Founders Financial Alliance LLC Makes New Investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Founders Financial Alliance LLC purchased a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 211 shares of the specialty retailer’s stock, valued at approximately $250,000.

Other hedge funds have also recently modified their holdings of the company. AlphaMark Advisors LLC bought a new position in O’Reilly Automotive in the fourth quarter worth approximately $30,000. Kestra Investment Management LLC bought a new position in shares of O’Reilly Automotive in the 4th quarter worth $32,000. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter worth $32,000. MidAtlantic Capital Management Inc. purchased a new position in O’Reilly Automotive in the third quarter valued at about $37,000. Finally, Retirement Wealth Solutions LLC purchased a new position in O’Reilly Automotive in the fourth quarter valued at about $46,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

ORLY opened at $1,324.06 on Wednesday. The stock has a market capitalization of $75.83 billion, a PE ratio of 32.56, a P/E/G ratio of 2.34 and a beta of 0.91. O’Reilly Automotive, Inc. has a one year low of $947.49 and a one year high of $1,389.05. The business’s 50 day moving average price is $1,284.05 and its 200 day moving average price is $1,221.60.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 3,073 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total transaction of $4,041,455.95. Following the sale, the chairman now directly owns 11,397 shares in the company, valued at $14,988,764.55. This represents a 21.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brad W. Beckham sold 833 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $1,300.00, for a total transaction of $1,082,900.00. Following the completion of the transaction, the chief executive officer now directly owns 760 shares of the company’s stock, valued at approximately $988,000. The trade was a 52.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,894 shares of company stock valued at $10,409,618 over the last 90 days. 1.18% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of recent analyst reports. Mizuho raised their price target on shares of O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a report on Friday, February 7th. Wedbush raised their target price on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research note on Thursday, February 6th. Wells Fargo & Company upped their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Morgan Stanley raised O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Finally, UBS Group boosted their target price on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $1,390.81.

O’Reilly Automotive 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.