KBC Group NV Sells 156 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

KBC Group NV lessened its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,577 shares of the specialty retailer’s stock after selling 156 shares during the quarter. KBC Group NV’s holdings in O’Reilly Automotive were worth $14,914,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. boosted its stake in O’Reilly Automotive by 31.5% in the fourth quarter. Blue Trust Inc. now owns 1,528 shares of the specialty retailer’s stock worth $1,760,000 after buying an additional 366 shares in the last quarter. Legacy Financial Group LLC bought a new stake in O’Reilly Automotive in the fourth quarter worth $600,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in O’Reilly Automotive by 15.5% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,604 shares of the specialty retailer’s stock valued at $1,902,000 after buying an additional 215 shares during the period. ETF Portfolio Partners Inc. boosted its holdings in O’Reilly Automotive by 75.0% during the 4th quarter. ETF Portfolio Partners Inc. now owns 350 shares of the specialty retailer’s stock valued at $415,000 after acquiring an additional 150 shares during the period. Finally, Vista Investment Partners LLC lifted its position in O’Reilly Automotive by 1.0% in the fourth quarter. Vista Investment Partners LLC now owns 4,700 shares of the specialty retailer’s stock valued at $5,573,000 after purchasing an additional 45 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on ORLY. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Truist Financial boosted their price target on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research report on Friday, October 25th. DA Davidson reaffirmed a “buy” rating and set a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Wedbush reiterated a “neutral” rating and issued a $1,200.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 24th. Finally, Guggenheim lifted their price target on shares of O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Two investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $1,301.82.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value 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 sale was disclosed in a filing with the SEC, which is available through this hyperlink. 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 transaction, the director now directly owns 700 shares in the company, 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. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive Trading Down 0.3 %

NASDAQ:ORLY opened at $1,278.34 on Wednesday. The company has a 50 day simple moving average of $1,226.50 and a two-hundred day simple moving average of $1,172.24. The company has a market cap of $73.80 billion, a PE ratio of 31.63, a price-to-earnings-growth ratio of 2.30 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,289.93.

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.