JFS Wealth Advisors LLC raised its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,396.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 374 shares of the specialty retailer’s stock after purchasing an additional 349 shares during the period. JFS Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $34,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently bought and sold shares of ORLY. Wealth Enhancement Advisory Services LLC increased its position in O’Reilly Automotive by 16.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,195 shares of the specialty retailer’s stock valued at $33,227,000 after acquiring an additional 3,272 shares during the last quarter. Vanguard Group Inc. grew its holdings in O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,238,396 shares of the specialty retailer’s stock valued at $7,504,421,000 after purchasing an additional 75,125 shares during the last quarter. Prime Capital Investment Advisors LLC grew its holdings in O’Reilly Automotive by 1,063.1% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 107,892 shares of the specialty retailer’s stock valued at $9,724,000 after purchasing an additional 98,616 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in O’Reilly Automotive by 33.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 583,812 shares of the specialty retailer’s stock worth $836,357,000 after purchasing an additional 147,904 shares during the period. Finally, CCM Investment Group LLC bought a new stake in O’Reilly Automotive in the first quarter worth about $4,672,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Stock Up 2.4%
Shares of O’Reilly Automotive stock opened at $102.15 on Monday. The firm has a market cap of $86.67 billion, a PE ratio of 36.52, a P/E/G ratio of 2.70 and a beta of 0.60. O’Reilly Automotive, Inc. has a twelve month low of $76.22 and a twelve month high of $108.71. The business has a 50-day moving average price of $103.90 and a 200 day moving average price of $96.11.
Analysts Set New Price Targets
A number of research analysts have recently commented on the stock. Citigroup upped their price target on shares of O’Reilly Automotive from $104.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Royal Bank Of Canada lifted their target price on O’Reilly Automotive from $98.00 to $104.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. DA Davidson raised their price objective on O’Reilly Automotive from $107.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Guggenheim raised their price target on shares of O’Reilly Automotive from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of O’Reilly Automotive in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $107.17.
Check Out Our Latest Report on ORLY
Insider Activity at O’Reilly Automotive
In related news, SVP Shari Lynne Reaves sold 2,000 shares of the company’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total transaction of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares in the company, valued at $1,331,467.06. This represents a 13.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maria Sastre sold 595 shares of the stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $102.31, for a total value of $60,874.45. Following the transaction, the director directly owned 15,935 shares of the company’s stock, valued at $1,630,309.85. The trade was a 3.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold 125,635 shares of company stock worth $12,740,916 over the last three months. Company insiders own 1.01% of the company’s stock.
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.
Recommended Stories
- Five stocks we like better than O’Reilly Automotive
- Roth IRA Calculator: Calculate Your Potential Returns
- Microsoft 365 Premium Marks the Next Phase of AI Monetization
- 3 Tickers Leading a Meme Stock Revival
- Could Target’s Week of Discounts Come Full Circle for Investors?
- How to Invest in the Best Canadian StocksÂ
- 3 Reasons to Buy Sprouts Farmers Market Ahead of Earnings
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.