KG&L Capital Management LLC Acquires 63 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

KG&L Capital Management LLC grew its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 8.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 821 shares of the specialty retailer’s stock after acquiring an additional 63 shares during the quarter. KG&L Capital Management LLC’s holdings in O’Reilly Automotive were worth $974,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. China Universal Asset Management Co. Ltd. lifted its stake in O’Reilly Automotive by 27.7% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 940 shares of the specialty retailer’s stock valued at $1,115,000 after purchasing an additional 204 shares during the last quarter. Destiny Wealth Partners LLC bought a new stake in shares of O’Reilly Automotive during the fourth quarter worth $891,000. Waldron Private Wealth LLC increased its holdings in shares of O’Reilly Automotive by 34.3% during the fourth quarter. Waldron Private Wealth LLC now owns 862 shares of the specialty retailer’s stock worth $1,022,000 after buying an additional 220 shares in the last quarter. Custom Index Systems LLC lifted its stake in shares of O’Reilly Automotive by 4.1% in the 4th quarter. Custom Index Systems LLC now owns 964 shares of the specialty retailer’s stock valued at $1,143,000 after acquiring an additional 38 shares during the last quarter. Finally, Caprock Group LLC boosted its holdings in shares of O’Reilly Automotive by 17.7% during the 4th quarter. Caprock Group LLC now owns 1,321 shares of the specialty retailer’s stock valued at $1,568,000 after acquiring an additional 199 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

ORLY has been the subject of a number of recent research reports. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Wells Fargo & Company upped their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. DA Davidson reissued a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a report on Thursday, October 24th. Finally, Truist Financial raised their price target on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $1,301.82.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $1,294.42 on Friday. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,311.78. The stock has a 50 day simple moving average of $1,233.49 and a two-hundred day simple moving average of $1,177.41. The company has a market cap of $74.73 billion, a P/E ratio of 32.02, a PEG ratio of 2.39 and a beta of 0.94.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’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 value of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Company Profile

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.