Central Pacific Bank Trust Division Has $2.38 Million Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Central Pacific Bank Trust Division decreased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,004 shares of the specialty retailer’s stock after selling 91 shares during the period. Central Pacific Bank Trust Division’s holdings in O’Reilly Automotive were worth $2,376,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC raised its position in O’Reilly Automotive by 22.5% during the fourth quarter. GAMMA Investing LLC now owns 1,040 shares of the specialty retailer’s stock worth $1,233,000 after acquiring an additional 191 shares in the last quarter. Versant Capital Management Inc lifted its stake in O’Reilly Automotive by 5.2% in the 4th quarter. Versant Capital Management Inc now owns 221 shares of the specialty retailer’s stock valued at $262,000 after purchasing an additional 11 shares during the last quarter. SK Wealth Management LLC acquired a new position in O’Reilly Automotive during the third quarter worth approximately $341,000. Oddo BHF Asset Management Sas bought a new stake in O’Reilly Automotive in the third quarter valued at approximately $1,666,000. Finally, Peapack Gladstone Financial Corp lifted its position in shares of O’Reilly Automotive by 2.3% in the third quarter. Peapack Gladstone Financial Corp now owns 1,133 shares of the specialty retailer’s stock valued at $1,305,000 after buying an additional 25 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Truist Financial increased their price target on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. BMO Capital Markets began coverage on shares of O’Reilly Automotive in a research report on Friday, December 13th. They issued an “outperform” rating and a $1,400.00 price objective on the stock. Royal Bank of Canada lifted their target price on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. JPMorgan Chase & Co. increased their price target on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Finally, Morgan Stanley upped their target price on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “equal weight” rating in a research report on Thursday, October 24th. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $1,269.31.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now owns 700 shares in the company, valued at approximately $856,849. The trade was a 46.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive Stock Up 1.0 %

ORLY traded up $12.47 during trading on Friday, hitting $1,200.18. 115,316 shares of the company’s stock were exchanged, compared to its average volume of 196,116. The stock has a market cap of $69.29 billion, a P/E ratio of 29.69, a PEG ratio of 2.58 and a beta of 0.94. The business’s 50 day moving average is $1,218.78 and its two-hundred day moving average is $1,149.60. O’Reilly Automotive, Inc. has a fifty-two week low of $914.50 and a fifty-two week high of $1,283.96.

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