Quotient Wealth Partners LLC increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 7.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 383 shares of the specialty retailer’s stock after acquiring an additional 27 shares during the period. Quotient Wealth Partners LLC’s holdings in O’Reilly Automotive were worth $455,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in ORLY. Wellington Management Group LLP lifted its holdings in shares of O’Reilly Automotive by 73.0% during the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock valued at $1,986,874,000 after purchasing an additional 728,040 shares in the last quarter. Geode Capital Management LLC raised its position in O’Reilly Automotive by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock worth $1,700,513,000 after buying an additional 24,135 shares during the last quarter. International Assets Investment Management LLC lifted its stake in O’Reilly Automotive by 99,957.0% during the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock valued at $984,027,000 after acquiring an additional 853,633 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in O’Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock worth $692,816,000 after purchasing an additional 133,139 shares during the last quarter. Finally, Mizuho Securities USA LLC boosted its stake in shares of O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock worth $5,393,000 after buying an additional 482,670 shares during the last quarter. 85.00% of the stock is owned by institutional investors.
O’Reilly Automotive Trading Down 1.1 %
Shares of NASDAQ ORLY opened at $1,316.75 on Monday. The stock has a market capitalization of $76.02 billion, a price-to-earnings ratio of 32.38, a P/E/G ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,350.27. The firm’s 50-day moving average price is $1,242.12 and its 200-day moving average price is $1,188.31.
Insider Transactions at O’Reilly Automotive
In other 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 transaction of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were 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 directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.55% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the stock. Roth Mkm reiterated a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Royal Bank of Canada upped their price objective on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research note on Friday. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Finally, Mizuho upped their price target on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $1,387.69.
Read Our Latest Stock Analysis on ORLY
O’Reilly Automotive Company 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.
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