FORA Capital LLC Buys Shares of 1,474 O'Reilly Automotive, Inc. (NASDAQ:ORLY)

FORA Capital LLC acquired a new position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,474 shares of the specialty retailer's stock, valued at approximately $1,697,000.

Other hedge funds have also recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. grew its stake in shares of O'Reilly Automotive by 5.3% in the first quarter. B. Riley Wealth Advisors Inc. now owns 1,944 shares of the specialty retailer's stock worth $2,195,000 after acquiring an additional 97 shares during the last quarter. Citizens Financial Group Inc. RI increased its holdings in shares of O'Reilly Automotive by 5.8% during the 1st quarter. Citizens Financial Group Inc. RI now owns 475 shares of the specialty retailer's stock worth $536,000 after purchasing an additional 26 shares during the period. Virtu Financial LLC increased its holdings in shares of O'Reilly Automotive by 10.8% during the 1st quarter. Virtu Financial LLC now owns 1,883 shares of the specialty retailer's stock worth $2,125,000 after purchasing an additional 184 shares during the period. LRI Investments LLC acquired a new position in shares of O'Reilly Automotive during the first quarter valued at about $96,000. Finally, Swedbank AB acquired a new stake in O'Reilly Automotive during the first quarter worth about $73,661,000. Institutional investors own 85.00% of the company's stock.

Insider Activity at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares in the company, valued at approximately $6,201.95. This represents a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrea Weiss sold 600 shares of the firm's 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 transaction, the director now directly owns 700 shares in the company, valued at $856,849. This trade represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is owned by company insiders.

O'Reilly Automotive Trading Down 0.0 %

Shares of ORLY traded down $0.21 during mid-day trading on Thursday, hitting $1,244.01. 214,889 shares of the company traded hands, compared to its average volume of 374,993. The stock has a market capitalization of $71.82 billion, a price-to-earnings ratio of 30.78, a PEG ratio of 2.51 and a beta of 0.92. The business has a 50-day moving average of $1,186.07 and a 200 day moving average of $1,106.27. O'Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,255.30.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm's quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the company posted $10.72 EPS. As a group, analysts anticipate that O'Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ORLY has been the subject of several recent research reports. Wedbush reaffirmed a "neutral" rating and issued a $1,200.00 price target on shares of O'Reilly Automotive in a report on Thursday, October 24th. Roth Mkm restated a "buy" rating and issued a $1,337.00 target price on shares of O'Reilly Automotive in a research note on Wednesday, October 16th. DA Davidson reiterated a "buy" rating and set a $1,275.00 price target on shares of O'Reilly Automotive in a research note on Thursday, October 24th. Truist Financial increased their price objective on shares of O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a "buy" rating in a research note on Friday, October 25th. Finally, Royal Bank of Canada lifted their target price on shares of O'Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an "outperform" rating in a research report on Friday, October 25th. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, O'Reilly Automotive currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,242.13.

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.