AAFMAA Wealth Management & Trust LLC Invests $1.20 Million in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

AAFMAA Wealth Management & Trust LLC acquired a new stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the first quarter, Holdings Channel.com reports. The fund acquired 1,061 shares of the specialty retailer’s stock, valued at approximately $1,198,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fortune Financial Advisors LLC lifted its position in shares of O’Reilly Automotive by 2.4% during the fourth quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock worth $2,325,000 after purchasing an additional 57 shares in the last quarter. Perpetual Ltd increased its stake in O’Reilly Automotive by 322.6% during the 1st quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock worth $1,289,000 after buying an additional 871 shares during the period. Wellington Management Group LLP increased its stake in O’Reilly Automotive by 656.2% during the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock worth $434,780,000 after buying an additional 397,108 shares during the period. Stifel Financial Corp lifted its holdings in O’Reilly Automotive by 7.4% during the 4th quarter. Stifel Financial Corp now owns 36,728 shares of the specialty retailer’s stock worth $34,894,000 after buying an additional 2,535 shares in the last quarter. Finally, SignalPoint Asset Management LLC boosted its position in O’Reilly Automotive by 3.3% in the 4th quarter. SignalPoint Asset Management LLC now owns 51,120 shares of the specialty retailer’s stock valued at $48,567,000 after buying an additional 1,642 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other news, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the sale, the chief executive officer now owns 716 shares in the company, valued at $726,740. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the transaction, the director now owns 31,613 shares in the company, valued at approximately $30,016,543.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the sale, the chief executive officer now directly owns 716 shares of the company’s stock, valued at $726,740. The disclosure for this sale can be found here. 1.18% of the stock is currently owned by insiders.

O’Reilly Automotive Stock Performance

NASDAQ ORLY traded down $4.03 on Monday, reaching $1,022.79. The stock had a trading volume of 257,562 shares, compared to its average volume of 397,274. The stock has a market cap of $60.23 billion, a P/E ratio of 26.06, a price-to-earnings-growth ratio of 1.89 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The business’s 50-day moving average price is $1,011.95 and its 200 day moving average price is $1,036.68.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The firm had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. During the same quarter in the prior year, the firm earned $8.28 EPS. O’Reilly Automotive’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 41.86 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on ORLY. Wells Fargo & Company decreased their target price on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a report on Thursday, April 25th. Mizuho started coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price objective for the company. StockNews.com cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. UBS Group boosted their price target on shares of O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Finally, Evercore ISI reduced their price objective on shares of O’Reilly Automotive from $1,275.00 to $1,250.00 and set an “outperform” rating on the stock in a report on Tuesday, July 2nd. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,116.93.

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.