Radnor Capital Management LLC cut its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 1.3% during the third quarter, HoldingsChannel.com reports. The firm owned 5,895 shares of the specialty retailer’s stock after selling 75 shares during the period. O’Reilly Automotive accounts for 1.0% of Radnor Capital Management LLC’s portfolio, making the stock its 15th biggest position. Radnor Capital Management LLC’s holdings in O’Reilly Automotive were worth $6,789,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Trifecta Capital Advisors LLC increased its position in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares during the period. Princeton Global Asset Management LLC acquired a new position in shares of O’Reilly Automotive in the 3rd quarter valued at $41,000. Crewe Advisors LLC acquired a new position in shares of O’Reilly Automotive in the 1st quarter valued at $43,000. Kings Path Partners LLC acquired a new position in shares of O’Reilly Automotive in the 2nd quarter valued at $44,000. Finally, ORG Partners LLC acquired a new position in shares of O’Reilly Automotive in the 2nd quarter valued at $48,000. 85.00% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
ORLY has been the topic of several research reports. Wells Fargo & Company upped their target price on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Wedbush reaffirmed a “neutral” rating and issued a $1,200.00 price target on shares of O’Reilly Automotive in a report on Thursday, October 24th. Barclays upped their price target on shares of O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Roth Mkm reaffirmed a “buy” rating and issued a $1,337.00 price target on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Finally, Bank of America upped their price target on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, O’Reilly Automotive presently has an average rating of “Moderate Buy” and an average price target of $1,242.13.
O’Reilly Automotive Trading Up 0.4 %
Shares of O’Reilly Automotive stock opened at $1,162.33 on Wednesday. The firm has a market capitalization of $67.43 billion, a PE ratio of 28.76, a P/E/G ratio of 2.33 and a beta of 0.92. O’Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,221.18. The firm’s 50-day moving average price is $1,156.04 and its 200 day moving average price is $1,085.77.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The company had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business posted $10.72 earnings per share. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 40.82 EPS for the current fiscal year.
Insider Buying and Selling at O’Reilly Automotive
In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the completion of the sale, the director now owns 141,589 shares in the company, valued at approximately $158,511,717.28. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Lawrence P. Oreilly sold 13,765 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the completion of the sale, the director now owns 141,589 shares in the company, valued at $158,511,717.28. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 16,322 shares of company stock worth $18,280,698. Insiders own 1.18% of the company’s stock.
O’Reilly Automotive 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.
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