Pinnacle Wealth Management Advisory Group LLC Has $292,000 Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Pinnacle Wealth Management Advisory Group LLC cut its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 8.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 246 shares of the specialty retailer’s stock after selling 22 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in O’Reilly Automotive were worth $292,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ORLY. AlphaMark Advisors LLC bought a new position in shares of O’Reilly Automotive in the fourth quarter worth $30,000. Darwin Wealth Management LLC bought a new stake in O’Reilly Automotive during the 3rd quarter worth $32,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive during the third quarter valued at about $37,000. Princeton Global Asset Management LLC bought a new position in O’Reilly Automotive during the 3rd quarter worth $41,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of O’Reilly Automotive during the fourth quarter worth $46,000. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on ORLY shares. Barclays increased their price target on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. DA Davidson increased their price target on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the company a “buy” rating in a research report on Friday, February 7th. Truist Financial increased their price objective on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. UBS Group upped their price objective on O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Wells Fargo & Company upped their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Buy” and an average target price of $1,390.81.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction on Monday, November 25th. The stock was 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 $6,201.95. The trade was a 99.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated 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 owns 700 shares of the company’s stock, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,968 shares of company stock valued at $2,492,394 over the last three months. 1.55% of the stock is owned by company insiders.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $1,318.80 on Monday. The business’s fifty day moving average is $1,249.77 and its 200 day moving average is $1,196.00. The company has a market capitalization of $76.13 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 2.50 and a beta of 0.94. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, sell-side analysts forecast that O’Reilly Automotive, Inc. will post 44.16 EPS for the current year.

O’Reilly Automotive 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.