Equitable Trust Co. Cuts Stock Position in O’Reilly Automotive Inc (NASDAQ:ORLY)

Equitable Trust Co. lowered its holdings in O’Reilly Automotive Inc (NASDAQ:ORLY) by 9.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,650 shares of the specialty retailer’s stock after selling 1,698 shares during the period. Equitable Trust Co.’s holdings in O’Reilly Automotive were worth $5,780,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. World Asset Management Inc boosted its position in O’Reilly Automotive by 0.4% in the second quarter. World Asset Management Inc now owns 5,826 shares of the specialty retailer’s stock worth $2,152,000 after purchasing an additional 26 shares during the last quarter. North American Management Corp raised its stake in shares of O’Reilly Automotive by 4.6% in the second quarter. North American Management Corp now owns 614 shares of the specialty retailer’s stock valued at $227,000 after buying an additional 27 shares during the period. Hotaling Investment Management LLC raised its stake in shares of O’Reilly Automotive by 0.6% in the second quarter. Hotaling Investment Management LLC now owns 5,150 shares of the specialty retailer’s stock valued at $1,902,000 after buying an additional 32 shares during the period. Squar Milner Financial Services LLC raised its stake in shares of O’Reilly Automotive by 80.5% in the second quarter. Squar Milner Financial Services LLC now owns 74 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 33 shares during the period. Finally, Shine Investment Advisory Services Inc. raised its stake in shares of O’Reilly Automotive by 65.4% in the second quarter. Shine Investment Advisory Services Inc. now owns 86 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 34 shares during the period. 85.67% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have issued reports on ORLY shares. Wells Fargo & Co restated a “buy” rating and issued a $435.00 target price on shares of O’Reilly Automotive in a research note on Tuesday, August 20th. Royal Bank of Canada set a $428.00 target price on O’Reilly Automotive and gave the company a “buy” rating in a research note on Wednesday, August 7th. Stephens lowered their target price on O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating on the stock in a research note on Friday, July 26th. Citigroup lowered O’Reilly Automotive from a “buy” rating to a “neutral” rating and lowered their target price for the company from $441.00 to $430.00 in a research note on Friday, September 13th. Finally, Raymond James boosted their target price on O’Reilly Automotive from $435.00 to $460.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 25th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. O’Reilly Automotive currently has a consensus rating of “Hold” and a consensus target price of $408.92.



Shares of NASDAQ:ORLY traded down $1.28 during midday trading on Wednesday, reaching $393.39. 12,600 shares of the company traded hands, compared to its average volume of 520,818. The company has a quick ratio of 0.10, a current ratio of 0.85 and a debt-to-equity ratio of 37.43. O’Reilly Automotive Inc has a 12 month low of $314.14 and a 12 month high of $414.63. The firm has a market capitalization of $30.52 billion, a price-to-earnings ratio of 24.47, a price-to-earnings-growth ratio of 1.61 and a beta of 0.73. The firm’s fifty day moving average price is $385.97 and its two-hundred day moving average price is $382.47.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.67 by ($0.16). O’Reilly Automotive had a net margin of 13.69% and a return on equity of 391.89%. The company had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.61 billion. During the same quarter in the previous year, the firm posted $4.28 earnings per share. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. Analysts forecast that O’Reilly Automotive Inc will post 17.54 earnings per share for the current year.

In related news, Director John Raymond Murphy sold 122 shares of the business’s stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $385.92, for a total transaction of $47,082.24. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jay D. Burchfield sold 1,000 shares of the business’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $381.08, for a total value of $381,080.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,773 shares of company stock worth $669,481. 2.52% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Profile

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

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Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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