First National Bank of Omaha grew its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 6.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,939 shares of the specialty retailer’s stock after acquiring an additional 5,711 shares during the quarter. First National Bank of Omaha’s holdings in O’Reilly Automotive were worth $9,026,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the stock. Alchemi Wealth LLC acquired a new position in shares of O’Reilly Automotive during the fourth quarter valued at about $284,000. Martingale Asset Management L P acquired a new position in shares of O’Reilly Automotive during the fourth quarter valued at about $249,000. Dynamic Technology Lab Private Ltd increased its holdings in shares of O’Reilly Automotive by 109.7% during the fourth quarter. Dynamic Technology Lab Private Ltd now owns 15,163 shares of the specialty retailer’s stock valued at $1,383,000 after acquiring an additional 7,932 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in O’Reilly Automotive by 16.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,646,927 shares of the specialty retailer’s stock valued at $697,476,000 after buying an additional 1,072,935 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in O’Reilly Automotive by 0.4% in the fourth quarter. Wells Fargo & Company MN now owns 3,694,558 shares of the specialty retailer’s stock valued at $336,981,000 after buying an additional 13,072 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.
O’Reilly Automotive Stock Up 1.0%
Shares of NASDAQ ORLY opened at $91.02 on Friday. The business’s 50 day moving average price is $91.60 and its 200 day moving average price is $93.37. The firm has a market cap of $75.43 billion, a P/E ratio of 29.75, a P/E/G ratio of 1.99 and a beta of 0.53. O’Reilly Automotive, Inc. has a 52 week low of $85.35 and a 52 week high of $108.71.
Insiders Place Their Bets
In other O’Reilly Automotive news, SVP Philip M. Hopper sold 3,700 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $94.60, for a total value of $350,020.00. Following the sale, the senior vice president owned 4,888 shares in the company, valued at approximately $462,404.80. This represents a 43.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Robert Allen Dumas sold 84,600 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $92.60, for a total value of $7,833,960.00. Following the completion of the sale, the senior vice president owned 1,782 shares in the company, valued at approximately $165,013.20. This represents a 97.94% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 105,730 shares of company stock worth $9,815,388. Corporate insiders own 0.77% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the company. Wells Fargo & Company reiterated an “overweight” rating and issued a $110.00 target price (up from $105.00) on shares of O’Reilly Automotive in a research report on Thursday, April 30th. Weiss Ratings reiterated a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Monday, April 27th. UBS Group upped their target price on O’Reilly Automotive from $114.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Truist Financial set a $108.00 target price on O’Reilly Automotive in a research report on Thursday, April 30th. Finally, Robert W. Baird set a $110.00 target price on O’Reilly Automotive in a research report on Friday, May 1st. One research 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 MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $112.25.
View Our Latest Analysis on O’Reilly Automotive
O’Reilly Automotive 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.
Further Reading
- Five stocks we like better than O’Reilly Automotive
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.
