HB Wealth Management LLC Buys 271 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

HB Wealth Management LLC increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 14.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,095 shares of the specialty retailer’s stock after buying an additional 271 shares during the quarter. HB Wealth Management LLC’s holdings in O’Reilly Automotive were worth $2,484,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Trust Co. of Vermont boosted its holdings in shares of O’Reilly Automotive by 7.1% in the 4th quarter. Trust Co. of Vermont now owns 180 shares of the specialty retailer’s stock valued at $213,000 after buying an additional 12 shares during the last quarter. Premier Path Wealth Partners LLC boosted its holdings in shares of O’Reilly Automotive by 3.1% in the 4th quarter. Premier Path Wealth Partners LLC now owns 755 shares of the specialty retailer’s stock valued at $896,000 after buying an additional 23 shares during the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of O’Reilly Automotive in the 4th quarter valued at approximately $46,000. Merit Financial Group LLC boosted its holdings in shares of O’Reilly Automotive by 26.6% in the 4th quarter. Merit Financial Group LLC now owns 1,565 shares of the specialty retailer’s stock valued at $1,856,000 after buying an additional 329 shares during the last quarter. Finally, Avanza Fonder AB acquired a new stake in shares of O’Reilly Automotive in the 4th quarter valued at approximately $6,818,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction dated 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 sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the sale, the director now directly owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of research analyst reports. BMO Capital Markets initiated coverage on O’Reilly Automotive in a research note on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price target on the stock. DA Davidson restated a “buy” rating and issued a $1,275.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Barclays increased their price target on O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the company an “equal weight” rating in a research note on Thursday, January 9th. Truist Financial increased their price target 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, JPMorgan Chase & Co. increased their price target on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Four analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,270.69.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $1,216.79 on Monday. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,283.96. The stock has a market capitalization of $70.25 billion, a P/E ratio of 30.10, a PEG ratio of 2.23 and a beta of 0.94. The stock’s fifty day moving average is $1,223.72 and its 200 day moving average is $1,161.74.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). The business 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 business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the business earned $10.72 earnings per share. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current 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.