Brophy Wealth Management LLC Invests $441,000 in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Brophy Wealth Management LLC acquired a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 383 shares of the specialty retailer’s stock, valued at approximately $441,000.

Several other hedge funds also recently modified their holdings of ORLY. Darwin Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive in the third quarter valued at approximately $32,000. Trifecta Capital Advisors LLC increased its holdings in shares of O’Reilly Automotive by 383.3% in the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive in the third quarter valued at approximately $37,000. Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive in the third quarter valued at approximately $41,000. Finally, Kings Path Partners LLC acquired a new stake in shares of O’Reilly Automotive in the second quarter valued at approximately $44,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other news, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred 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 owns 700 shares of the company’s stock, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were 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 directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.18% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on ORLY shares. Bank of America raised their price target on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Truist Financial raised 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 report on Friday, October 25th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Barclays raised their price objective on shares of O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. Finally, Royal Bank of Canada raised their price objective on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,248.06.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $1,266.35 on Wednesday. The business has a 50 day simple moving average of $1,204.04 and a 200 day simple moving average of $1,120.87. O’Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,273.59. The stock has a market cap of $73.11 billion, a price-to-earnings ratio of 31.33, a PEG ratio of 2.55 and a beta of 0.93.

O’Reilly Automotive (NASDAQ:ORLY) last issued 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 business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. O’Reilly Automotive’s revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business earned $10.72 earnings per share. On average, analysts predict that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

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.