Ausdal Financial Partners Inc. grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 160.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,059 shares of the specialty retailer’s stock after buying an additional 16,674 shares during the period. Ausdal Financial Partners Inc.’s holdings in O’Reilly Automotive were worth $2,917,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Coastline Trust Co lifted its holdings in shares of O’Reilly Automotive by 4.0% during the 3rd quarter. Coastline Trust Co now owns 2,622 shares of the specialty retailer’s stock worth $283,000 after acquiring an additional 102 shares during the last quarter. Commons Capital LLC grew its position in O’Reilly Automotive by 1.1% in the third quarter. Commons Capital LLC now owns 9,888 shares of the specialty retailer’s stock worth $1,066,000 after acquiring an additional 104 shares in the last quarter. IAM Advisory LLC increased its stake in O’Reilly Automotive by 1.6% in the third quarter. IAM Advisory LLC now owns 7,312 shares of the specialty retailer’s stock valued at $788,000 after acquiring an additional 114 shares during the last quarter. Berkshire Asset Management LLC PA increased its stake in O’Reilly Automotive by 1.7% in the third quarter. Berkshire Asset Management LLC PA now owns 7,260 shares of the specialty retailer’s stock valued at $783,000 after acquiring an additional 120 shares during the last quarter. Finally, Lake Street Private Wealth LLC raised its position in O’Reilly Automotive by 2.2% during the third quarter. Lake Street Private Wealth LLC now owns 5,460 shares of the specialty retailer’s stock valued at $589,000 after purchasing an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Trading Down 1.5%
Shares of NASDAQ:ORLY opened at $91.54 on Monday. The stock’s 50-day moving average price is $94.89 and its 200-day moving average price is $97.85. O’Reilly Automotive, Inc. has a 12-month low of $85.83 and a 12-month high of $108.71. The stock has a market capitalization of $76.76 billion, a P/E ratio of 30.89, a price-to-earnings-growth ratio of 2.04 and a beta of 0.63.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on the company. Citigroup cut their price objective on O’Reilly Automotive from $114.00 to $110.00 and set a “buy” rating for the company in a report on Monday, February 9th. Royal Bank Of Canada set a $109.00 price objective on O’Reilly Automotive and gave the company an “outperform” rating in a report on Friday, February 6th. DA Davidson reaffirmed a “buy” rating and issued a $110.00 target price on shares of O’Reilly Automotive in a research note on Tuesday, February 3rd. Robert W. Baird lowered O’Reilly Automotive from an “outperform” rating to a “neutral” rating and set a $96.00 target price for the company. in a research note on Friday, February 6th. Finally, Mizuho set a $105.00 price target on shares of O’Reilly Automotive and gave the company an “outperform” rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive has an average rating of “Moderate Buy” and a consensus price target of $110.26.
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.
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