Resonant Capital Advisors LLC Has $724,000 Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Resonant Capital Advisors LLC lessened its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 762 shares of the specialty retailer’s stock after selling 27 shares during the quarter. Resonant Capital Advisors LLC’s holdings in O’Reilly Automotive were worth $724,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Cornerstone Planning Group LLC acquired a new stake in shares of O’Reilly Automotive during the 2nd quarter valued at $25,000. Steward Financial Group LLC boosted its holdings in shares of O’Reilly Automotive by 141.7% during the 3rd 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 in the last quarter. Ancora Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter valued at $30,000. Carmel Capital Partners LLC boosted its holdings in shares of O’Reilly Automotive by 1,750.0% during the 3rd 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 in the last quarter. Finally, Compass Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter valued at $38,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ORLY shares. The Goldman Sachs Group raised their price objective on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a report on Friday, February 9th. UBS Group raised their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research report on Wednesday. Evercore ISI lowered their target price on O’Reilly Automotive from $1,240.00 to $1,220.00 and set an “outperform” rating for the company in a research report on Tuesday. Royal Bank of Canada raised their target price on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research report on Friday, February 9th. Finally, Wedbush raised their target price on O’Reilly Automotive from $940.00 to $1,100.00 and gave the stock a “neutral” rating in a research report on Thursday, February 8th. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and an average price target of $1,102.53.

O’Reilly Automotive Trading Down 0.9 %

ORLY stock opened at $1,090.94 on Friday. The stock has a 50-day moving average price of $1,093.98 and a 200-day moving average price of $1,009.47. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The firm has a market cap of $64.40 billion, a PE ratio of 28.35, a price-to-earnings-growth ratio of 2.00 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share 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 firm had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.86 billion. During the same period last year, the company posted $8.37 EPS. The business’s quarterly revenue was up 5.1% on a year-over-year basis. On average, analysts forecast that O’Reilly Automotive, Inc. will post 42.09 earnings per share for the current year.

Insider Activity at O’Reilly Automotive

In related news, SVP Jeffrey Alan Lauro sold 431 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the sale, the senior vice president now directly owns 963 shares of the company’s stock, valued at approximately $1,000,200.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, SVP Jeffrey Alan Lauro sold 431 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the sale, the senior vice president now directly owns 963 shares of the company’s stock, valued at approximately $1,000,200.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Doug D. Bragg sold 1,218 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the completion of the sale, the executive vice president now directly owns 5,533 shares of the company’s stock, valued at $5,884,566.82. The disclosure for this sale can be found here. Insiders sold 25,968 shares of company stock valued at $27,269,333 in the last three months. Corporate insiders own 1.55% of the company’s stock.

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.