Mogy Joel R Investment Counsel Inc. Buys 989 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Mogy Joel R Investment Counsel Inc. raised its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 23.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,159 shares of the specialty retailer’s stock after purchasing an additional 989 shares during the period. Mogy Joel R Investment Counsel Inc.’s holdings in O’Reilly Automotive were worth $4,901,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in ORLY. Steward Financial Group LLC boosted its holdings in shares of O’Reilly Automotive by 141.7% during the 3rd quarter. Steward Financial Group LLC now owns 29 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 17 shares during the last quarter. Carmel Capital Partners LLC boosted its holdings in shares of O’Reilly Automotive by 1,750.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 37 shares of the specialty retailer’s stock valued at $34,000 after purchasing an additional 35 shares during the last quarter. Arlington Trust Co LLC bought a new position in shares of O’Reilly Automotive during the 3rd quarter valued at about $39,000. Washington Trust Advisors Inc. boosted its holdings in shares of O’Reilly Automotive by 31.0% during the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after purchasing an additional 13 shares during the last quarter. Finally, Financial Management Professionals Inc. raised its position in shares of O’Reilly Automotive by 29.5% during the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after buying an additional 13 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Mizuho began coverage on O’Reilly Automotive in a research note on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price objective on the stock. The Goldman Sachs Group boosted their target price on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Evercore ISI cut their target price on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research report on Friday. Truist Financial cut their target price on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Wedbush reissued a “neutral” rating and set a $1,100.00 target price on shares of O’Reilly Automotive in a research report on Thursday. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,106.31.

O’Reilly Automotive Price Performance

Shares of ORLY stock traded down $10.20 during mid-day trading on Friday, hitting $1,043.93. The stock had a trading volume of 335,739 shares, compared to its average volume of 330,021. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The firm has a market capitalization of $61.62 billion, a P/E ratio of 26.50, a price-to-earnings-growth ratio of 1.93 and a beta of 0.86. The firm’s 50-day moving average is $1,097.20 and its two-hundred day moving average is $1,015.51.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The business had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.99 billion. During the same period in the prior year, the business earned $8.28 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Analysts expect that O’Reilly Automotive, Inc. will post 41.7 EPS for the current year.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro sold 431 shares of the company’s 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 sale, the senior vice president now directly owns 963 shares in the company, valued at approximately $1,000,200.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, SVP Jeffrey Alan Lauro sold 431 shares of the business’s 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 directly owns 963 shares of the company’s stock, valued at approximately $1,000,200.69. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John Raymond Murphy sold 269 shares of the business’s 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 directly owns 950 shares of the company’s stock, valued at $987,316. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,968 shares of company stock worth $27,269,333. 1.55% of the stock is currently owned by company 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.