Procyon Advisors LLC raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 63.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 71,267 shares of the specialty retailer’s stock after buying an additional 27,629 shares during the period. Procyon Advisors LLC’s holdings in O’Reilly Automotive were worth $6,500,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Nemes Rush Group LLC grew its holdings in O’Reilly Automotive by 1,400.0% in the second quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 294 shares during the last quarter. True Wealth Design LLC lifted its holdings in shares of O’Reilly Automotive by 127.7% during the 3rd quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 152 shares during the last quarter. IAG Wealth Partners LLC acquired a new stake in shares of O’Reilly Automotive in the 3rd quarter worth $31,000. Westfuller Advisors LLC acquired a new stake in shares of O’Reilly Automotive in the 3rd quarter worth $32,000. Finally, Prestige Wealth Management Group LLC grew its stake in O’Reilly Automotive by 1,400.0% during the 2nd quarter. Prestige Wealth Management Group LLC now owns 375 shares of the specialty retailer’s stock worth $34,000 after buying an additional 350 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Stock Down 0.7%
Shares of ORLY opened at $87.30 on Friday. The company has a market capitalization of $73.20 billion, a price-to-earnings ratio of 29.46, a PEG ratio of 1.93 and a beta of 0.63. O’Reilly Automotive, Inc. has a 52 week low of $86.77 and a 52 week high of $108.71. The stock’s 50-day moving average price is $94.60 and its 200-day moving average price is $97.36.
Analyst Ratings Changes
ORLY has been the topic of several recent analyst reports. Mizuho set a $105.00 target price on O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, February 6th. Roth Mkm restated a “buy” rating on shares of O’Reilly Automotive in a research note on Wednesday, February 4th. Truist Financial set a $107.00 price objective on shares of O’Reilly Automotive and gave the company a “buy” rating in a report on Friday, February 6th. UBS Group set a $114.00 price objective on shares of O’Reilly Automotive in a research report on Friday, February 6th. Finally, DA Davidson reiterated a “buy” rating and set a $110.00 price objective on shares of O’Reilly Automotive in a research note on Tuesday, February 3rd. One research 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $110.26.
Read Our Latest Stock Analysis on ORLY
O’Reilly Automotive Company 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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