Plato Investment Management Ltd acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 11,926 shares of the specialty retailer’s stock, valued at approximately $1,092,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of ORLY. Tucker Asset Management LLC bought a new position in shares of O’Reilly Automotive in the 4th quarter worth $26,000. Wilkerson Advisory Group LLC bought a new stake in O’Reilly Automotive during the 4th quarter valued at $27,000. Kelleher Financial Advisors bought a new stake in O’Reilly Automotive during the 2nd quarter valued at $28,000. Whipplewood Advisors LLC raised its holdings in O’Reilly Automotive by 1,552.6% during the first quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock worth $29,000 after buying an additional 295 shares during the last quarter. Finally, Bell Investment Advisors Inc acquired a new position in O’Reilly Automotive during the second quarter worth $29,000. Institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Stock Up 0.6%
O’Reilly Automotive stock opened at $90.76 on Wednesday. O’Reilly Automotive, Inc. has a 52 week low of $82.59 and a 52 week high of $108.71. The company’s 50 day moving average price is $88.96 and its two-hundred day moving average price is $91.20. The stock has a market cap of $73.42 billion, a P/E ratio of 28.90, a P/E/G ratio of 1.99 and a beta of 0.51.
Wall Street Analyst Weigh In
ORLY has been the subject of a number of analyst reports. Evercore reiterated an “outperform” rating and set a $115.00 price objective on shares of O’Reilly Automotive in a report on Friday, May 1st. The Goldman Sachs Group restated a “buy” rating on shares of O’Reilly Automotive in a report on Monday, August 3rd. UBS Group reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research report on Friday, July 31st. Raymond James Financial reiterated an “outperform” rating and set a $110.00 price target on shares of O’Reilly Automotive in a research note on Friday, July 31st. Finally, Citigroup reissued a “buy” rating and set a $106.00 price objective (up from $104.00) on shares of O’Reilly Automotive in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.24.
Check Out Our Latest Stock Analysis on ORLY
Insider Buying and Selling at O’Reilly Automotive
In related news, Director Thomas Hendrickson sold 1,200 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $88.32, for a total value of $105,984.00. Following the transaction, the director directly owned 19,675 shares of the company’s stock, valued at approximately $1,737,696. The trade was a 5.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 2,000 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $91.85, for a total transaction of $183,700.00. Following the transaction, the director owned 14,970 shares of the company’s stock, valued at approximately $1,374,994.50. The trade was a 11.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 6,200 shares of company stock worth $568,684 in the last quarter. 0.77% of the stock is currently owned by company insiders.
O’Reilly Automotive Company Profile
O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.
The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.
Featured Articles
- Five stocks we like better than O’Reilly Automotive
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
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.
