AGF Management Ltd. Sells 14,433 Shares of O’Reilly Automotive, Inc. $ORLY

AGF Management Ltd. lowered its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,395,462 shares of the specialty retailer’s stock after selling 14,433 shares during the quarter. AGF Management Ltd. owned 0.16% of O’Reilly Automotive worth $150,445,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Canton Hathaway LLC increased its holdings in O’Reilly Automotive by 1,400.0% in the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares during the period. Nemes Rush Group LLC grew its position in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 294 shares during the last quarter. True Wealth Design LLC increased its stake in shares of O’Reilly Automotive by 127.7% in the third quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 152 shares during the period. Aspect Partners LLC raised its position in shares of O’Reilly Automotive by 3,036.4% during the second quarter. Aspect Partners LLC now owns 345 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 334 shares during the last quarter. Finally, Bell Investment Advisors Inc lifted its stake in shares of O’Reilly Automotive by 1,400.0% in the second quarter. Bell Investment Advisors Inc now owns 345 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 322 shares during the period. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on ORLY. Truist Financial set a $109.00 target price on shares of O’Reilly Automotive in a research report on Friday, October 24th. Morgan Stanley set a $110.00 price objective on shares of O’Reilly Automotive and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Mizuho set a $112.00 target price on shares of O’Reilly Automotive in a research note on Monday, October 20th. Robert W. Baird raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Thursday, December 4th. Finally, Wells Fargo & Company set a $115.00 price target on O’Reilly Automotive and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $111.85.

O’Reilly Automotive Stock Performance

ORLY stock opened at $98.41 on Monday. The stock’s 50 day simple moving average is $95.49 and its 200 day simple moving average is $99.12. The company has a market cap of $83.07 billion, a P/E ratio of 34.09, a price-to-earnings-growth ratio of 2.09 and a beta of 0.62. O’Reilly Automotive, Inc. has a fifty-two week low of $85.55 and a fifty-two week high of $108.71.

Insider Buying and Selling

In related news, SVP Philip M. Hopper sold 3,500 shares of O’Reilly Automotive stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total value of $354,375.00. Following the completion of the sale, the senior vice president owned 4,792 shares of the company’s stock, valued at approximately $485,190. This trade represents a 42.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the business’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the sale, the senior vice president owned 28 shares of the company’s stock, valued at $2,836.68. This trade represents a 98.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,980 shares of company stock worth $882,335 in the last ninety days. Corporate insiders own 1.01% of the company’s stock.

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.