ETF Portfolio Partners Inc. Grows Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

ETF Portfolio Partners Inc. boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 75.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 350 shares of the specialty retailer’s stock after buying an additional 150 shares during the quarter. ETF Portfolio Partners Inc.’s holdings in O’Reilly Automotive were worth $415,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Handelsbanken Fonder AB boosted its stake in shares of O’Reilly Automotive by 2.5% during the 3rd quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer’s stock worth $34,507,000 after purchasing an additional 727 shares during the period. Assetmark Inc. boosted its position in shares of O’Reilly Automotive by 20.8% during the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after buying an additional 3,193 shares during the period. Annex Advisory Services LLC boosted its position in shares of O’Reilly Automotive by 23.2% during the fourth quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock valued at $40,349,000 after buying an additional 6,418 shares during the period. CIBC Asset Management Inc grew its stake in shares of O’Reilly Automotive by 4.7% during the third quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock valued at $22,568,000 after buying an additional 882 shares during the last quarter. Finally, 3Chopt Investment Partners LLC purchased a new stake in shares of O’Reilly Automotive in the second quarter worth approximately $851,000. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.6 %

NASDAQ:ORLY opened at $1,254.00 on Monday. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,283.96. The stock’s 50-day moving average price is $1,225.18 and its 200-day moving average price is $1,169.49. The stock has a market capitalization of $72.39 billion, a PE ratio of 31.02, a price-to-earnings-growth ratio of 2.30 and a beta of 0.94.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ORLY shares. Truist Financial upped their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Barclays upped 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 report on Thursday, January 9th. Guggenheim lifted their price objective on shares of O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the company a “buy” rating in a report on Friday. BMO Capital Markets assumed coverage on shares of O’Reilly Automotive in a research note on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 target price on the stock. Finally, Royal Bank of Canada lifted their price target 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. Two research 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. According to MarketBeat, O’Reilly Automotive currently has an average rating of “Buy” and a consensus target price of $1,295.94.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Andrea Weiss sold 600 shares of the business’s 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 sale, 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. 1.55% of the stock is owned by corporate insiders.

About O’Reilly Automotive

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.