Syon Capital LLC Has $626,000 Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Syon Capital LLC raised its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 27.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 659 shares of the specialty retailer’s stock after buying an additional 143 shares during the quarter. Syon Capital LLC’s holdings in O’Reilly Automotive were worth $626,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Meritage Portfolio Management grew its holdings in shares of O’Reilly Automotive by 6.4% during the 4th quarter. Meritage Portfolio Management now owns 7,533 shares of the specialty retailer’s stock worth $7,157,000 after purchasing an additional 450 shares in the last quarter. Disciplined Equity Management Inc. acquired a new stake in O’Reilly Automotive in the 4th quarter valued at $155,000. Tokio Marine Asset Management Co. Ltd. boosted its stake in O’Reilly Automotive by 1.2% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 16,315 shares of the specialty retailer’s stock valued at $15,501,000 after buying an additional 188 shares in the last quarter. Magnolia Capital Advisors LLC bought a new position in O’Reilly Automotive in the 4th quarter valued at $262,000. Finally, GAMMA Investing LLC bought a new position in O’Reilly Automotive in the 4th quarter valued at $393,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analysts Set New Price Targets

ORLY has been the subject of several research analyst reports. Truist Financial cut their price objective on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a research report on Friday. The Goldman Sachs Group boosted their target price on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Royal Bank of Canada boosted their target price on O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research report on Friday, February 9th. Evercore ISI dropped their target price on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating for the company in a research report on Friday. Finally, StockNews.com upgraded O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,106.31.

O’Reilly Automotive Trading Down 1.0 %

Shares of ORLY stock traded down $10.20 on Friday, hitting $1,043.93. 335,118 shares of the stock were exchanged, compared to its average volume of 372,742. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11. The firm has a market capitalization of $61.62 billion, a P/E ratio of 26.58, a price-to-earnings-growth ratio of 1.98 and a beta of 0.86. The business has a 50-day moving average of $1,097.34 and a 200 day moving average of $1,014.62.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 139.08% and a net margin of 14.78%. The business had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same quarter in the prior year, the company posted $8.28 earnings per share. O’Reilly Automotive’s revenue was up 7.2% on a year-over-year basis. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 42.1 EPS for the current fiscal year.

Insider Buying and Selling

In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the sale, the executive vice president now owns 5,533 shares in the company, valued at $5,884,566.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other 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 transaction of $5,140,000.00. Following the transaction, the chief financial officer now owns 2,335 shares in the company, valued at $2,400,380. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Doug D. Bragg sold 1,218 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the transaction, the executive vice president now owns 5,533 shares in the company, valued at approximately $5,884,566.82. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,968 shares of company stock worth $27,269,333. 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.