SRS Capital Advisors Inc. Sells 45 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

SRS Capital Advisors Inc. trimmed its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 46.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51 shares of the specialty retailer’s stock after selling 45 shares during the period. SRS Capital Advisors Inc.’s holdings in O’Reilly Automotive were worth $48,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Groesbeck Investment Management Corp NJ boosted its holdings in shares of O’Reilly Automotive by 0.7% in the fourth quarter. Groesbeck Investment Management Corp NJ now owns 1,375 shares of the specialty retailer’s stock valued at $1,306,000 after buying an additional 10 shares during the period. Lindbrook Capital LLC increased its holdings in O’Reilly Automotive by 3.9% during the 4th quarter. Lindbrook Capital LLC now owns 264 shares of the specialty retailer’s stock worth $251,000 after purchasing an additional 10 shares in the last quarter. Western Pacific Wealth Management LP raised its stake in shares of O’Reilly Automotive by 11.6% in the 3rd quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer’s stock valued at $96,000 after purchasing an additional 11 shares during the period. Sunbelt Securities Inc. raised its stake in shares of O’Reilly Automotive by 2.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock valued at $418,000 after purchasing an additional 11 shares during the period. Finally, Atlas Brown Inc. lifted its holdings in shares of O’Reilly Automotive by 2.8% in the fourth quarter. Atlas Brown Inc. now owns 400 shares of the specialty retailer’s stock valued at $380,000 after purchasing an additional 11 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. UBS Group lifted their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Evercore ISI cut their price objective on shares of O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research report on Friday, April 26th. StockNews.com downgraded shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday. Wedbush reissued a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research report on Thursday, April 25th. Finally, Truist Financial decreased their price objective on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a report on Friday, April 26th. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,110.07.

O’Reilly Automotive Price Performance

Shares of NASDAQ:ORLY opened at $1,012.95 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11. The stock has a market capitalization of $59.79 billion, a price-to-earnings ratio of 25.71, a price-to-earnings-growth ratio of 1.91 and a beta of 0.90. The company’s 50 day simple moving average is $1,093.90 and its 200 day simple moving average is $1,018.63.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The company had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.99 billion. During the same quarter in the previous year, the firm earned $8.28 EPS. O’Reilly Automotive’s revenue was up 7.2% on a year-over-year basis. As a group, analysts anticipate that O’Reilly Automotive, Inc. will post 41.92 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Jeremy Adam Fletcher sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the completion of the transaction, the chief financial officer now owns 2,335 shares of the company’s stock, valued at approximately $2,400,380. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CFO Jeremy Adam Fletcher sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the completion of the transaction, the chief financial officer now owns 2,335 shares in the company, valued at approximately $2,400,380. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Jeffrey Alan Lauro sold 431 shares of the firm’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the transaction, the senior vice president now directly owns 963 shares of the company’s stock, valued at approximately $1,000,200.69. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,968 shares of company stock valued at $27,269,333. 1.55% of the stock is currently owned by corporate insiders.

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.