Mn Services Vermogensbeheer B.V. Trims Stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Mn Services Vermogensbeheer B.V. cut its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,300 shares of the specialty retailer’s stock after selling 500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in O’Reilly Automotive were worth $24,606,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. bought a new stake in shares of O’Reilly Automotive during the fourth quarter worth $316,000. CWM LLC increased its position in O’Reilly Automotive by 3.4% during the 4th quarter. CWM LLC now owns 1,325 shares of the specialty retailer’s stock valued at $1,258,000 after purchasing an additional 44 shares during the period. Duality Advisers LP bought a new position in shares of O’Reilly Automotive during the fourth quarter valued at approximately $924,000. Larson Financial Group LLC raised its stake in O’Reilly Automotive by 60.5% in the fourth quarter. Larson Financial Group LLC now owns 207 shares of the specialty retailer’s stock worth $197,000 after buying an additional 78 shares in the last quarter. Finally, Syon Capital LLC lifted its holdings in O’Reilly Automotive by 27.7% during the fourth quarter. Syon Capital LLC now owns 659 shares of the specialty retailer’s stock worth $626,000 after buying an additional 143 shares during the period. 85.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the sale, the director now directly owns 141,589 shares of the company’s stock, valued at $158,511,717.28. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the completion of the transaction, the director now directly owns 141,589 shares in the company, valued at $158,511,717.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Mark Joseph Merz sold 413 shares of O’Reilly Automotive stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the completion of the sale, the senior vice president now owns 265 shares in the company, valued at approximately $296,800. The disclosure for this sale can be found here. In the last 90 days, insiders sold 50,354 shares of company stock valued at $56,518,687. 1.55% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. DA Davidson boosted their target price on shares of 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. Truist Financial upped their price objective on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the company a “buy” rating in a report on Friday, July 26th. Bank of America lifted their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research note on Thursday. Royal Bank of Canada cut their price target on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research note on Friday, July 26th. Finally, Wells Fargo & Company lifted their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the stock an “overweight” rating in a research note on Thursday. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,144.06.

O’Reilly Automotive Stock Down 1.0 %

Shares of NASDAQ ORLY traded down $11.10 during midday trading on Friday, reaching $1,116.57. 256,526 shares of the stock were exchanged, compared to its average volume of 391,621. The firm has a market cap of $65.76 billion, a price-to-earnings ratio of 28.34, a PEG ratio of 2.13 and a beta of 0.92. The firm has a 50-day simple moving average of $1,078.08 and a two-hundred day simple moving average of $1,062.54. O’Reilly Automotive, Inc. has a twelve month low of $860.10 and a twelve month high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). The firm had revenue of $4.27 billion for the quarter, compared to analyst estimates of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $10.22 EPS. Research analysts expect that O’Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal 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.