Tidal Investments LLC lowered its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 13.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,667 shares of the specialty retailer's stock after selling 906 shares during the quarter. Tidal Investments LLC's holdings in O'Reilly Automotive were worth $6,526,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Asset Dedication LLC lifted its holdings in shares of O'Reilly Automotive by 6.2% in the 3rd quarter. Asset Dedication LLC now owns 155 shares of the specialty retailer's stock worth $178,000 after acquiring an additional 9 shares during the last quarter. Marks Group Wealth Management Inc lifted its stake in O'Reilly Automotive by 1.5% in the third 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 during the last quarter. Venturi Wealth Management LLC boosted its position in shares of O'Reilly Automotive by 8.5% during the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer's stock valued at $132,000 after buying an additional 9 shares during the period. Metis Global Partners LLC grew its stake in shares of O'Reilly Automotive by 0.5% during the third quarter. Metis Global Partners LLC now owns 1,863 shares of the specialty retailer's stock valued at $2,145,000 after buying an additional 9 shares during the last quarter. Finally, L.M. Kohn & Company raised its holdings in shares of O'Reilly Automotive by 1.4% in the third quarter. L.M. Kohn & Company now owns 654 shares of the specialty retailer's stock worth $753,000 after buying an additional 9 shares during the period. 85.00% of the stock is owned by hedge funds and other institutional investors.
O'Reilly Automotive Trading Up 0.1 %
Shares of ORLY traded up $0.88 during trading hours on Friday, hitting $1,270.60. The company had a trading volume of 203,096 shares, compared to its average volume of 370,439. O'Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,281.95. The company's fifty day moving average price is $1,213.13 and its two-hundred day moving average price is $1,126.84. The company has a market capitalization of $73.35 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 2.57 and a beta of 0.93.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced 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). O'Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same quarter in the prior year, the firm posted $10.72 earnings per share. The business's revenue for the quarter was up 3.8% compared to the same quarter last year. Analysts forecast that O'Reilly Automotive, Inc. will post 40.85 earnings per share for the current year.
Insider Buying and Selling at O'Reilly Automotive
In related news, SVP Jeffery Thomas Loafman sold 620 shares of the company's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now directly owns 5 shares of the company's stock, valued at $6,201.95. This represents a 99.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Andrea Weiss sold 600 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the completion of the sale, the director now directly owns 700 shares of the company's stock, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Several brokerages have commented on ORLY. BNP Paribas raised O'Reilly Automotive to a "strong-buy" rating in a research report on Friday, October 25th. Bank of America upped their price target 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. Royal Bank of Canada lifted their price objective on shares of 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. Wedbush restated a "neutral" rating and issued a $1,200.00 target price on shares of O'Reilly Automotive in a research note on Thursday, October 24th. Finally, Wells Fargo & Company raised their target price on shares of O'Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an "overweight" rating in a research report on Monday, October 14th. Four analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $1,257.00.
Get Our Latest Analysis on ORLY
O'Reilly Automotive Profile
(
Free Report)
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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