O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stock Holdings Lowered by Keating Investment Counselors Inc.

Keating Investment Counselors Inc. trimmed its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 27.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 357 shares of the specialty retailer’s stock after selling 135 shares during the period. Keating Investment Counselors Inc.’s holdings in O’Reilly Automotive were worth $403,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ORLY. Nordea Investment Management AB grew its holdings in shares of O’Reilly Automotive by 3.8% in the 1st quarter. Nordea Investment Management AB now owns 60,057 shares of the specialty retailer’s stock worth $68,327,000 after acquiring an additional 2,214 shares during the last quarter. Fortune Financial Advisors LLC boosted its position in shares of O’Reilly Automotive by 2.4% in the 4th quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock valued at $2,325,000 after purchasing an additional 57 shares during the period. Perpetual Ltd increased its stake in O’Reilly Automotive by 322.6% in the 1st quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock worth $1,289,000 after purchasing an additional 871 shares in the last quarter. Wellington Management Group LLP raised its holdings 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. Finally, Stifel Financial Corp lifted its stake in O’Reilly Automotive by 7.4% during the fourth quarter. Stifel Financial Corp now owns 36,728 shares of the specialty retailer’s stock valued at $34,894,000 after buying an additional 2,535 shares in the last quarter. Institutional investors and hedge funds own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.7 %

NASDAQ ORLY traded up $7.12 during trading on Friday, hitting $1,040.11. 367,443 shares of the company traded hands, compared to its average volume of 390,458. The company has a market capitalization of $61.25 billion, a P/E ratio of 26.40, a PEG ratio of 1.91 and a beta of 0.92. The business has a fifty day simple moving average of $1,013.25 and a 200 day simple moving average of $1,038.77. O’Reilly Automotive, Inc. has a 12 month low of $860.10 and a 12 month high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. The business had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the previous year, the company posted $8.28 earnings per share. Equities research analysts predict that O’Reilly Automotive, Inc. will post 41.86 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ORLY shares. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Evercore ISI reduced their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set an “outperform” rating for the company in a report on Tuesday, July 2nd. Truist Financial lowered their price target on O’Reilly Automotive from $1,212.00 to $1,143.00 and set a “buy” rating on the stock in a report on Tuesday, July 2nd. Mizuho assumed coverage on O’Reilly Automotive in a research note on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price objective for the company. Finally, UBS Group lifted their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,116.93.

Insider Activity at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 6,032 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 716 shares in the company, valued at $726,740. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the completion of the transaction, the director now directly owns 31,613 shares of the company’s stock, valued at approximately $30,016,543.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were 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 directly owns 716 shares in the company, valued at approximately $726,740. The disclosure for this sale can be found here. Corporate 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.