Catalyst Financial Partners LLC Boosts Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Catalyst Financial Partners LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 460 shares of the specialty retailer’s stock after buying an additional 14 shares during the period. Catalyst Financial Partners LLC’s holdings in O’Reilly Automotive were worth $437,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ORLY. Fortune Financial Advisors LLC increased its position in O’Reilly Automotive by 2.4% during the 4th quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock valued at $2,325,000 after purchasing an additional 57 shares during the period. SignalPoint Asset Management LLC grew its holdings in O’Reilly Automotive by 3.3% during the fourth quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock valued at $48,567,000 after purchasing an additional 1,642 shares during the period. Duality Advisers LP purchased a new stake in O’Reilly Automotive in the 4th quarter worth approximately $924,000. NewEdge Wealth LLC raised its position in shares of O’Reilly Automotive by 13.6% during the 4th quarter. NewEdge Wealth LLC now owns 34,217 shares of the specialty retailer’s stock valued at $32,509,000 after purchasing an additional 4,101 shares during the period. Finally, HB Wealth Management LLC raised its holdings in O’Reilly Automotive by 7.0% during the fourth quarter. HB Wealth Management LLC now owns 1,747 shares of the specialty retailer’s stock valued at $1,660,000 after acquiring an additional 114 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on ORLY. Mizuho began coverage on shares of O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target on the stock. Evercore ISI dropped their target price on shares of O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research note on Friday, April 26th. Royal Bank of Canada upped their target price on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Wedbush reiterated a “neutral” rating and set a $1,100.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, April 25th. Finally, Wells Fargo & Company decreased their target price on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research report on Thursday, April 25th. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,110.07.

O’Reilly Automotive Price Performance

NASDAQ:ORLY traded down $0.37 during trading hours on Wednesday, reaching $1,020.34. The company had a trading volume of 282,148 shares, compared to its average volume of 376,269. The business’s 50 day moving average price is $1,091.76 and its 200-day moving average price is $1,021.39. The firm has a market cap of $60.23 billion, a PE ratio of 25.90, a price-to-earnings-growth ratio of 1.91 and a beta of 0.90. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. The company had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $8.28 earnings per share. On average, analysts expect that O’Reilly Automotive, Inc. will post 41.92 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the transaction, the chief executive officer now directly owns 716 shares of the company’s stock, valued at approximately $726,740. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of the stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the sale, the chief executive officer now directly owns 716 shares of the company’s stock, valued at approximately $726,740. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $5,140,000.00. Following the transaction, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at $2,400,380. The disclosure for this sale can be found here. Insiders have sold a total of 32,000 shares of company stock worth $33,391,813 in the last quarter. 1.55% of the stock is owned by company 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.