O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by Accurate Wealth Management LLC

Accurate Wealth Management LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.0% in the 3rd quarter, Holdings Channel reports. The firm owned 2,642 shares of the specialty retailer’s stock after buying an additional 25 shares during the period. Accurate Wealth Management LLC’s holdings in O’Reilly Automotive were worth $3,143,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Trifecta Capital Advisors LLC raised its holdings in shares of O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares during the period. Indiana Trust & Investment Management CO raised its holdings in shares of O’Reilly Automotive by 325.0% during the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after acquiring an additional 26 shares during the period. Riverview Trust Co acquired a new stake in shares of O’Reilly Automotive during the first quarter valued at approximately $41,000. Crewe Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the first quarter valued at approximately $43,000. Finally, Kings Path Partners LLC acquired a new stake in shares of O’Reilly Automotive during the second quarter valued at approximately $44,000. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $1,210.96 on Friday. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,221.05. The stock has a market cap of $70.25 billion, a price-to-earnings ratio of 30.48, a P/E/G ratio of 2.29 and a beta of 0.92. The firm has a fifty day moving average of $1,142.14 and a 200-day moving average of $1,079.15.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The business had revenue of $4.27 billion during the quarter, compared to analyst estimates of $4.32 billion. During the same quarter in the prior year, the company posted $10.22 EPS. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 41.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ORLY has been the topic of several research reports. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday. DA Davidson upped their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Evercore ISI boosted their target price on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. UBS Group decreased their target price on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research report on Thursday, July 18th. Finally, Truist Financial boosted their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Monday, October 14th. Three research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,206.87.

Insider Buying and Selling

In related news, Director Gregory D. Johnson sold 15,364 shares of the stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the completion of the sale, the director now owns 5,016 shares in the company, valued at $5,698,978.56. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 413 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total value of $462,560.00. Following the completion of the sale, the senior vice president now owns 265 shares in the company, valued at approximately $296,800. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Gregory D. Johnson sold 15,364 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the completion of the sale, the director now owns 5,016 shares of the company’s stock, valued at $5,698,978.56. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 50,411 shares of company stock worth $56,846,062 in the last quarter. 1.18% of the stock is owned by corporate insiders.

O’Reilly Automotive Company 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.