Blue Zone Wealth Advisors LLC Buys 157 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Blue Zone Wealth Advisors LLC boosted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.0% in the fourth quarter, HoldingsChannel reports. The firm owned 4,096 shares of the specialty retailer’s stock after acquiring an additional 157 shares during the period. O’Reilly Automotive makes up 1.4% of Blue Zone Wealth Advisors LLC’s portfolio, making the stock its 27th biggest position. Blue Zone Wealth Advisors LLC’s holdings in O’Reilly Automotive were worth $4,857,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ORLY. AlphaMark Advisors LLC acquired a new stake in shares of O’Reilly Automotive during the fourth quarter worth $30,000. Darwin Wealth Management LLC bought a new stake in shares of O’Reilly Automotive in the third quarter valued at about $32,000. MidAtlantic Capital Management Inc. bought a new stake in shares of O’Reilly Automotive in the third quarter valued at about $37,000. Princeton Global Asset Management LLC acquired a new stake in shares of O’Reilly Automotive in the third quarter valued at about $41,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of O’Reilly Automotive in the fourth quarter valued at about $46,000. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Down 1.3 %

Shares of O’Reilly Automotive stock opened at $1,318.80 on Friday. The company has a market cap of $76.13 billion, a P/E ratio of 32.43, a PEG ratio of 2.50 and a beta of 0.94. The business has a 50-day moving average price of $1,249.77 and a two-hundred day moving average price of $1,195.62. O’Reilly Automotive, Inc. has a 1-year low of $947.49 and a 1-year high of $1,350.27.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate of $9.73 by $0.23. O’Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 44.16 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of O’Reilly Automotive 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 transaction, the director now owns 700 shares of the company’s stock, valued at $856,849. This trade represents a 46.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Maria Sastre sold 248 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the transaction, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. This represents a 20.34 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,968 shares of company stock valued at $2,492,394. 1.55% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. TD Cowen boosted their price target on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Guggenheim boosted their price target on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Truist Financial upped their target price 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. Barclays upped their target price on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a research note on Friday, February 7th. Finally, Mizuho increased their price target on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $1,390.81.

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.