Commons Capital LLC Acquires 28 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Commons Capital LLC grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 667 shares of the specialty retailer’s stock after acquiring an additional 28 shares during the period. Commons Capital LLC’s holdings in O’Reilly Automotive were worth $791,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Darwin Wealth Management LLC purchased a new stake in O’Reilly Automotive in the 3rd quarter worth $32,000. Trifecta Capital Advisors LLC grew its position in shares of O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in O’Reilly Automotive during the 3rd quarter valued at approximately $37,000. Princeton Global Asset Management LLC purchased a new position in O’Reilly Automotive in the 3rd quarter worth approximately $41,000. Finally, Retirement Wealth Solutions LLC bought a new position in O’Reilly Automotive in the 4th quarter worth approximately $46,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on ORLY. Truist Financial boosted their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a report on Friday, October 25th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Wedbush reiterated a “neutral” rating and issued a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,150.00 to $1,450.00 in a report on Tuesday. Finally, BMO Capital Markets initiated coverage on O’Reilly Automotive in a report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price objective on the stock. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $1,289.44.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $1,241.08 on Wednesday. The stock has a 50 day moving average price of $1,223.49 and a 200 day moving average price of $1,164.11. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,283.96. The firm has a market capitalization of $71.65 billion, a P/E ratio of 30.70, a P/E/G ratio of 2.26 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $10.72 earnings per share. As a group, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares in the company, valued at $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction 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 completion of the transaction, the director now directly owns 700 shares of the company’s stock, valued at approximately $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 1.18% 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.