Peregrine Asset Advisers Inc. bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 45,708 shares of the specialty retailer’s stock, valued at approximately $4,169,000. O’Reilly Automotive makes up 1.2% of Peregrine Asset Advisers Inc.’s investment portfolio, making the stock its 28th largest holding.
Other large investors also recently modified their holdings of the company. Eagle Bay Advisors LLC bought a new position in shares of O’Reilly Automotive in the 4th quarter worth $25,000. True Wealth Design LLC raised its position in O’Reilly Automotive by 127.7% in the 3rd quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 152 shares during the last quarter. IAG Wealth Partners LLC purchased a new stake in O’Reilly Automotive in the 3rd quarter valued at $31,000. Westfuller Advisors LLC purchased a new stake in O’Reilly Automotive in the 3rd quarter valued at $32,000. Finally, United Community Bank raised its position in O’Reilly Automotive by 75.0% in the 3rd quarter. United Community Bank now owns 315 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 135 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.
O’Reilly Automotive Price Performance
Shares of O’Reilly Automotive stock opened at $96.64 on Monday. O’Reilly Automotive, Inc. has a 1 year low of $86.77 and a 1 year high of $108.71. The firm has a market cap of $80.86 billion, a PE ratio of 31.58, a P/E/G ratio of 2.14 and a beta of 0.58. The stock has a fifty day moving average price of $92.51 and a 200-day moving average price of $94.85.
Analyst Upgrades and Downgrades
ORLY has been the subject of a number of analyst reports. DA Davidson increased their price target on O’Reilly Automotive from $110.00 to $114.00 and gave the company a “buy” rating in a research report on Friday. JPMorgan Chase & Co. lowered their price target on O’Reilly Automotive from $114.00 to $108.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. Truist Financial set a $108.00 price target on O’Reilly Automotive in a research report on Thursday. Robert W. Baird set a $110.00 price target on O’Reilly Automotive in a research report on Friday. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of O’Reilly Automotive in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $112.16.
View Our Latest Analysis on ORLY
O’Reilly Automotive Profile
O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.
The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.
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