Calamos Advisors LLC Acquires 1,022 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Calamos Advisors LLC boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) by 4.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,403 shares of the specialty retailer’s stock after acquiring an additional 1,022 shares during the quarter. Calamos Advisors LLC’s holdings in O’Reilly Automotive were worth $18,647,000 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 ORLY. D Orazio & Associates Inc. bought a new position in shares of O’Reilly Automotive during the 3rd quarter worth approximately $29,000. Mascoma Wealth Management LLC bought a new position in shares of O’Reilly Automotive during the 4th quarter worth approximately $30,000. Atlas Capital Advisors LLC bought a new position in shares of O’Reilly Automotive during the 4th quarter worth approximately $30,000. Total Clarity Wealth Management Inc. bought a new position in shares of O’Reilly Automotive during the 3rd quarter worth approximately $43,000. Finally, RE Advisers Corp lifted its position in shares of O’Reilly Automotive by 37.9% during the 3rd quarter. RE Advisers Corp now owns 80 shares of the specialty retailer’s stock worth $49,000 after buying an additional 22 shares in the last quarter. 79.79% of the stock is currently owned by institutional investors and hedge funds.

In related news, SVP Jeffrey Alan Lauro acquired 80 shares of the company’s stock in a transaction that occurred on Wednesday, February 23rd. The shares were acquired at an average price of $630.00 per share, with a total value of $50,400.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.11% of the company’s stock.

Several equities analysts have commented on the stock. Wells Fargo & Company lifted their target price on shares of O’Reilly Automotive from $715.00 to $780.00 in a research report on Wednesday, January 5th. Jefferies Financial Group lifted their target price on shares of O’Reilly Automotive from $740.00 to $765.00 and gave the stock a “buy” rating in a research report on Friday, February 11th. Truist Financial lifted their price target on shares of O’Reilly Automotive from $796.00 to $837.00 and gave the stock a “buy” rating in a report on Friday, February 11th. DA Davidson increased their price objective on O’Reilly Automotive from $640.00 to $700.00 and gave the company a “neutral” rating in a report on Thursday, December 30th. Finally, Royal Bank of Canada raised their target price on O’Reilly Automotive from $755.00 to $815.00 and gave the stock an “outperform” rating in a research report on Friday, February 11th. Eight investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $713.50.

ORLY traded up $15.29 during trading on Thursday, reaching $716.43. 9,501 shares of the company were exchanged, compared to its average volume of 575,006. The company’s 50-day moving average is $672.06 and its two-hundred day moving average is $658.03. The company has a market cap of $47.50 billion, a price-to-earnings ratio of 23.04, a P/E/G ratio of 1.55 and a beta of 1.02. O’Reilly Automotive, Inc. has a 12-month low of $506.86 and a 12-month high of $710.86.

O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last issued its quarterly earnings data on Wednesday, February 9th. The specialty retailer reported $7.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.00 by $1.64. The business had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.07 billion. O’Reilly Automotive had a return on equity of 251,634.50% and a net margin of 16.24%. During the same quarter in the prior year, the firm posted $5.40 EPS. Equities analysts predict that O’Reilly Automotive, Inc. will post 33.17 earnings per share for the current year.

O’Reilly Automotive Company Profile (Get Rating)

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. 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.

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