O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Fmr LLC

Fmr LLC lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 4.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,432,501 shares of the specialty retailer’s stock after selling 74,579 shares during the quarter. Fmr LLC’s holdings in O’Reilly Automotive were worth $1,649,668,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in shares of O’Reilly Automotive during the third quarter valued at about $32,000. Trifecta Capital Advisors LLC increased its holdings in O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in O’Reilly Automotive in the 3rd quarter worth approximately $37,000. Princeton Global Asset Management LLC purchased a new stake in O’Reilly Automotive in the 3rd quarter worth approximately $41,000. Finally, Kings Path Partners LLC purchased a new stake in O’Reilly Automotive in the 2nd quarter worth approximately $44,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Stock Up 0.4 %

NASDAQ ORLY opened at $1,244.22 on Wednesday. O’Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,255.30. The business’s fifty day simple moving average is $1,183.85 and its 200-day simple moving average is $1,105.30. The firm has a market cap of $71.83 billion, a PE ratio of 30.78, a P/E/G ratio of 2.51 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly 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). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter in the prior year, the firm earned $10.72 EPS. The firm’s revenue was up 3.8% on a year-over-year basis. Research analysts expect that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ORLY shares. Bank of America upped their price objective on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Barclays increased their target price on O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. TD Cowen raised their price objective on 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. Finally, Morgan Stanley lifted their target price on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 24th. Four equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,242.13.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the sale, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrea Weiss sold 600 shares of the business’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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.18% 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.