O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Speece Thorson Capital Group Inc.

Speece Thorson Capital Group Inc. cut its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,011 shares of the specialty retailer’s stock after selling 41 shares during the period. O’Reilly Automotive accounts for 2.8% of Speece Thorson Capital Group Inc.’s holdings, making the stock its 15th largest position. Speece Thorson Capital Group Inc.’s holdings in O’Reilly Automotive were worth $14,983,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ORLY. Trifecta Capital Advisors LLC lifted its position in O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after buying an additional 23 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in O’Reilly Automotive during the third quarter worth approximately $41,000. Crewe Advisors LLC purchased a new position in O’Reilly Automotive during the first quarter worth approximately $43,000. Kings Path Partners LLC purchased a new position in O’Reilly Automotive during the second quarter worth approximately $44,000. Finally, ORG Partners LLC purchased a new position in O’Reilly Automotive during the second quarter worth approximately $48,000. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Trading Up 0.2 %

ORLY traded up $2.93 on Wednesday, hitting $1,239.78. 28,021 shares of the company were exchanged, compared to its average volume of 373,630. O’Reilly Automotive, Inc. has a twelve month low of $914.50 and a twelve month high of $1,244.50. The company has a market cap of $71.57 billion, a price-to-earnings ratio of 30.60, a price-to-earnings-growth ratio of 2.49 and a beta of 0.92. The firm has a 50-day moving average price of $1,165.19 and a two-hundred day moving average price of $1,091.11.

O’Reilly Automotive (NASDAQ:ORLY) last released its 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 analyst estimates of $4.42 billion. During the same period in the previous year, the firm earned $10.72 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. Equities analysts expect that O’Reilly Automotive, Inc. will post 40.81 EPS for the current year.

Analysts Set New Price Targets

ORLY has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Royal Bank of Canada lifted their target price on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Wells Fargo & Company lifted 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. Finally, Truist Financial lifted their target price on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Four 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,242.13.

Insider Buying and Selling

In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction dated 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman David E. Oreilly sold 1,000 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the transaction, the chairman now directly owns 183,583 shares of the company’s stock, valued at approximately $205,407,347.04. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 16,322 shares of company stock valued at $18,280,698 in the last three months. 1.18% of the stock is owned by corporate insiders.

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.