Blair William & Co. IL Sells 122 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Blair William & Co. IL reduced its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,228 shares of the specialty retailer’s stock after selling 122 shares during the quarter. Blair William & Co. IL’s holdings in O’Reilly Automotive were worth $76,277,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Rise Advisors LLC purchased a new stake in O’Reilly Automotive in the 1st quarter valued at about $36,000. Newbridge Financial Services Group Inc. purchased a new position in shares of O’Reilly Automotive during the first quarter worth approximately $37,000. Indiana Trust & Investment Management CO raised its stake in shares of O’Reilly Automotive by 325.0% during the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after acquiring an additional 26 shares in the last quarter. Riverview Trust Co bought a new position in O’Reilly Automotive in the first quarter worth approximately $41,000. Finally, Crewe Advisors LLC purchased a new position in O’Reilly Automotive during the 1st quarter worth $43,000. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock opened at $1,127.92 on Wednesday. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11. The company has a market cap of $65.43 billion, a P/E ratio of 28.63, a price-to-earnings-growth ratio of 2.13 and a beta of 0.92. The firm has a 50-day simple moving average of $1,106.13 and a two-hundred day simple moving average of $1,071.50.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data 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 business had revenue of $4.27 billion during 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 revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $10.22 earnings per share. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 41.13 EPS for the current year.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Dana Perlman sold 48 shares of the 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 value of $53,268.48. Following the completion of the sale, the director now owns 1,097 shares of the company’s stock, valued at $1,217,406.72. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction on Tuesday, August 27th. The stock was 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. In the last quarter, insiders sold 50,411 shares of company stock valued at $56,846,062. 1.55% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ORLY has been the subject of several research reports. DA Davidson upped their target price on 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. Bank of America increased 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 report on Thursday, August 22nd. Truist Financial upped their price target on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Wells Fargo & Company boosted 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, August 22nd. Finally, Evercore ISI boosted their price target on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,144.06.

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.