O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Tributary Capital Management LLC

Tributary Capital Management LLC lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 311 shares of the specialty retailer’s stock after selling 14 shares during the period. Tributary Capital Management LLC’s holdings in O’Reilly Automotive were worth $369,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ORLY. Daymark Wealth Partners LLC grew its stake in shares of O’Reilly Automotive by 20.2% during the 2nd quarter. Daymark Wealth Partners LLC now owns 428 shares of the specialty retailer’s stock worth $452,000 after purchasing an additional 72 shares during the period. MBB Public Markets I LLC acquired a new position in O’Reilly Automotive during the second quarter worth about $4,588,000. Legal & General Group Plc increased its holdings in O’Reilly Automotive by 5.2% in the second quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer’s stock valued at $524,629,000 after buying an additional 24,767 shares in the last quarter. Scientech Research LLC lifted its position in shares of O’Reilly Automotive by 8.6% during the 2nd quarter. Scientech Research LLC now owns 239 shares of the specialty retailer’s stock valued at $252,000 after acquiring an additional 19 shares during the period. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of O’Reilly Automotive during the 2nd quarter worth approximately $1,584,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Down 0.6 %

NASDAQ:ORLY opened at $1,254.00 on Friday. The company has a market cap of $72.39 billion, a P/E ratio of 31.02, a P/E/G ratio of 2.30 and a beta of 0.94. The firm’s 50 day moving average is $1,225.18 and its two-hundred day moving average is $1,168.42. O’Reilly Automotive, Inc. has a fifty-two week low of $947.49 and a fifty-two week high of $1,283.96.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. O’Reilly Automotive’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $10.72 EPS. Research analysts forecast that O’Reilly Automotive, Inc. will post 40.86 earnings per share for the current fiscal year.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was 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 in the company, valued at $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Royal Bank of Canada raised their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Truist Financial lifted their price target 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. DA Davidson reissued a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Barclays lifted their target price on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 9th. Finally, Morgan Stanley upgraded shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $1,150.00 to $1,450.00 in a research report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $1,295.94.

About O’Reilly Automotive

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.