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

RPg Family Wealth Advisory LLC increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,112 shares of the specialty retailer’s stock after purchasing an additional 157 shares during the period. O’Reilly Automotive accounts for about 1.7% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 25th biggest holding. RPg Family Wealth Advisory LLC’s holdings in O’Reilly Automotive were worth $5,887,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Asset Dedication LLC grew its position in shares of O’Reilly Automotive by 6.2% in the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after acquiring an additional 9 shares in the last quarter. Marks Group Wealth Management Inc increased its stake in O’Reilly Automotive by 1.5% during the third quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock valued at $697,000 after purchasing an additional 9 shares during the last quarter. Venturi Wealth Management LLC raised its holdings in shares of O’Reilly Automotive by 8.5% during the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after purchasing an additional 9 shares during the period. Metis Global Partners LLC lifted its position in shares of O’Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock worth $2,145,000 after buying an additional 9 shares during the last quarter. Finally, Marcum Wealth LLC boosted its holdings in shares of O’Reilly Automotive by 5.1% in the 2nd quarter. Marcum Wealth LLC now owns 206 shares of the specialty retailer’s stock valued at $218,000 after buying an additional 10 shares during the period. 85.00% of the stock is owned by institutional investors.

Insider Transactions at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the stock in a transaction dated 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 completion of the sale, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $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.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ORLY. DA Davidson reissued a “buy” rating and issued a $1,275.00 target price on shares of O’Reilly Automotive in a report on Thursday, October 24th. TD Cowen raised their price target on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Truist Financial raised their target price on 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. Finally, Roth Mkm reiterated a “buy” rating and set a $1,337.00 price objective 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 assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,242.13.

O’Reilly Automotive Stock Up 0.4 %

ORLY opened at $1,244.22 on Wednesday. The firm has a market cap of $71.83 billion, a PE ratio of 30.78, a P/E/G ratio of 2.51 and a beta of 0.92. The business has a fifty day simple moving average of $1,183.85 and a 200-day simple moving average of $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 results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the business earned $10.72 EPS. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

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.