Larson Financial Group LLC Increases Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Larson Financial Group LLC increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 60.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 207 shares of the specialty retailer’s stock after buying an additional 78 shares during the quarter. Larson Financial Group LLC’s holdings in O’Reilly Automotive were worth $197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jennison Associates LLC lifted its position in O’Reilly Automotive by 7.6% during the 4th quarter. Jennison Associates LLC now owns 947,484 shares of the specialty retailer’s stock worth $900,186,000 after acquiring an additional 66,629 shares during the period. Invesco Ltd. lifted its position in O’Reilly Automotive by 3.7% during the 3rd quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer’s stock worth $807,168,000 after acquiring an additional 31,487 shares during the period. Northern Trust Corp lifted its position in O’Reilly Automotive by 3.5% during the 3rd quarter. Northern Trust Corp now owns 683,547 shares of the specialty retailer’s stock worth $621,249,000 after acquiring an additional 23,016 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of O’Reilly Automotive by 89,319.3% in the 4th quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock valued at $621,025,000 after buying an additional 652,924 shares during the period. Finally, Winslow Capital Management LLC lifted its holdings in shares of O’Reilly Automotive by 14.7% in the 3rd quarter. Winslow Capital Management LLC now owns 302,615 shares of the specialty retailer’s stock valued at $275,035,000 after buying an additional 38,762 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ORLY has been the subject of several analyst reports. UBS Group boosted their price objective on 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. Royal Bank of Canada boosted their price objective on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a report on Friday, February 9th. Mizuho initiated coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective for the company. Truist Financial boosted their price objective on O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a report on Tuesday, April 2nd. Finally, Barclays boosted their price objective on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,115.19.

Insiders Place Their Bets

In other news, Chairman David E. Oreilly sold 10,000 shares of the company’s stock in a transaction that occurred on 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Jeremy Adam Fletcher sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the completion of the transaction, the chief financial officer now directly owns 2,335 shares in the company, valued at $2,400,380. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman David E. Oreilly sold 10,000 shares of the stock in a transaction that occurred on 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 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. In the last three months, insiders sold 25,968 shares of company stock worth $27,269,333. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Up 0.0 %

NASDAQ:ORLY opened at $1,092.70 on Thursday. 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 50 day moving average of $1,097.21 and a two-hundred day moving average of $1,014.34. The firm has a market cap of $64.50 billion, a P/E ratio of 28.40, a price-to-earnings-growth ratio of 1.98 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 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 analyst estimates of $3.86 billion. During the same period in the previous year, the business earned $8.37 EPS. O’Reilly Automotive’s quarterly revenue was up 5.1% on a year-over-year basis. On average, research analysts forecast that O’Reilly Automotive, Inc. will post 42.1 earnings per share 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.