Dakota Wealth Management Has $2.68 Million Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Dakota Wealth Management lessened its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 22.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,825 shares of the specialty retailer's stock after selling 815 shares during the period. Dakota Wealth Management's holdings in O'Reilly Automotive were worth $2,684,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Cibc World Market Inc. lifted its holdings in O'Reilly Automotive by 305.4% in the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer's stock worth $2,213,000 after purchasing an additional 2,434 shares during the period. Sei Investments Co. lifted its stake in shares of O'Reilly Automotive by 51.3% in the 1st quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer's stock worth $10,894,000 after acquiring an additional 5,376 shares during the period. Prudential PLC bought a new position in shares of O'Reilly Automotive in the first quarter valued at approximately $1,847,000. Cetera Investment Advisers increased its stake in shares of O'Reilly Automotive by 48.9% during the first quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer's stock valued at $1,343,000 after acquiring an additional 644 shares during the period. Finally, Moors & Cabot Inc. raised its holdings in O'Reilly Automotive by 11.4% during the first quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer's stock worth $262,000 after purchasing an additional 39 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at O'Reilly Automotive

In related news, Director John Raymond Murphy sold 269 shares of the 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 approximately $987,316. The sale was disclosed in a filing with the SEC, 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 shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the completion of the sale, the director now directly owns 950 shares of the company's stock, valued at approximately $987,316. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman David E. Oreilly sold 10,000 shares of the business's stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the transaction, the chairman now owns 216,539 shares in the company, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. Over the last three months, insiders sold 25,968 shares of company stock worth $27,269,333. 1.18% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ORLY has been the topic of several research analyst reports. Evercore ISI lowered their price target on O'Reilly Automotive from $1,240.00 to $1,220.00 and set an "outperform" rating on the stock in a research report on Tuesday. Royal Bank of Canada upped their price target on shares of O'Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an "outperform" rating in a report on Friday, February 9th. Truist Financial raised their price objective on shares of O'Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a "buy" rating in a research report on Tuesday, April 2nd. The Goldman Sachs Group increased their target price on shares of O'Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a "buy" rating in a research note on Friday, February 9th. Finally, Mizuho initiated coverage on shares of O'Reilly Automotive in a research report on Tuesday, March 19th. They issued a "buy" rating and a $1,225.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $1,089.59.

O'Reilly Automotive Stock Performance

Shares of ORLY stock traded up $5.29 during trading on Wednesday, hitting $1,094.80. 316,500 shares of the company were exchanged, compared to its average volume of 367,605. The firm has a market capitalization of $64.63 billion, a price-to-earnings ratio of 28.31, a P/E/G ratio of 1.94 and a beta of 0.86. O'Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11. The business's 50-day simple moving average is $1,090.52 and its 200 day simple moving average is $1,006.87.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $9.07 by $0.19. O'Reilly Automotive had a net margin of 14.84% and a negative return on equity of 139.01%. The firm had revenue of $3.83 billion during the quarter, compared to analysts' expectations of $3.86 billion. During the same period in the prior year, the company posted $8.37 earnings per share. O'Reilly Automotive's revenue for the quarter was up 5.1% on a year-over-year basis. On average, equities analysts forecast that O'Reilly Automotive, Inc. will post 42.09 earnings per share for the current fiscal year.

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.