Perigon Wealth Management LLC Acquires 43 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Perigon Wealth Management LLC lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 14.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 346 shares of the specialty retailer’s stock after purchasing an additional 43 shares during the period. Perigon Wealth Management LLC’s holdings in O’Reilly Automotive were worth $329,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Cornerstone Planning Group LLC acquired a new position in shares of O’Reilly Automotive during the second quarter valued at $25,000. Steward Financial Group LLC lifted its stake in shares of O’Reilly Automotive by 141.7% during the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 17 shares during the period. Ancora Advisors LLC acquired a new position in shares of O’Reilly Automotive during the fourth quarter valued at $30,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of O’Reilly Automotive during the third quarter valued at $34,000. Finally, Carmel Capital Partners LLC lifted its stake in shares of O’Reilly Automotive by 1,750.0% during the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 35 shares during the period. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of O’Reilly Automotive stock opened at $1,089.51 on Wednesday. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11. The business has a 50-day moving average of $1,090.52 and a two-hundred day moving average of $1,006.87. The company has a market capitalization of $64.31 billion, a P/E ratio of 28.31, a price-to-earnings-growth ratio of 1.94 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, topping 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 in the prior year, the company earned $8.37 earnings per share. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. On average, equities analysts anticipate that O’Reilly Automotive, Inc. will post 42.09 EPS for the current fiscal year.

Analyst Ratings Changes

ORLY has been the topic of several research reports. Wedbush upped their price target on O’Reilly Automotive from $940.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Tuesday. Mizuho initiated coverage on O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target on the stock. Barclays upped their price target on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research note on Thursday, January 4th. Finally, Truist Financial upped their price target on O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a research note on Tuesday, April 2nd. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus target price of $1,089.59.

Insiders Place Their Bets

In other O’Reilly Automotive news, Chairman David E. Oreilly sold 10,000 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the completion of the sale, the chairman now directly owns 216,539 shares in the company, valued at $228,141,159.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Chairman David E. Oreilly sold 2,606 shares of the stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $1,045.10, for a total transaction of $2,723,530.60. Following the completion of the transaction, the chairman now directly owns 213,933 shares in the company, valued at $223,581,378.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman David E. Oreilly sold 10,000 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the transaction, the chairman now owns 216,539 shares of the company’s stock, valued at $228,141,159.62. The disclosure for this sale can be found here. Insiders sold 25,968 shares of company stock worth $27,269,333 over the last ninety days. 1.18% of the stock is currently owned by corporate insiders.

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.