Kestra Private Wealth Services LLC Acquires 363 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Kestra Private Wealth Services LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 16.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,609 shares of the specialty retailer’s stock after purchasing an additional 363 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in O’Reilly Automotive were worth $2,479,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in ORLY. Groesbeck Investment Management Corp NJ boosted its stake in O’Reilly Automotive by 0.7% during the fourth quarter. Groesbeck Investment Management Corp NJ now owns 1,375 shares of the specialty retailer’s stock valued at $1,306,000 after buying an additional 10 shares during the last quarter. Lindbrook Capital LLC raised its stake in O’Reilly Automotive by 3.9% during the fourth quarter. Lindbrook Capital LLC now owns 264 shares of the specialty retailer’s stock valued at $251,000 after purchasing an additional 10 shares in the last quarter. Western Pacific Wealth Management LP lifted its position in O’Reilly Automotive by 11.6% during the third quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer’s stock valued at $96,000 after purchasing an additional 11 shares during the last quarter. Sunbelt Securities Inc. raised its position in shares of O’Reilly Automotive by 2.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock valued at $418,000 after buying an additional 11 shares in the last quarter. Finally, Atlas Brown Inc. lifted its holdings in shares of O’Reilly Automotive by 2.8% in the 4th quarter. Atlas Brown Inc. now owns 400 shares of the specialty retailer’s stock valued at $380,000 after acquiring an additional 11 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at O’Reilly Automotive

In related news, Chairman David E. Oreilly sold 6,444 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the sale, the chairman now owns 205,095 shares of the company’s stock, valued at $217,933,947. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Chairman David E. Oreilly sold 6,444 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the sale, the chairman now owns 205,095 shares of the company’s stock, valued at $217,933,947. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jeffrey Alan Lauro sold 431 shares of O’Reilly Automotive stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the completion of the transaction, the senior vice president now directly owns 963 shares in the company, valued at $1,000,200.69. The disclosure for this sale can be found here. In the last three months, insiders sold 25,968 shares of company stock valued at $27,269,333. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $1,005.11 on Thursday. The company’s 50-day simple moving average is $1,095.77 and its two-hundred day simple moving average is $1,018.24. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The company has a market capitalization of $59.33 billion, a price-to-earnings ratio of 25.51, a price-to-earnings-growth ratio of 1.91 and a beta of 0.90.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. O’Reilly Automotive’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company posted $8.28 earnings per share. Equities analysts expect that O’Reilly Automotive, Inc. will post 41.92 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. UBS Group upped their price objective on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. The Goldman Sachs Group lifted their price objective on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Wells Fargo & Company lowered their target price on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a report on Thursday, April 25th. Barclays increased their price objective on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 4th. Finally, Truist Financial reduced their price target on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a report on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,110.07.

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.