Waldron Private Wealth LLC Decreases Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Waldron Private Wealth LLC trimmed its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 9.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 522 shares of the specialty retailer’s stock after selling 54 shares during the quarter. Waldron Private Wealth LLC’s holdings in O’Reilly Automotive were worth $495,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of ORLY. Cornerstone Planning Group LLC bought a new position in shares of O’Reilly Automotive in the 2nd quarter worth approximately $25,000. Steward Financial Group LLC lifted its position in O’Reilly Automotive by 141.7% during the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 17 shares during the period. Ancora Advisors LLC bought a new stake in shares of O’Reilly Automotive during the 4th quarter valued at $30,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of O’Reilly Automotive in the 3rd quarter worth about $34,000. Finally, Carmel Capital Partners LLC increased its stake in shares of O’Reilly Automotive by 1,750.0% in the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after acquiring an additional 35 shares in the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the transaction, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at approximately $5,884,566.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Chairman David E. Oreilly sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the transaction, the chairman now owns 216,539 shares of the company’s stock, valued at approximately $228,141,159.62. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Doug D. Bragg sold 1,218 shares of the stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the sale, the executive vice president now owns 5,533 shares in the company, valued at approximately $5,884,566.82. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,468 shares of company stock valued at $28,769,333. 1.18% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Barclays boosted their price objective on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 4th. Wells Fargo & Company boosted their price target on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Monday, March 25th. Stephens reissued an “overweight” rating and issued a $1,060.00 price objective on shares of O’Reilly Automotive in a report on Tuesday, December 19th. Truist Financial upped their target price on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a report on Tuesday, April 2nd. Finally, Mizuho started coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target on the stock. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,090.76.

O’Reilly Automotive Price Performance

ORLY stock opened at $1,069.27 on Tuesday. The company has a market capitalization of $63.12 billion, a price-to-earnings ratio of 27.79, a PEG ratio of 1.95 and a beta of 0.86. The business has a 50 day simple moving average of $1,089.77 and a two-hundred day simple moving average of $1,005.60. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, beating analysts’ consensus estimates of $9.07 by $0.19. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The company had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.86 billion. During the same period in the prior year, the company earned $8.37 earnings per share. The firm’s revenue was up 5.1% on a year-over-year basis. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 42.09 EPS for the current fiscal year.

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.