O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stake Cut by Boston Trust Walden Corp

Boston Trust Walden Corp decreased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,441 shares of the specialty retailer’s stock after selling 25 shares during the period. Boston Trust Walden Corp’s holdings in O’Reilly Automotive were worth $9,721,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Trifecta Capital Advisors LLC grew its position in shares of O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 23 shares during the last quarter. Crewe Advisors LLC bought a new position in shares of O’Reilly Automotive during the first quarter valued at approximately $43,000. Kings Path Partners LLC acquired a new stake in shares of O’Reilly Automotive during the 2nd quarter worth approximately $44,000. ORG Partners LLC bought a new stake in shares of O’Reilly Automotive in the 2nd quarter worth approximately $48,000. Finally, Boit C F David acquired a new position in O’Reilly Automotive during the 1st quarter valued at approximately $56,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ORLY shares. Royal Bank of Canada increased their target price on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research report on Friday. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. TD Cowen upped their target price on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday. Truist Financial lifted their price target on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday. Finally, Morgan Stanley boosted their price objective on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research report on Thursday. Four research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,242.13.

Insider Transactions at O’Reilly Automotive

In other news, Chairman Gregory L. Henslee sold 18,264 shares of the business’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the sale, the chairman now directly owns 13,347 shares of the company’s stock, valued at $15,049,409.85. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, Chairman Gregory L. Henslee sold 18,264 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total value of $20,593,573.20. Following the transaction, the chairman now directly owns 13,347 shares of the company’s stock, valued at $15,049,409.85. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dana Perlman sold 48 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the completion of the transaction, the director now directly owns 1,097 shares of the company’s stock, valued at $1,217,406.72. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders 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 corporate insiders.

O’Reilly Automotive Trading Down 0.4 %

Shares of O’Reilly Automotive stock opened at $1,195.22 on Friday. O’Reilly Automotive, Inc. has a 52 week low of $895.88 and a 52 week high of $1,221.18. The stock has a market cap of $69.33 billion, a PE ratio of 30.08, a price-to-earnings-growth ratio of 2.29 and a beta of 0.92. The company’s 50-day moving average price is $1,150.51 and its two-hundred day moving average price is $1,081.98.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $10.72 earnings per share. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 41.05 EPS for the current fiscal year.

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.