O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Holdings Trimmed by Natixis Advisors LLC

Natixis Advisors LLC reduced its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 156,488 shares of the specialty retailer’s stock after selling 12,213 shares during the quarter. Natixis Advisors LLC owned approximately 0.27% of O’Reilly Automotive worth $165,260,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Equitable Trust Co. acquired a new position in shares of O’Reilly Automotive during the second quarter worth approximately $224,000. Consolidated Portfolio Review Corp acquired a new position in shares of O’Reilly Automotive during the second quarter worth approximately $327,000. Tandem Investment Advisors Inc. boosted its position in shares of O’Reilly Automotive by 8.0% during the second quarter. Tandem Investment Advisors Inc. now owns 6,766 shares of the specialty retailer’s stock worth $7,145,000 after buying an additional 501 shares during the period. JPL Wealth Management LLC boosted its position in shares of O’Reilly Automotive by 14.1% during the second quarter. JPL Wealth Management LLC now owns 1,676 shares of the specialty retailer’s stock worth $1,770,000 after buying an additional 207 shares during the period. Finally, Valmark Advisers Inc. boosted its position in shares of O’Reilly Automotive by 47.6% during the second quarter. Valmark Advisers Inc. now owns 428 shares of the specialty retailer’s stock worth $452,000 after buying an additional 138 shares during the period. 85.00% of the stock is owned by institutional investors.

Analyst Ratings Changes

ORLY has been the topic of several recent analyst reports. Wells Fargo & Company boosted their target price on O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the stock an “overweight” rating in a report on Thursday, August 22nd. UBS Group dropped their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a report on Thursday, July 18th. Evercore ISI boosted their target price on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. DA Davidson boosted their target price on 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 boosted their target price on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,144.06.

Insider Buying and Selling at O’Reilly Automotive

In other news, Director Gregory D. Johnson sold 15,364 shares of the business’s stock in a transaction on 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 transaction, the director now directly owns 5,016 shares in the company, valued at approximately $5,698,978.56. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, Chairman Gregory L. Henslee sold 18,264 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the transaction, the chairman now directly owns 13,347 shares in the company, valued at approximately $15,049,409.85. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Gregory D. Johnson sold 15,364 shares of the business’s stock in a transaction on 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 transaction, the director now owns 5,016 shares in the company, valued at $5,698,978.56. The disclosure for this sale can be found here. Insiders have sold a total of 50,411 shares of company stock valued at $56,846,062 in the last three months. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive Trading Down 0.7 %

NASDAQ:ORLY traded down $8.50 during trading hours on Friday, hitting $1,129.97. 354,362 shares of the stock traded hands, compared to its average volume of 313,208. The firm has a 50 day moving average price of $1,084.80 and a 200 day moving average price of $1,065.87. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11. The firm has a market cap of $65.55 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 2.15 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $4.32 billion. During the same period last year, the firm earned $10.22 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 5.0% compared to the same quarter last year. Research analysts predict that O’Reilly Automotive, Inc. will post 41.13 EPS for the current year.

O’Reilly Automotive 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.