O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,290 shares of the specialty retailer’s stock after acquiring an additional 35 shares during the quarter. Sanctuary Advisors LLC’s holdings in O’Reilly Automotive were worth $23,963,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the 4th quarter worth $30,000. Darwin Wealth Management LLC purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at about $32,000. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive during the third quarter worth $37,000. Princeton Global Asset Management LLC acquired a new position in O’Reilly Automotive in the 3rd quarter worth $41,000. Finally, Retirement Wealth Solutions LLC purchased a new position in O’Reilly Automotive in the fourth quarter valued at about $46,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $1,318.80 on Tuesday. The stock’s fifty day moving average is $1,249.77 and its 200 day moving average is $1,196.49. O’Reilly Automotive, Inc. has a 52 week low of $947.49 and a 52 week high of $1,350.27. The stock has a market capitalization of $76.13 billion, a P/E ratio of 32.43, a PEG ratio of 2.50 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, topping 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%. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 44.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ORLY shares. Morgan Stanley upgraded O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Truist Financial lifted their price target 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. Royal Bank of Canada upped their price objective on shares of O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Wedbush upped their target price on O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a research report on Thursday, February 6th. Finally, Barclays increased their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $1,390.81.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 500 shares of the company’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the sale, the senior vice president now owns 275 shares in the company, valued at approximately $364,375. This represents a 64.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Andrea Weiss sold 600 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now owns 700 shares of the company’s stock, valued at approximately $856,849. This trade represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,968 shares of company stock valued at $2,492,394. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Company 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.