O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Grove Bank & Trust

Grove Bank & Trust raised its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 36.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 156 shares of the specialty retailer’s stock after buying an additional 42 shares during the period. Grove Bank & Trust’s holdings in O’Reilly Automotive were worth $185,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Darwin Wealth Management LLC purchased a new position in O’Reilly Automotive during the 3rd quarter valued at about $32,000. Trifecta Capital Advisors LLC lifted its position 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 worth $33,000 after purchasing an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $37,000. Princeton Global Asset Management LLC acquired a new position in shares of O’Reilly Automotive in the third quarter valued at approximately $41,000. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of O’Reilly Automotive in the fourth quarter valued at approximately $46,000. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Up 1.0 %

Shares of ORLY opened at $1,216.79 on Monday. The company’s 50 day simple moving average is $1,223.72 and its 200-day simple moving average is $1,161.74. The firm has a market cap of $70.25 billion, a PE ratio of 30.10, a price-to-earnings-growth ratio of 2.23 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) 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 analysts’ expectations of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the business posted $10.72 earnings per share. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Andrea Weiss sold 600 shares of the firm’s 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 sale, the director now owns 700 shares in the company, valued at approximately $856,849. This trade represents a 46.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Barclays boosted their price target on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 9th. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. JPMorgan Chase & Co. boosted their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Finally, TD Cowen raised their target price on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,270.69.

Check Out Our Latest Stock Analysis on ORLY

O’Reilly Automotive Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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