K.J. Harrison & Partners Inc Makes New Investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

K.J. Harrison & Partners Inc bought a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,000 shares of the specialty retailer’s stock, valued at approximately $950,000.

Several other large investors have also made changes to their positions in the company. Exchange Traded Concepts LLC raised its position in O’Reilly Automotive by 16.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,921 shares of the specialty retailer’s stock valued at $1,746,000 after purchasing an additional 276 shares during the last quarter. Private Trust Co. NA grew its holdings in O’Reilly Automotive by 11.4% during the 3rd quarter. Private Trust Co. NA now owns 488 shares of the specialty retailer’s stock worth $444,000 after acquiring an additional 50 shares during the last quarter. Caprock Group LLC increased its position in O’Reilly Automotive by 2.4% in the 3rd quarter. Caprock Group LLC now owns 475 shares of the specialty retailer’s stock valued at $432,000 after acquiring an additional 11 shares in the last quarter. CX Institutional lifted its position in shares of O’Reilly Automotive by 25.6% during the third quarter. CX Institutional now owns 280 shares of the specialty retailer’s stock worth $254,000 after purchasing an additional 57 shares in the last quarter. Finally, Oak Thistle LLC bought a new stake in shares of O’Reilly Automotive during the third quarter valued at approximately $590,000. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on ORLY. Mizuho assumed coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target for the company. Evercore ISI reduced their price target on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research report on Friday. UBS Group raised their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Wedbush reaffirmed a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday. Finally, Truist Financial reduced their price objective on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a research note on Friday. Three research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus target price of $1,106.31.

Insider Activity at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 269 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the sale, the director now owns 950 shares of the company’s stock, valued at $987,316. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the sale, the chief financial officer now directly owns 2,335 shares in the company, valued at approximately $2,400,380. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John Raymond Murphy sold 269 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the transaction, the director now owns 950 shares of the company’s stock, valued at $987,316. The disclosure for this sale can be found here. Insiders sold 25,968 shares of company stock worth $27,269,333 in the last ninety days. 1.55% of the stock is owned by company insiders.

O’Reilly Automotive Trading Down 1.0 %

Shares of ORLY traded down $10.20 during midday trading on Friday, reaching $1,043.93. The stock had a trading volume of 335,739 shares, compared to its average volume of 330,021. The firm has a market cap of $61.62 billion, a PE ratio of 26.50, a P/E/G ratio of 1.93 and a beta of 0.86. The firm has a 50 day simple moving average of $1,097.20 and a 200-day simple moving average of $1,015.51. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The business had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same period in the previous year, the firm earned $8.28 EPS. The firm’s revenue was up 7.2% compared to the same quarter last year. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 41.7 EPS for the current fiscal year.

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.