ZWJ Investment Counsel Inc. acquired a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 174 shares of the specialty retailer’s stock, valued at approximately $206,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Asset Dedication LLC raised its holdings in O’Reilly Automotive by 6.2% in the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer’s stock worth $178,000 after acquiring an additional 9 shares during the last quarter. Marks Group Wealth Management Inc grew its position in O’Reilly Automotive by 1.5% in the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer’s stock worth $697,000 after purchasing an additional 9 shares during the period. Venturi Wealth Management LLC grew its position in O’Reilly Automotive by 8.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after purchasing an additional 9 shares during the period. Metis Global Partners LLC grew its position in O’Reilly Automotive by 0.5% in the 3rd quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer’s stock worth $2,145,000 after purchasing an additional 9 shares during the period. Finally, L.M. Kohn & Company grew its position in O’Reilly Automotive by 1.4% in the 3rd quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer’s stock worth $753,000 after purchasing an additional 9 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Stock Performance
Shares of O’Reilly Automotive stock opened at $1,241.08 on Wednesday. The company has a market capitalization of $71.65 billion, a P/E ratio of 30.70, a P/E/G ratio of 2.26 and a beta of 0.94. The company has a fifty day moving average of $1,223.49 and a 200 day moving average of $1,164.11. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,283.96.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on ORLY shares. DA Davidson reaffirmed a “buy” rating and issued a $1,275.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Roth Capital raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. Royal Bank of Canada lifted their target price on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $1,289.44.
Get Our Latest Stock Analysis on O’Reilly Automotive
Insiders Place Their Bets
In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the business’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 sale, the director now owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction on 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 completion of the sale, the senior vice president now owns 5 shares in the company, 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. Corporate insiders own 1.18% of the company’s stock.
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.
Further Reading
- Five stocks we like better than O’Reilly Automotive
- Investing In Automotive Stocks
- SAP’s Strong Momentum: A Bullish Setup for Investors
- What is the Dogs of the Dow Strategy? Overview and Examples
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- Compound Interest and Why It Matters When Investing
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.