. Plato Investment Management Ltd now owns 899 shares of the specialty retailer’s stock valued at $1,015,000 after buying an additional 846 shares in the last quarter. Finally, Citizens Financial Group Inc. RI lifted its position in shares of O’Reilly Automotive by 5.8% in the first quarter. Citizens Financial Group Inc. RI now owns 475 shares of the specialty retailer’s stock worth $536,000 after buying an additional 26 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ORLY shares. Truist Financial increased their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. Barclays increased their price target on O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Wells Fargo & Company raised their target price on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research note on Monday, October 14th. Finally, Roth Mkm reissued a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Four research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,242.13.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by insiders.

O’Reilly Automotive Price Performance

ORLY opened at $1,244.22 on Wednesday. The company has a market capitalization of $71.83 billion, a P/E ratio of 30.78, a P/E/G ratio of 2.51 and a beta of 0.92. The firm’s fifty day moving average price is $1,183.85 and its two-hundred day moving average price is $1,105.30. O’Reilly Automotive, Inc. has a fifty-two week low of $914.50 and a fifty-two week high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the prior year, the company posted $10.72 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal 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.