Wealth Enhancement Advisory Services LLC Buys 3,272 Shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Wealth Enhancement Advisory Services LLC raised its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 16.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,195 shares of the specialty retailer's stock after purchasing an additional 3,272 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in O'Reilly Automotive were worth $33,227,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Carolinas Wealth Consulting LLC boosted its position in O'Reilly Automotive by 14.3% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock worth $76,000 after purchasing an additional 8 shares during the period. Marcum Wealth LLC boosted its holdings in O'Reilly Automotive by 4.0% in the 1st quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock worth $301,000 after buying an additional 8 shares during the period. Alcosta Capital Management Inc. boosted its holdings in O'Reilly Automotive by 0.3% in the 4th quarter. Alcosta Capital Management Inc. now owns 3,156 shares of the specialty retailer's stock worth $3,742,000 after buying an additional 9 shares during the period. Forum Financial Management LP boosted its holdings in O'Reilly Automotive by 1.5% in the 4th quarter. Forum Financial Management LP now owns 623 shares of the specialty retailer's stock worth $739,000 after buying an additional 9 shares during the period. Finally, FFT Wealth Management LLC boosted its holdings in shares of O'Reilly Automotive by 3.2% in the fourth quarter. FFT Wealth Management LLC now owns 319 shares of the specialty retailer's stock worth $378,000 after acquiring an additional 10 shares during the period. 85.00% of the stock is owned by institutional investors.

O'Reilly Automotive Stock Up 1.6%

Shares of ORLY stock opened at $89.69 on Friday. The business has a 50-day moving average price of $91.20 and a two-hundred day moving average price of $87.99. O'Reilly Automotive, Inc. has a 12-month low of $67.24 and a 12-month high of $97.22. The firm has a market cap of $76.67 billion, a P/E ratio of 32.97, a price-to-earnings-growth ratio of 2.41 and a beta of 0.60.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.04). The firm had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.18 billion. O'Reilly Automotive had a negative return on equity of 167.25% and a net margin of 14.10%. The company's revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the firm earned $0.61 EPS. As a group, research analysts expect that O'Reilly Automotive, Inc. will post 43.94 EPS for the current fiscal year.

Insider Transactions at O'Reilly Automotive

In other O'Reilly Automotive news, SVP Najera Jose A. Montellano sold 285 shares of the business's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $90.13, for a total value of $25,686.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Ramon Parises Odems sold 30,000 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $90.70, for a total value of $2,720,900.00. Following the sale, the senior vice president now owns 240 shares of the company's stock, valued at $21,767.20. This represents a 99.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 33,285 shares of company stock worth $3,022,386. 1.01% of the stock is currently owned by insiders.

Analyst Ratings Changes

ORLY has been the subject of a number of analyst reports. Mizuho raised their price target on O'Reilly Automotive from $93.33 to $96.33 and gave the stock an "outperform" rating in a report on Friday, April 25th. UBS Group raised their target price on O'Reilly Automotive from $102.33 to $105.33 and gave the stock a "buy" rating in a research note on Thursday, April 24th. Wall Street Zen upgraded O'Reilly Automotive from a "hold" rating to a "buy" rating in a research note on Thursday, April 3rd. Morgan Stanley restated an "overweight" rating on shares of O'Reilly Automotive in a research report on Thursday, April 24th. Finally, BMO Capital Markets raised their price objective on shares of O'Reilly Automotive from $96.67 to $100.00 and gave the company an "outperform" rating in a research report on Friday, April 25th. Two equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $94.30.

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.

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