Dakota Wealth Management Has $15.77 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Dakota Wealth Management boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,300 shares of the specialty retailer’s stock after purchasing an additional 829 shares during the quarter. Dakota Wealth Management’s holdings in O’Reilly Automotive were worth $15,771,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Handelsbanken Fonder AB lifted its position in O’Reilly Automotive by 2.5% in the 3rd quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer’s stock valued at $34,507,000 after acquiring an additional 727 shares in the last quarter. Assetmark Inc. lifted its position in O’Reilly Automotive by 20.8% in the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after acquiring an additional 3,193 shares in the last quarter. Annex Advisory Services LLC lifted its position in O’Reilly Automotive by 23.2% in the 4th quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock valued at $40,349,000 after acquiring an additional 6,418 shares in the last quarter. Marshfield Associates increased its stake in O’Reilly Automotive by 0.6% in the 2nd quarter. Marshfield Associates now owns 302,886 shares of the specialty retailer’s stock valued at $319,866,000 after buying an additional 1,718 shares during the last quarter. Finally, CIBC Asset Management Inc increased its stake in shares of O’Reilly Automotive by 4.7% during the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock worth $22,568,000 after purchasing an additional 882 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s 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 transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director now owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by insiders.

Analyst Ratings Changes

ORLY has been the subject of several research analyst reports. Barclays raised their price target 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 note on Thursday, January 9th. Roth Mkm reiterated a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Truist Financial lifted their price objective on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Evercore ISI lifted their price objective on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Finally, Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Two equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, O’Reilly Automotive presently has a consensus rating of “Buy” and an average price target of $1,289.44.

O’Reilly Automotive Stock Performance

NASDAQ ORLY opened at $1,241.08 on Wednesday. O’Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,283.96. The company has a market capitalization of $71.65 billion, a P/E ratio of 30.70, a P/E/G ratio of 2.26 and a beta of 0.94. The company has a fifty day moving average of $1,223.49 and a 200-day moving average of $1,164.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing the consensus estimate of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $10.72 earnings per share. As a group, analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

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.