St. Louis Trust Co raised its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1,400.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,790 shares of the specialty retailer’s stock after purchasing an additional 2,604 shares during the period. St. Louis Trust Co’s holdings in O’Reilly Automotive were worth $251,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of ORLY. Bank of Jackson Hole Trust bought a new position in shares of O’Reilly Automotive in the 1st quarter worth about $25,000. HWG Holdings LP bought a new position in shares of O’Reilly Automotive in the 1st quarter worth about $26,000. Oakworth Capital Inc. raised its position in shares of O’Reilly Automotive by 1,257.1% in the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 264 shares in the last quarter. HighMark Wealth Management LLC raised its position in shares of O’Reilly Automotive by 1,400.0% in the 2nd quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 280 shares in the last quarter. Finally, ORG Partners LLC raised its position in shares of O’Reilly Automotive by 839.4% in the 2nd quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 277 shares in the last quarter. 85.00% of the stock is owned by institutional investors.
O’Reilly Automotive Price Performance
Shares of O’Reilly Automotive stock opened at $102.15 on Monday. O’Reilly Automotive, Inc. has a one year low of $76.22 and a one year high of $108.71. The firm has a market capitalization of $86.67 billion, a price-to-earnings ratio of 36.52, a PEG ratio of 2.70 and a beta of 0.60. The business has a 50-day simple moving average of $103.90 and a 200 day simple moving average of $96.11.
Analysts Set New Price Targets
Several research firms have recently weighed in on ORLY. UBS Group lifted their price objective on O’Reilly Automotive from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. JPMorgan Chase & Co. lifted their price objective on O’Reilly Automotive from $101.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Evercore ISI lifted their price objective on O’Reilly Automotive from $108.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 12th. Wells Fargo & Company lifted their price objective on O’Reilly Automotive from $103.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Finally, Royal Bank Of Canada lifted their price objective on O’Reilly Automotive from $98.00 to $104.00 and gave the stock an “outperform” rating in a research report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $107.17.
Read Our Latest Research Report on O’Reilly Automotive
Insider Buying and Selling
In other O’Reilly Automotive news, Director Maria Sastre sold 595 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $102.31, for a total transaction of $60,874.45. Following the completion of the sale, the director directly owned 15,935 shares of the company’s stock, valued at approximately $1,630,309.85. The trade was a 3.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Shari Lynne Reaves sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $103.81, for a total value of $207,620.00. Following the sale, the senior vice president directly owned 12,826 shares of the company’s stock, valued at $1,331,467.06. This represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 125,635 shares of company stock valued at $12,740,916. Company insiders own 1.01% of the company’s stock.
About O’Reilly Automotive
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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