O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Position Decreased by Fiduciary Trust Co

Fiduciary Trust Co lowered its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,575 shares of the specialty retailer’s stock after selling 33 shares during the period. Fiduciary Trust Co’s holdings in O’Reilly Automotive were worth $9,875,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ORLY. Darwin Wealth Management LLC acquired a new stake in shares of O’Reilly Automotive during the 3rd quarter worth approximately $32,000. Trifecta Capital Advisors LLC grew its stake in O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in O’Reilly Automotive during the 3rd quarter worth $37,000. Princeton Global Asset Management LLC acquired a new stake in O’Reilly Automotive in the third quarter worth $41,000. Finally, Kings Path Partners LLC bought a new stake in O’Reilly Automotive in the second quarter valued at $44,000. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on ORLY. Barclays upped their price target on shares of O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. BNP Paribas upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Royal Bank of Canada lifted their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a report on Friday, October 25th. DA Davidson reiterated a “buy” rating and set a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, Bank of America raised their target price on 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. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,242.13.

O’Reilly Automotive Stock Down 0.0 %

NASDAQ:ORLY opened at $1,244.01 on Thursday. O’Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,255.30. The firm has a market cap of $71.82 billion, a P/E ratio of 30.78, a PEG ratio of 2.51 and a beta of 0.92. The business’s 50-day moving average price is $1,186.07 and its 200 day moving average price is $1,106.27.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the firm earned $10.72 EPS. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. Sell-side analysts expect that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares of the company’s stock, valued at approximately $856,849. This represents a 46.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by company insiders.

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.