Baker Tilly Wealth Management LLC Purchases 27 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Baker Tilly Wealth Management LLC boosted its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 718 shares of the specialty retailer’s stock after acquiring an additional 27 shares during the quarter. Baker Tilly Wealth Management LLC’s holdings in O’Reilly Automotive were worth $851,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its holdings in O’Reilly Automotive by 1.1% during the second quarter. Private Advisor Group LLC now owns 2,421 shares of the specialty retailer’s stock worth $2,557,000 after purchasing an additional 26 shares during the period. Acadian Asset Management LLC boosted its stake in shares of O’Reilly Automotive by 152.7% during the 2nd quarter. Acadian Asset Management LLC now owns 2,145 shares of the specialty retailer’s stock worth $2,262,000 after acquiring an additional 1,296 shares during the period. Quest Partners LLC increased its holdings in shares of O’Reilly Automotive by 390.5% during the 2nd quarter. Quest Partners LLC now owns 618 shares of the specialty retailer’s stock worth $653,000 after acquiring an additional 492 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in O’Reilly Automotive in the 2nd quarter valued at $113,000. Finally, Dorsey & Whitney Trust CO LLC lifted its holdings in O’Reilly Automotive by 10.7% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 611 shares of the specialty retailer’s stock valued at $645,000 after purchasing an additional 59 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock traded down $5.63 during trading hours on Friday, reaching $1,200.11. The stock had a trading volume of 50,980 shares, compared to its average volume of 283,976. The stock has a market cap of $69.28 billion, a PE ratio of 29.69, a PEG ratio of 2.58 and a beta of 0.94. O’Reilly Automotive, Inc. has a 52 week low of $935.75 and a 52 week high of $1,283.96. The company has a fifty day simple moving average of $1,221.63 and a 200-day simple moving average of $1,154.51.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the previous year, the firm posted $10.72 EPS. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. Research analysts predict that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ORLY. TD Cowen raised their target price on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Roth Mkm reiterated a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Truist Financial upped their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. Wells Fargo & Company boosted their target price on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Finally, BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Three investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and an average price target of $1,270.69.

Insider Buying and Selling

In other news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

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.