J.W. Cole Advisors Inc. Has $579,000 Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

J.W. Cole Advisors Inc. boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 6.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 548 shares of the specialty retailer’s stock after buying an additional 31 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in O’Reilly Automotive were worth $579,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of ORLY. Prosperity Consulting Group LLC grew its stake in shares of O’Reilly Automotive by 23.9% in the 2nd quarter. Prosperity Consulting Group LLC now owns 591 shares of the specialty retailer’s stock valued at $624,000 after buying an additional 114 shares in the last quarter. Inspire Advisors LLC grew its position in O’Reilly Automotive by 23.1% in the second quarter. Inspire Advisors LLC now owns 639 shares of the specialty retailer’s stock worth $675,000 after acquiring an additional 120 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of O’Reilly Automotive by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 222,174 shares of the specialty retailer’s stock worth $234,629,000 after purchasing an additional 9,260 shares during the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of O’Reilly Automotive by 35.9% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 8,382 shares of the specialty retailer’s stock valued at $8,852,000 after purchasing an additional 2,215 shares in the last quarter. Finally, Wealthspire Advisors LLC lifted its stake in shares of O’Reilly Automotive by 2.4% in the 2nd quarter. Wealthspire Advisors LLC now owns 521 shares of the specialty retailer’s stock valued at $550,000 after purchasing an additional 12 shares during the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on ORLY. Wells Fargo & Company increased their target price on shares of O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the stock an “overweight” rating in a research report on Thursday, August 22nd. UBS Group reduced their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a report on Thursday, July 18th. Bank of America lifted their price target on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. DA Davidson upped their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Finally, Truist Financial raised their target price on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,144.06.

Insider Activity

In other O’Reilly Automotive news, Director Gregory D. Johnson sold 15,364 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the completion of the transaction, the director now owns 5,016 shares in the company, valued at $5,698,978.56. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, Director Gregory D. Johnson sold 15,364 shares of the stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total value of $17,455,962.24. Following the completion of the transaction, the director now directly owns 5,016 shares of the company’s stock, valued at approximately $5,698,978.56. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dana Perlman sold 48 shares of the company’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total value of $53,268.48. Following the completion of the sale, the director now owns 1,097 shares in the company, valued at $1,217,406.72. The disclosure for this sale can be found here. In the last three months, insiders have sold 50,411 shares of company stock worth $56,846,062. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Down 0.2 %

O’Reilly Automotive stock opened at $1,127.92 on Wednesday. The business has a 50 day moving average price of $1,106.13 and a two-hundred day moving average price of $1,071.50. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11. The stock has a market cap of $65.43 billion, a price-to-earnings ratio of 28.63, a price-to-earnings-growth ratio of 2.13 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The firm had revenue of $4.27 billion during the quarter, compared to analyst estimates of $4.32 billion. During the same quarter in the previous year, the company posted $10.22 earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, analysts expect that O’Reilly Automotive, Inc. will post 41.13 earnings per share 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.