CFM Wealth Partners LLC Increases Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

CFM Wealth Partners LLC increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,538 shares of the specialty retailer’s stock after purchasing an additional 257 shares during the period. O’Reilly Automotive accounts for about 1.7% of CFM Wealth Partners LLC’s holdings, making the stock its 14th biggest holding. CFM Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $10,124,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. AlphaMark Advisors LLC purchased a new stake in shares of O’Reilly Automotive in the 4th quarter valued at about $30,000. Darwin Wealth Management LLC acquired a new position in O’Reilly Automotive in the 3rd quarter valued at about $32,000. Trifecta Capital Advisors LLC increased its position in O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in O’Reilly Automotive in the 3rd quarter valued at about $37,000. Finally, Princeton Global Asset Management LLC acquired a new position in O’Reilly Automotive in the 3rd quarter valued at about $41,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the company’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 represents a 46.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company’s 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 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. 1.18% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. JPMorgan Chase & Co. boosted their price target on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Guggenheim boosted their price target on O’Reilly Automotive from $1,275.00 to $1,400.00 and gave the company a “buy” rating in a research report on Friday, January 24th. StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Finally, Wedbush reiterated a “neutral” rating and set a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Two equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $1,301.82.

O’Reilly Automotive Stock Performance

ORLY stock opened at $1,294.42 on Monday. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,311.78. The stock’s 50 day moving average price is $1,233.49 and its 200 day moving average price is $1,178.34. The firm has a market cap of $74.73 billion, a P/E ratio of 32.02, a PEG ratio of 2.40 and a beta of 0.94.

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.