Blue Zone Wealth Advisors LLC Acquires 157 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Blue Zone Wealth Advisors LLC raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,096 shares of the specialty retailer’s stock after buying an additional 157 shares during the period. O’Reilly Automotive comprises 1.4% of Blue Zone Wealth Advisors LLC’s portfolio, making the stock its 27th biggest position. Blue Zone Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $4,857,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive during the 4th quarter worth $30,000. Darwin Wealth Management LLC bought a new stake in O’Reilly Automotive in the 3rd quarter valued at $32,000. MidAtlantic Capital Management Inc. acquired a new stake in O’Reilly Automotive in the 3rd quarter valued at $37,000. Princeton Global Asset Management LLC acquired a new stake in O’Reilly Automotive in the 3rd quarter valued at $41,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of O’Reilly Automotive during the 4th quarter worth about $46,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 1.3 %

ORLY opened at $1,318.80 on Friday. The business has a fifty day moving average of $1,249.77 and a 200 day moving average of $1,195.62. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,350.27. The stock has a market cap of $76.13 billion, a P/E ratio of 32.43, a PEG ratio of 2.50 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Maria Sastre sold 248 shares of O’Reilly Automotive stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the transaction, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction on 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 owns 700 shares of the company’s stock, valued at approximately $856,849. This trade represents a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,968 shares of company stock valued at $2,492,394 over the last quarter. 1.55% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ORLY shares. Wedbush upped their price target on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a “neutral” rating in a research note on Thursday, February 6th. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. Truist Financial increased their price objective on shares of 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. Guggenheim increased their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, TD Cowen upped their price target on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive has an average rating of “Buy” and an average price target of $1,390.81.

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.