Overbrook Management Corp Has $10.99 Million Stock Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Overbrook Management Corp trimmed its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,266 shares of the specialty retailer's stock after selling 410 shares during the period. O'Reilly Automotive makes up approximately 2.4% of Overbrook Management Corp's investment portfolio, making the stock its 17th largest holding. Overbrook Management Corp's holdings in O'Reilly Automotive were worth $10,988,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB lifted its position in O'Reilly Automotive by 0.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 21,521 shares of the specialty retailer's stock worth $25,520,000 after purchasing an additional 115 shares during the period. Strong Tower Advisory Services grew its holdings in shares of O'Reilly Automotive by 4.6% in the 4th quarter. Strong Tower Advisory Services now owns 546 shares of the specialty retailer's stock worth $647,000 after acquiring an additional 24 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in O'Reilly Automotive during the 4th quarter worth about $214,000. Annex Advisory Services LLC raised its holdings in shares of O'Reilly Automotive by 23.2% during the fourth quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer's stock valued at $40,349,000 after acquiring an additional 6,418 shares during the period. Finally, Grove Bank & Trust raised its stake in O'Reilly Automotive by 36.8% during the 4th quarter. Grove Bank & Trust now owns 156 shares of the specialty retailer's stock valued at $185,000 after purchasing an additional 42 shares during the period. 85.00% of the stock is currently owned by institutional investors.

O'Reilly Automotive Stock Up 1.0 %

ORLY traded up $12.07 during trading on Monday, hitting $1,216.79. The company's stock had a trading volume of 278,679 shares, compared to its average volume of 296,252. The stock has a market capitalization of $70.25 billion, a price-to-earnings ratio of 30.10, a price-to-earnings-growth ratio of 2.23 and a beta of 0.94. The firm's 50 day moving average price is $1,223.72 and its two-hundred day moving average price is $1,162.73. O'Reilly Automotive, Inc. has a 12 month low of $947.49 and a 12 month high of $1,283.96.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The business's quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $10.72 earnings per share. On average, sell-side analysts forecast 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. JPMorgan Chase & Co. increased their price objective on O'Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an "overweight" rating in a report on Wednesday, October 16th. Royal Bank of Canada raised their price objective 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. Roth Capital upgraded shares of O'Reilly Automotive to a "strong-buy" rating in a research note on Tuesday, October 15th. Truist Financial upped their price target on O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. Finally, DA Davidson restated a "buy" rating and set a $1,275.00 price target on shares of O'Reilly Automotive in a report on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $1,270.69.

Insider Transactions at O'Reilly Automotive

In related news, SVP Jeffery Thomas Loafman sold 620 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the senior vice president now directly owns 5 shares of the company's stock, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Andrea Weiss sold 600 shares of the firm's stock in a transaction that occurred on 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 approximately $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is owned by company insiders.

O'Reilly Automotive 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.