Apollon Wealth Management LLC Acquires 446 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Apollon Wealth Management LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 11.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,437 shares of the specialty retailer’s stock after acquiring an additional 446 shares during the quarter. Apollon Wealth Management LLC’s holdings in O’Reilly Automotive were worth $5,261,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ORLY. Atomi Financial Group Inc. boosted its holdings in O’Reilly Automotive by 9.1% in the third quarter. Atomi Financial Group Inc. now owns 335 shares of the specialty retailer’s stock valued at $386,000 after acquiring an additional 28 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its position in shares of O’Reilly Automotive by 38.5% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,033 shares of the specialty retailer’s stock worth $5,792,000 after buying an additional 1,400 shares during the period. Ritholtz Wealth Management raised its stake in O’Reilly Automotive by 1.4% during the third quarter. Ritholtz Wealth Management now owns 2,371 shares of the specialty retailer’s stock worth $2,730,000 after buying an additional 33 shares during the last quarter. Annex Advisory Services LLC boosted its position in O’Reilly Automotive by 6.1% during the third quarter. Annex Advisory Services LLC now owns 27,609 shares of the specialty retailer’s stock valued at $31,795,000 after acquiring an additional 1,598 shares during the last quarter. Finally, Crestmont Private Wealth LLC bought a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at about $212,000. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Down 1.1 %

NASDAQ ORLY opened at $1,316.75 on Friday. The stock’s 50-day simple moving average is $1,242.12 and its two-hundred day simple moving average is $1,187.34. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,350.27. The company has a market capitalization of $76.02 billion, a price-to-earnings ratio of 32.38, a PEG ratio of 2.50 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, beating analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. On average, equities analysts expect that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ORLY shares. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. BMO Capital Markets initiated coverage on shares of O’Reilly Automotive in a report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price target on the stock. Wells Fargo & Company upped their price objective on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an “overweight” rating in a research note on Tuesday, January 28th. Truist Financial raised their price objective on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Finally, BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, O’Reilly Automotive presently has an average rating of “Buy” and an average price target of $1,374.88.

Insider Buying and Selling

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

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.