Keybank National Association OH boosted its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 4.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 437,357 shares of the specialty retailer’s stock after buying an additional 17,187 shares during the period. Keybank National Association OH owned approximately 0.05% of O’Reilly Automotive worth $37,355,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of ORLY. First National Bank of Mount Dora Trust Investment Services lifted its holdings in shares of O’Reilly Automotive by 26.8% in the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 58,297 shares of the specialty retailer’s stock worth $5,381,000 after acquiring an additional 12,316 shares during the last quarter. Corient Private Wealth LP boosted its position in shares of O’Reilly Automotive by 46.0% during the 2nd quarter. Corient Private Wealth LP now owns 1,077,091 shares of the specialty retailer’s stock worth $99,189,000 after purchasing an additional 339,465 shares during the period. Swiss National Bank increased its holdings in O’Reilly Automotive by 6.5% in the 1st quarter. Swiss National Bank now owns 2,477,200 shares of the specialty retailer’s stock valued at $228,670,000 after purchasing an additional 152,100 shares during the last quarter. Nykredit A S acquired a new stake in O’Reilly Automotive in the 2nd quarter valued at approximately $34,040,000. Finally, Pelham Capital Ltd. increased its holdings in O’Reilly Automotive by 25.9% in the 2nd quarter. Pelham Capital Ltd. now owns 163,377 shares of the specialty retailer’s stock valued at $15,045,000 after purchasing an additional 33,610 shares during the last quarter. 85.00% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at O’Reilly Automotive
In other O’Reilly Automotive news, Director Maria Sastre sold 1,200 shares of the business’s stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $91.72, for a total value of $110,064.00. Following the completion of the transaction, the director owned 13,770 shares in the company, valued at $1,262,984.40. The trade was a 8.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Larry Gray sold 7,750 shares of the company’s stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $90.22, for a total value of $699,205.00. Following the sale, the senior vice president directly owned 4,971 shares in the company, valued at $448,483.62. This represents a 60.92% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 148,655 shares of company stock worth $13,623,283. 0.77% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of analysts have issued reports on the company. UBS Group reissued a “buy” rating and issued a $122.00 target price (up from $120.00) on shares of O’Reilly Automotive in a research report on Thursday, October 29th. Evercore restated an “outperform” rating on shares of O’Reilly Automotive in a research report on Monday, October 26th. Sanford C. Bernstein initiated coverage on O’Reilly Automotive in a research report on Tuesday, September 29th. They set a “market perform” rating and a $94.00 price target for the company. DA Davidson reaffirmed a “buy” rating and issued a $106.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, September 16th. Finally, The Goldman Sachs Group reiterated a “conviction-buy” rating and issued a $104.00 price objective on shares of O’Reilly Automotive in a report on Friday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $108.00.
Get Our Latest Stock Report on ORLY
O’Reilly Automotive Stock Performance
Shares of ORLY stock opened at $90.54 on Thursday. The stock has a market capitalization of $72.62 billion, a P/E ratio of 27.77, a price-to-earnings-growth ratio of 2.12 and a beta of 0.55. The company has a 50 day moving average price of $87.42 and a 200 day moving average price of $90.30. O’Reilly Automotive, Inc. has a fifty-two week low of $82.59 and a fifty-two week high of $102.46.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last announced its earnings results on Wednesday, October 28th. The specialty retailer reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. The firm had revenue of $5.12 billion for the quarter, compared to the consensus estimate of $5.02 billion. O’Reilly Automotive had a net margin of 14.27% and a negative return on equity of 188.24%. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.85 EPS. On average, research analysts forecast that O’Reilly Automotive, Inc. will post 3.31 EPS for the current fiscal year.
O’Reilly Automotive Company Profile
O’Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools and accessories. Its products serve both do-it-yourself customers maintaining their own vehicles and professional repair shops. The company also offers services such as battery testing, check-engine-light code reading and parts installation assistance. Its operations include retail stores and distribution centers that support customers and professional service providers. Founded in 1957 by Charles F. O’Reilly and his son Charles H. O’Reilly, the company opened its first store in Springfield, Missouri.
Featured Articles
- Five stocks we like better than O’Reilly Automotive
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Want to see what other hedge funds are holding ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).
Receive News & Ratings for O'Reilly Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for O'Reilly Automotive and related companies with MarketBeat.com's FREE daily email newsletter.
