PFG Advisors reduced its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 32.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,204 shares of the specialty retailer’s stock after selling 18,091 shares during the period. PFG Advisors’ holdings in O’Reilly Automotive were worth $3,393,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of ORLY. Eagle Bay Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter worth about $25,000. True Wealth Design LLC boosted its stake in shares of O’Reilly Automotive by 127.7% during the 3rd quarter. True Wealth Design LLC now owns 271 shares of the specialty retailer’s stock worth $29,000 after purchasing an additional 152 shares during the last quarter. IAG Wealth Partners LLC acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $31,000. Westfuller Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $32,000. Finally, Financial Consulate Inc. acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $34,000. 85.00% of the stock is owned by institutional investors and hedge funds.
O’Reilly Automotive Stock Performance
O’Reilly Automotive stock opened at $93.81 on Wednesday. The stock’s 50 day moving average price is $92.66 and its 200 day moving average price is $95.26. The firm has a market capitalization of $78.49 billion, a PE ratio of 31.66, a price-to-earnings-growth ratio of 2.06 and a beta of 0.60. O’Reilly Automotive, Inc. has a one year low of $86.77 and a one year high of $108.71.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on ORLY shares. Mizuho set a $105.00 price target on shares of O’Reilly Automotive and gave the stock an “outperform” rating in a research note on Friday, February 6th. Roth Mkm reaffirmed a “buy” rating on shares of O’Reilly Automotive in a research note on Wednesday, February 4th. Truist Financial set a $107.00 price objective on shares of O’Reilly Automotive and gave the stock a “buy” rating in a report on Friday, February 6th. Robert W. Baird lowered shares of O’Reilly Automotive from an “outperform” rating to a “neutral” rating and set a $96.00 price objective on the stock. in a report on Friday, February 6th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.26.
Check Out Our Latest Research Report on O’Reilly Automotive
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.
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