Machina Capital S.A.S. decreased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 43.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,592 shares of the specialty retailer’s stock after selling 19,998 shares during the quarter. Machina Capital S.A.S.’s holdings in O’Reilly Automotive were worth $2,186,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. WealthBridge Capital Management LLC lifted its stake in O’Reilly Automotive by 1.6% in the 3rd quarter. WealthBridge Capital Management LLC now owns 8,106 shares of the specialty retailer’s stock valued at $692,000 after buying an additional 125 shares in the last quarter. Pointe Capital Management LLC boosted its holdings in O’Reilly Automotive by 1.2% in the 2nd quarter. Pointe Capital Management LLC now owns 10,447 shares of the specialty retailer’s stock worth $962,000 after buying an additional 127 shares during the last quarter. Integrity Alliance LLC. increased its stake in O’Reilly Automotive by 3.5% during the 3rd quarter. Integrity Alliance LLC. now owns 3,981 shares of the specialty retailer’s stock worth $340,000 after buying an additional 133 shares in the last quarter. BIP Wealth LLC increased its stake in O’Reilly Automotive by 3.0% during the 3rd quarter. BIP Wealth LLC now owns 4,807 shares of the specialty retailer’s stock worth $411,000 after buying an additional 142 shares in the last quarter. Finally, Centaurus Financial Inc. increased its stake in O’Reilly Automotive by 7.5% during the 1st quarter. Centaurus Financial Inc. now owns 2,081 shares of the specialty retailer’s stock worth $192,000 after buying an additional 145 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.
O’Reilly Automotive Price Performance
ORLY stock opened at $91.56 on Friday. The business has a 50 day simple moving average of $87.52 and a 200-day simple moving average of $90.26. The firm has a market capitalization of $73.44 billion, a PE ratio of 28.09, a price-to-earnings-growth ratio of 2.15 and a beta of 0.55. O’Reilly Automotive, Inc. has a 1 year low of $82.59 and a 1 year high of $102.46.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The specialty retailer reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04. O’Reilly Automotive had a negative return on equity of 188.24% and a net margin of 14.27%. The firm had revenue of $5.12 billion during the quarter, compared to analysts’ expectations of $5.02 billion. During the same quarter last year, the firm earned $0.85 earnings per share. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. On average, equities research analysts expect that O’Reilly Automotive, Inc. will post 3.31 EPS for the current year.
Insiders Place Their Bets
In related news, SVP Larry Gray sold 7,750 shares of the firm’s stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $90.22, for a total transaction of $699,205.00. Following the completion of the sale, the senior vice president directly owned 4,971 shares of the company’s stock, valued at approximately $448,483.62. This trade represents a 60.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Maria Sastre sold 1,200 shares of the business’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $91.72, for a total transaction of $110,064.00. Following the completion of the sale, the director owned 13,770 shares in the company, valued at approximately $1,262,984.40. This trade represents a 8.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 148,655 shares of company stock valued at $13,623,283 over the last 90 days. Company insiders own 0.77% of the company’s stock.
Wall Street Analysts Forecast Growth
ORLY has been the topic of several research reports. The Goldman Sachs Group restated a “conviction-buy” rating and issued a $104.00 target price on shares of O’Reilly Automotive in a research report on Friday, October 30th. TD Cowen dropped their price target on O’Reilly Automotive from $117.00 to $110.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Robert W. Baird set a $100.00 price objective on O’Reilly Automotive and gave the company a “neutral” rating in a research note on Friday, July 31st. BNP Paribas Exane decreased their price objective on O’Reilly Automotive from $116.00 to $115.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. Finally, Weiss Ratings cut shares of O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $108.00.
View Our Latest Analysis on ORLY
About O’Reilly Automotive
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.
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