SageView Advisory Group LLC Acquires New Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

SageView Advisory Group LLC acquired a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 485 shares of the specialty retailer’s stock, valued at approximately $505,000.

Several other institutional investors also recently bought and sold shares of ORLY. Groesbeck Investment Management Corp NJ grew its holdings in O’Reilly Automotive by 0.7% in the fourth quarter. Groesbeck Investment Management Corp NJ now owns 1,375 shares of the specialty retailer’s stock worth $1,306,000 after purchasing an additional 10 shares during the last quarter. Lindbrook Capital LLC grew its holdings in O’Reilly Automotive by 3.9% in the fourth quarter. Lindbrook Capital LLC now owns 264 shares of the specialty retailer’s stock worth $251,000 after purchasing an additional 10 shares during the last quarter. Sunbelt Securities Inc. grew its holdings in O’Reilly Automotive by 2.4% in the third quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock worth $418,000 after purchasing an additional 11 shares during the last quarter. Atlas Brown Inc. grew its holdings in shares of O’Reilly Automotive by 2.8% during the fourth quarter. Atlas Brown Inc. now owns 400 shares of the specialty retailer’s stock valued at $380,000 after buying an additional 11 shares during the last quarter. Finally, L.M. Kohn & Company grew its holdings in shares of O’Reilly Automotive by 1.9% during the fourth quarter. L.M. Kohn & Company now owns 591 shares of the specialty retailer’s stock valued at $561,000 after buying an additional 11 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Lawrence P. Oreilly sold 1,500 shares of the company’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the completion of the transaction, the director now owns 31,613 shares in the company, valued at approximately $30,016,543.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, Director Lawrence P. Oreilly sold 1,500 shares of the company’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the completion of the transaction, the director now owns 31,613 shares in the company, valued at approximately $30,016,543.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the sale, the chief executive officer now directly owns 716 shares of the company’s stock, valued at approximately $726,740. The disclosure for this sale can be found here. Insiders own 1.18% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ORLY. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Wells Fargo & Company dropped their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a report on Thursday, April 25th. Truist Financial dropped 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 report on Friday, April 26th. UBS Group boosted their price objective on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, April 17th. Finally, Wedbush restated a “neutral” rating and set a $1,100.00 target price on shares of O’Reilly Automotive in a research report on Thursday, April 25th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,123.64.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $1,056.65 on Wednesday. The firm has a 50-day simple moving average of $1,020.48 and a two-hundred day simple moving average of $1,028.93. The company has a market cap of $62.23 billion, a P/E ratio of 26.82, a price-to-earnings-growth ratio of 1.85 and a beta of 0.89. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data 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 net margin of 14.78% and a negative return on equity of 145.86%. The business had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. During the same quarter in the prior year, the firm posted $8.28 earnings per share. The company’s revenue was up 7.2% compared to the same quarter last year. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 41.93 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.