Clean Yield Group Has $704,000 Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

by · The Markets Daily

Clean Yield Group raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 594 shares of the specialty retailer’s stock after purchasing an additional 40 shares during the quarter. Clean Yield Group’s holdings in O’Reilly Automotive were worth $704,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. DekaBank Deutsche Girozentrale boosted its stake in O’Reilly Automotive by 11.0% in the second quarter. DekaBank Deutsche Girozentrale now owns 19,296 shares of the specialty retailer’s stock valued at $20,409,000 after buying an additional 1,918 shares in the last quarter. Thoroughbred Financial Services LLC boosted its stake in shares of O’Reilly Automotive by 103.5% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 2,033 shares of the specialty retailer’s stock valued at $2,146,000 after purchasing an additional 1,034 shares in the last quarter. Wealthspire Advisors LLC grew its holdings in shares of O’Reilly Automotive by 2.4% during the 2nd quarter. Wealthspire Advisors LLC now owns 521 shares of the specialty retailer’s stock valued at $550,000 after purchasing an additional 12 shares during the last quarter. Oppenheimer Asset Management Inc. increased its position in O’Reilly Automotive by 35.9% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 8,382 shares of the specialty retailer’s stock worth $8,852,000 after purchasing an additional 2,215 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in O’Reilly Automotive by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 222,174 shares of the specialty retailer’s stock valued at $234,629,000 after purchasing an additional 9,260 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ORLY shares. Royal Bank of Canada boosted their target price on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Roth Mkm reaffirmed a “buy” rating and issued a $1,337.00 target price on shares of O’Reilly Automotive in a report on Wednesday, October 16th. DA Davidson reissued a “buy” rating and set a $1,275.00 price target on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Truist Financial upped their price objective 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. raised their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,270.69.

Check Out Our Latest Stock Report on ORLY

Insiders Place Their Bets

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction that occurred 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 transaction, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Andrea Weiss sold 600 shares of the firm’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 sale, the director now directly owns 700 shares of the company’s stock, valued at $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY traded up $14.53 during trading on Monday, reaching $1,212.13. 194,753 shares of the stock were exchanged, compared to its average volume of 307,985. The stock has a fifty day moving average of $1,222.65 and a two-hundred day moving average of $1,156.73. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,283.96. The firm has a market cap of $69.98 billion, a price-to-earnings ratio of 29.99, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last released its quarterly earnings results 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 firm had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $10.72 earnings per share. Sell-side analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

O’Reilly Automotive Company Profile

(Free Report)

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.

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