Huntington National Bank Increases Stock Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Huntington National Bank increased its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 25.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 68,117 shares of the specialty retailer's stock after purchasing an additional 13,783 shares during the period. Huntington National Bank owned approximately 0.12% of O'Reilly Automotive worth $78,444,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in ORLY. Asset Dedication LLC boosted its stake in shares of O'Reilly Automotive by 6.2% in the third quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer's stock valued at $178,000 after buying an additional 9 shares in the last quarter. Marks Group Wealth Management Inc boosted its position in shares of O'Reilly Automotive by 1.5% during the 3rd quarter. Marks Group Wealth Management Inc now owns 605 shares of the specialty retailer's stock worth $697,000 after purchasing an additional 9 shares in the last quarter. Venturi Wealth Management LLC grew its stake in shares of O'Reilly Automotive by 8.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer's stock worth $132,000 after purchasing an additional 9 shares during the period. Industrial Alliance Investment Management Inc. grew its stake in shares of O'Reilly Automotive by 2.6% during the 1st quarter. Industrial Alliance Investment Management Inc. now owns 390 shares of the specialty retailer's stock worth $440,000 after purchasing an additional 10 shares during the period. Finally, Marcum Wealth LLC increased its holdings in shares of O'Reilly Automotive by 5.1% in the 2nd quarter. Marcum Wealth LLC now owns 206 shares of the specialty retailer's stock valued at $218,000 after purchasing an additional 10 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company's stock.

O'Reilly Automotive Price Performance

ORLY traded down $13.29 during trading on Thursday, hitting $1,225.49. The company's stock had a trading volume of 139,056 shares, compared to its average volume of 373,739. The firm's 50 day moving average price is $1,167.21 and its 200-day moving average price is $1,092.14. O'Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,255.30. The stock has a market cap of $70.75 billion, a PE ratio of 31.05, a PEG ratio of 2.51 and a beta of 0.92.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts' consensus estimates of $11.53 by ($0.12). O'Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the company earned $10.72 EPS. The company's revenue was up 3.8% compared to the same quarter last year. Equities analysts anticipate that O'Reilly Automotive, Inc. will post 40.81 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ORLY. UBS Group lowered their target price on shares of O'Reilly Automotive from $1,275.00 to $1,250.00 and set a "buy" rating on the stock in a research report on Thursday, July 18th. Wedbush reaffirmed a "neutral" rating and issued a $1,200.00 price objective on shares of O'Reilly Automotive in a research note on Thursday, October 24th. Barclays lifted their price objective on O'Reilly Automotive from $986.00 to $1,088.00 and gave the stock an "equal weight" rating in a report on Friday, October 25th. Truist Financial upped their target price on O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a "buy" rating in a report on Friday, October 25th. Finally, Evercore ISI lifted 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 note on Thursday, August 22nd. Four equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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 business's stock in a transaction dated 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 completion of the sale, the chairman now owns 183,583 shares of the company's stock, valued at approximately $205,407,347.04. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other O'Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of O'Reilly Automotive stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the transaction, the director now directly owns 141,589 shares of the company's stock, valued at $158,511,717.28. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman David E. Oreilly sold 1,000 shares of the business'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 owns 183,583 shares of the company's stock, valued at approximately $205,407,347.04. This represents a 0.00 % decrease in their ownership of the stock. 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 in the last quarter. 1.55% of the stock is owned by insiders.

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.