OneDigital Investment Advisors LLC lowered its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 2.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,017 shares of the specialty retailer’s stock after selling 80 shares during the period. OneDigital Investment Advisors LLC’s holdings in O’Reilly Automotive were worth $4,625,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of ORLY. Trifecta Capital Advisors LLC grew its holdings in O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares during the period. Princeton Global Asset Management LLC bought a new stake in O’Reilly Automotive during the third quarter valued at about $41,000. Crewe Advisors LLC bought a new stake in O’Reilly Automotive during the first quarter valued at about $43,000. Kings Path Partners LLC bought a new stake in O’Reilly Automotive during the second quarter valued at about $44,000. Finally, ORG Partners LLC bought a new stake in O’Reilly Automotive during the second quarter valued at about $48,000. Institutional investors own 85.00% of the company’s stock.
Analyst Ratings Changes
Several research firms have issued reports on ORLY. Royal Bank of Canada boosted 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. TD Cowen boosted their price target on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. Wedbush reissued a “neutral” rating and set a $1,200.00 price target on shares of O’Reilly Automotive in a report on Thursday, October 24th. Morgan Stanley boosted their price objective 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. Finally, Roth Mkm restated a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,242.13.
Insider Buying and Selling at O’Reilly Automotive
In other O’Reilly Automotive news, Chairman David E. Oreilly sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the sale, the chairman now directly owns 183,583 shares in the company, valued at $205,407,347.04. This represents a 0.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The disclosure for this sale can be found here. Insiders have sold a total of 16,322 shares of company stock worth $18,280,698 over the last ninety days. Company insiders own 1.55% of the company’s stock.
O’Reilly Automotive Trading Down 0.9 %
NASDAQ:ORLY opened at $1,213.37 on Friday. The company has a market capitalization of $70.05 billion, a P/E ratio of 30.02, a P/E/G ratio of 2.51 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,255.30. The business’s 50-day moving average is $1,168.95 and its 200 day moving average is $1,093.06.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted 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 firm had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. O’Reilly Automotive’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $10.72 earnings per share. On average, research analysts forecast that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current 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.
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