Mattern Capital Management LLC Acquires 13 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Mattern Capital Management LLC grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 333 shares of the specialty retailer’s stock after buying an additional 13 shares during the period. Mattern Capital Management LLC’s holdings in O’Reilly Automotive were worth $395,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. AlphaMark Advisors LLC purchased a new position in shares of O’Reilly Automotive during the fourth quarter worth $30,000. Kestra Investment Management LLC acquired a new stake in shares of O’Reilly Automotive in the fourth quarter valued at about $32,000. Darwin Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive in the third quarter valued at about $32,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of O’Reilly Automotive in the third quarter valued at about $37,000. Finally, Princeton Global Asset Management LLC acquired a new position in O’Reilly Automotive during the third quarter worth about $41,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 1.3 %

Shares of NASDAQ:ORLY opened at $1,312.44 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $947.49 and a 12-month high of $1,350.27. The firm has a market cap of $75.77 billion, a PE ratio of 32.28, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94. The company has a fifty day simple moving average of $1,253.03 and a 200 day simple moving average of $1,200.38.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) 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%. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 44.01 EPS for the current fiscal year.

Analysts Set New Price Targets

ORLY has been the topic of several recent analyst reports. Barclays boosted their target price on shares of O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. StockNews.com raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Wednesday, January 22nd. Wells Fargo & Company boosted their price target on shares of O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. Evercore ISI upped their target price on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Finally, Truist Financial upped their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $1,390.81.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Maria Sastre sold 248 shares of the business’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the sale, the director now directly owns 971 shares in the company, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,368 shares of company stock valued at $1,757,952 over the last 90 days. 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.