Cerity Partners LLC Has $6.69 Million Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Cerity Partners LLC boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 262.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,046 shares of the specialty retailer’s stock after acquiring an additional 5,103 shares during the quarter. Cerity Partners LLC’s holdings in O’Reilly Automotive were worth $6,694,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Fortune Financial Advisors LLC grew its position in O’Reilly Automotive by 2.4% during the 4th quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock worth $2,325,000 after acquiring an additional 57 shares during the last quarter. National Bank of Canada FI increased its stake in shares of O’Reilly Automotive by 22.6% in the third quarter. National Bank of Canada FI now owns 42,044 shares of the specialty retailer’s stock valued at $37,751,000 after buying an additional 7,762 shares during the period. SignalPoint Asset Management LLC raised its holdings in O’Reilly Automotive by 3.3% in the 4th quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock valued at $48,567,000 after buying an additional 1,642 shares during the last quarter. HB Wealth Management LLC boosted its position in O’Reilly Automotive by 7.0% during the 4th quarter. HB Wealth Management LLC now owns 1,747 shares of the specialty retailer’s stock worth $1,660,000 after buying an additional 114 shares during the period. Finally, LPL Financial LLC grew its holdings in O’Reilly Automotive by 10.8% during the 3rd quarter. LPL Financial LLC now owns 34,746 shares of the specialty retailer’s stock worth $31,579,000 after acquiring an additional 3,385 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director John Raymond Murphy sold 269 shares of the stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total value of $279,566.32. Following the transaction, the director now directly owns 950 shares in the company, valued at approximately $987,316. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the completion of the transaction, the executive vice president now owns 5,533 shares in the company, valued at approximately $5,884,566.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $279,566.32. Following the completion of the sale, the director now directly owns 950 shares of the company’s stock, valued at $987,316. The disclosure for this sale can be found here. Over the last quarter, insiders sold 27,468 shares of company stock valued at $28,769,333. Company insiders own 1.18% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the topic of a number of recent research reports. The Goldman Sachs Group lifted their price target on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a report on Friday, February 9th. StockNews.com lowered O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Wells Fargo & Company raised their price objective on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Monday, March 25th. Wedbush upped their target price on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. Finally, Truist Financial raised their price target on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. Five research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,090.76.

O’Reilly Automotive Trading Down 0.7 %

NASDAQ:ORLY opened at $1,069.27 on Tuesday. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The stock has a market capitalization of $63.12 billion, a price-to-earnings ratio of 27.79, a PEG ratio of 1.95 and a beta of 0.86. The firm has a fifty day simple moving average of $1,089.77 and a two-hundred day simple moving average of $1,005.60.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, beating the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. During the same period last year, the business posted $8.37 EPS. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. Equities analysts predict that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current fiscal year.

About O’Reilly Automotive

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.