305 Shares in O’Reilly Automotive, Inc. (NASDAQ:ORLY) Purchased by YorkBridge Wealth Partners LLC


YorkBridge Wealth Partners LLC purchased a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 305 shares of the specialty retailer’s stock, valued at approximately $209,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. National Bank of Canada FI acquired a new position in shares of O’Reilly Automotive during the 4th quarter worth about $16,133,000. Brookstone Capital Management raised its position in shares of O’Reilly Automotive by 17.0% during the 4th quarter. Brookstone Capital Management now owns 1,779 shares of the specialty retailer’s stock worth $1,214,000 after purchasing an additional 258 shares during the last quarter. Vantage Investment Partners LLC raised its position in shares of O’Reilly Automotive by 9.4% during the 4th quarter. Vantage Investment Partners LLC now owns 110,070 shares of the specialty retailer’s stock worth $77,735,000 after purchasing an additional 9,438 shares during the last quarter. Veriti Management LLC raised its position in shares of O’Reilly Automotive by 11.5% during the 1st quarter. Veriti Management LLC now owns 561 shares of the specialty retailer’s stock worth $384,000 after purchasing an additional 58 shares during the last quarter. Finally, Forum Financial Management LP acquired a new position in shares of O’Reilly Automotive during the 4th quarter worth about $520,000. Hedge funds and other institutional investors own 82.76% of the company’s stock.

Shares of NASDAQ ORLY opened at $641.12 on Tuesday. The company has a 50-day simple moving average of $630.70 and a 200-day simple moving average of $661.45. The company has a market capitalization of $42.14 billion, a P/E ratio of 20.54, a P/E/G ratio of 1.55 and a beta of 1.04. O’Reilly Automotive, Inc. has a 1 year low of $554.38 and a 1 year high of $748.68.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last announced its quarterly earnings results on Wednesday, April 27th. The specialty retailer reported $7.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.43 by ($0.26). The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. O’Reilly Automotive had a negative return on equity of 2,699.29% and a net margin of 15.85%. During the same quarter in the prior year, the business earned $7.06 EPS. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 32.62 earnings per share for the current fiscal year.

In related news, SVP Richard Darin Venosdel sold 4,754 shares of the stock in a transaction that occurred on Thursday, April 7th. The shares were sold at an average price of $725.00, for a total transaction of $3,446,650.00. Following the completion of the transaction, the senior vice president now owns 4,200 shares of the company’s stock, valued at approximately $3,045,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jeremy Adam Fletcher acquired 835 shares of the stock in a transaction that occurred on Friday, May 20th. The shares were bought at an average cost of $600.00 per share, with a total value of $501,000.00. Following the transaction, the chief financial officer now directly owns 1,897 shares in the company, valued at approximately $1,138,200. The disclosure for this purchase can be found here. Company insiders own 1.73% of the company’s stock.

Several research analysts recently weighed in on the stock. Truist Financial reduced their price target on shares of O’Reilly Automotive from $837.00 to $788.00 in a research report on Friday, April 29th. Bank of America upgraded shares of O’Reilly Automotive from a “neutral” rating to a “buy” rating and set a $730.00 price objective for the company in a report on Tuesday, May 10th. StockNews.com initiated coverage on shares of O’Reilly Automotive in a report on Thursday, March 31st. They issued a “buy” rating for the company. Citigroup cut their price objective on shares of O’Reilly Automotive from $720.00 to $662.00 in a report on Friday, May 13th. Finally, MKM Partners initiated coverage on shares of O’Reilly Automotive in a report on Thursday, June 23rd. They issued a “buy” rating and a $700.00 price objective for the company. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has an average rating of “Moderate Buy” and an average target price of $718.18.

O’Reilly Automotive Company Profile (Get Rating)

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. 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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)



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