Tilt Investment Management Holdings PBC Makes New $228,000 Investment in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Tilt Investment Management Holdings PBC purchased a new position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 240 shares of the specialty retailer’s stock, valued at approximately $228,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cornerstone Planning Group LLC purchased a new stake in O’Reilly Automotive during the second quarter worth about $25,000. Steward Financial Group LLC increased its stake in shares of O’Reilly Automotive by 141.7% during the third quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock worth $26,000 after buying an additional 17 shares during the period. Ancora Advisors LLC purchased a new stake in shares of O’Reilly Automotive during the fourth quarter worth approximately $30,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth approximately $34,000. Finally, Carmel Capital Partners LLC increased its stake in shares of O’Reilly Automotive by 1,750.0% during the third quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock worth $34,000 after buying an additional 35 shares during the period. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on ORLY. Truist Financial upped their target price on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the stock a “buy” rating in a research note on Tuesday, April 2nd. UBS Group upped their target price on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Wednesday. Barclays upped their price target on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. Wells Fargo & Company upped their price target on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the company an “overweight” rating in a report on Monday, March 25th. Finally, Evercore ISI lowered their price target on O’Reilly Automotive from $1,240.00 to $1,220.00 and set an “outperform” rating for the company in a report on Tuesday. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,102.53.

O’Reilly Automotive Trading Up 0.6 %

ORLY stock opened at $1,101.06 on Friday. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11. The business has a 50 day simple moving average of $1,092.68 and a 200-day simple moving average of $1,008.14. The company has a market capitalization of $65.00 billion, a P/E ratio of 28.61, a PEG ratio of 1.99 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $9.26 EPS for the quarter, topping the consensus estimate of $9.07 by $0.19. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.86 billion. During the same quarter in the prior year, the business earned $8.37 earnings per share. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. Research analysts predict that O’Reilly Automotive, Inc. will post 42.09 EPS for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other news, Director John Raymond Murphy sold 269 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the completion of the sale, the director now owns 950 shares in the company, valued at $987,316. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of the stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total value of $279,566.32. Following the completion of the transaction, the director now owns 950 shares in the company, valued at $987,316. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the transaction, the senior vice president now owns 963 shares of the company’s stock, valued at approximately $1,000,200.69. The disclosure for this sale can be found here. Insiders sold 25,968 shares of company stock worth $27,269,333 over the last 90 days. 1.55% of the stock is currently owned by insiders.

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.