SVB Wealth LLC Purchases 200 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

SVB Wealth LLC lifted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 12.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,813 shares of the specialty retailer’s stock after buying an additional 200 shares during the quarter. SVB Wealth LLC’s holdings in O’Reilly Automotive were worth $1,722,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Caprock Group LLC grew its stake in shares of O’Reilly Automotive by 2.4% during the 3rd quarter. Caprock Group LLC now owns 475 shares of the specialty retailer’s stock worth $432,000 after acquiring an additional 11 shares during the period. Western Pacific Wealth Management LP grew its stake in shares of O’Reilly Automotive by 11.6% during the 3rd quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer’s stock worth $96,000 after acquiring an additional 11 shares during the period. Sunbelt Securities Inc. grew its stake in shares of O’Reilly Automotive by 2.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock worth $418,000 after acquiring an additional 11 shares during the period. Atlas Brown Inc. grew its stake in shares of O’Reilly Automotive by 2.8% during the 4th quarter. Atlas Brown Inc. now owns 400 shares of the specialty retailer’s stock worth $380,000 after acquiring an additional 11 shares during the period. Finally, PGIM Custom Harvest LLC grew its stake in shares of O’Reilly Automotive by 4.8% during the 1st quarter. PGIM Custom Harvest LLC now owns 262 shares of the specialty retailer’s stock worth $222,000 after acquiring an additional 12 shares during the period. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on ORLY. StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Tuesday. Truist Financial raised their target price on O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the stock a “buy” rating in a research note on Tuesday, April 2nd. UBS Group raised their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday. Wells Fargo & Company raised their target price on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Monday, March 25th. Finally, Royal Bank of Canada raised their target price on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Four equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,102.53.

Insider Transactions at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 269 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the sale, the director now directly owns 950 shares in the company, valued at $987,316. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director John Raymond Murphy sold 269 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the sale, the director now directly owns 950 shares in the company, valued at $987,316. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman David E. Oreilly sold 10,000 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares in the company, valued at $228,141,159.62. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,968 shares of company stock worth $27,269,333. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive Trading Up 0.6 %

Shares of NASDAQ ORLY opened at $1,101.06 on Friday. The stock has a market cap of $65.00 billion, a price-to-earnings ratio of 28.61, a P/E/G ratio of 1.99 and a beta of 0.86. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The stock’s 50-day moving average is $1,092.68 and its 200 day moving average is $1,008.14.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share for the quarter, beating analysts’ consensus estimates of $9.07 by $0.19. The company had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. O’Reilly Automotive’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the firm posted $8.37 EPS. On average, analysts forecast that O’Reilly Automotive, Inc. will post 42.09 EPS for the current fiscal year.

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.