KG&L Capital Management LLC Has $974,000 Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

KG&L Capital Management LLC increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 8.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 821 shares of the specialty retailer’s stock after purchasing an additional 63 shares during the quarter. KG&L Capital Management LLC’s holdings in O’Reilly Automotive were worth $974,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in ORLY. International Assets Investment Management LLC boosted its stake in shares of O’Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock worth $984,027,000 after buying an additional 853,633 shares during the last quarter. Wellington Management Group LLP raised its holdings in O’Reilly Automotive by 73.0% during the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after acquiring an additional 728,040 shares in the last quarter. Mizuho Securities USA LLC boosted its position in O’Reilly Automotive by 10,626.8% during the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock valued at $5,393,000 after purchasing an additional 482,670 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in O’Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock valued at $692,816,000 after purchasing an additional 133,139 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its position in shares of O’Reilly Automotive by 117.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 77,037 shares of the specialty retailer’s stock worth $88,716,000 after purchasing an additional 41,685 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ORLY shares. Royal Bank of Canada increased their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. StockNews.com upgraded shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Roth Mkm restated a “buy” rating and set a $1,337.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Barclays upped their target price on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the company an “equal weight” rating in a report on Thursday, January 9th. Finally, Guggenheim lifted their price target on O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Two analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Buy” and an average price target of $1,301.82.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $1,294.42 on Friday. The firm has a 50-day moving average of $1,233.49 and a 200-day moving average of $1,177.41. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,311.78. The stock has a market cap of $74.73 billion, a PE ratio of 32.02, a PEG ratio of 2.39 and a beta of 0.94.

Insiders Place Their Bets

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction on 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 transaction, the senior vice president now owns 5 shares in the company, 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 Securities & Exchange Commission, which is accessible through this link. Also, Director Andrea Weiss sold 600 shares of the business’s 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 completion of the transaction, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. This trade represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

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.