ING Groep NV Has $383,000 Stock Position in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

ING Groep NV lowered its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 97.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 333 shares of the specialty retailer's stock after selling 12,933 shares during the period. ING Groep NV's holdings in O'Reilly Automotive were worth $383,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Trifecta Capital Advisors LLC increased its holdings in shares of O'Reilly Automotive by 383.3% in the 3rd 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 in the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of O'Reilly Automotive in the 3rd quarter valued at about $41,000. Crewe Advisors LLC purchased a new position in shares of O'Reilly Automotive in the 1st quarter valued at about $43,000. Kings Path Partners LLC purchased a new position in shares of O'Reilly Automotive in the 2nd quarter valued at about $44,000. Finally, ORG Partners LLC purchased a new position in shares of O'Reilly Automotive in the 2nd quarter valued at about $48,000. Institutional investors and hedge funds own 85.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ORLY shares. Roth Mkm restated a "buy" rating and set a $1,337.00 target price on shares of O'Reilly Automotive in a report on Wednesday, October 16th. Wedbush restated a "neutral" rating and set a $1,200.00 target price on shares of O'Reilly Automotive in a report on Thursday, October 24th. TD Cowen raised their target price on shares of 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. Wells Fargo & Company raised their target price on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an "overweight" rating in a report on Monday, October 14th. Finally, Truist Financial raised their target price on shares of O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Four 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 stock. According to MarketBeat, O'Reilly Automotive has an average rating of "Moderate Buy" and a consensus price target of $1,242.13.

O'Reilly Automotive Stock Up 0.3 %

ORLY stock traded up $3.30 during midday trading on Monday, hitting $1,216.67. 218,915 shares of the company traded hands, compared to its average volume of 374,607. 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 capitalization of $70.24 billion, a price-to-earnings ratio of 30.02, a price-to-earnings-growth ratio of 2.46 and a beta of 0.92. The business has a 50 day simple moving average of $1,170.83 and a 200-day simple moving average of $1,095.48.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued 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 the consensus estimate of $4.42 billion. O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the business earned $10.72 earnings per share. Equities research analysts forecast that O'Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insiders Place Their Bets

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the business's 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.55% of the company's stock.

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.