Missouri Trust & Investment Co lessened its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Get Rating) by 1.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,038 shares of the specialty retailer’s stock after selling 619 shares during the quarter. O’Reilly Automotive comprises 23.0% of Missouri Trust & Investment Co’s portfolio, making the stock its largest holding. Missouri Trust & Investment Co owned approximately 0.08% of O’Reilly Automotive worth $35,194,000 as of its most recent filing with the Securities & Exchange Commission.
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Other hedge funds have also added to or reduced their stakes in the company. Riverview Trust Co lifted its position in O’Reilly Automotive by 56.5% in the 3rd quarter. Riverview Trust Co now owns 36 shares of the specialty retailer’s stock worth $25,000 after buying an additional 13 shares during the last quarter. Castle Wealth Management LLC purchased a new position in shares of O’Reilly Automotive during the second quarter valued at approximately $27,000. Grayhawk Investment Strategies Inc. purchased a new stake in O’Reilly Automotive in the second quarter worth $28,000. Northern Oak Wealth Management Inc. purchased a new stake in O’Reilly Automotive in the second quarter worth $40,000. Finally, Zions Bancorporation N.A. lifted its holdings in shares of O’Reilly Automotive by 80.6% during the second quarter. Zions Bancorporation N.A. now owns 65 shares of the specialty retailer’s stock valued at $41,000 after purchasing an additional 29 shares in the last quarter. Hedge funds and other institutional investors own 90.50% of the company’s stock.
Insider Buying and Selling
In related news, SVP Jonathan Wyatt Andrews sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $850.49, for a total transaction of $2,126,225.00. Following the sale, the senior vice president now owns 602 shares of the company’s stock, valued at $511,994.98. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other O’Reilly Automotive news, CFO Jeremy Adam Fletcher sold 4,635 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $844.17, for a total transaction of $3,912,727.95. Following the transaction, the chief financial officer now directly owns 2,284 shares in the company, valued at approximately $1,928,084.28. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Jonathan Wyatt Andrews sold 2,500 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $850.49, for a total transaction of $2,126,225.00. Following the transaction, the senior vice president now owns 602 shares in the company, valued at $511,994.98. The disclosure for this sale can be found here. Insiders have sold a total of 9,135 shares of company stock valued at $7,748,168 over the last quarter. Corporate insiders own 1.73% of the company’s stock.
O’Reilly Automotive Price Performance
NASDAQ:ORLY traded up $19.47 during mid-day trading on Monday, reaching $844.79. The stock had a trading volume of 252,504 shares, compared to its average volume of 477,669. The company has a market capitalization of $52.87 billion, a price-to-earnings ratio of 24.64, a price-to-earnings-growth ratio of 1.74 and a beta of 0.91. O’Reilly Automotive, Inc. has a 1-year low of $562.90 and a 1-year high of $870.92. The stock’s 50 day simple moving average is $818.05 and its two-hundred day simple moving average is $776.07.
O’Reilly Automotive (NASDAQ:ORLY – Get Rating) last issued its earnings results on Wednesday, February 8th. The specialty retailer reported $8.37 EPS for the quarter, beating analysts’ consensus estimates of $7.71 by $0.66. The company had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.50 billion. O’Reilly Automotive had a negative return on equity of 234.76% and a net margin of 15.08%. O’Reilly Automotive’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $7.64 earnings per share. Sell-side analysts anticipate that O’Reilly Automotive, Inc. will post 36.67 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on ORLY shares. DA Davidson raised their price objective on O’Reilly Automotive to $935.00 in a research note on Tuesday, November 1st. UBS Group lifted their target price on O’Reilly Automotive from $855.00 to $940.00 and gave the company a “buy” rating in a research report on Friday, October 28th. Truist Financial boosted their target price on O’Reilly Automotive from $892.00 to $921.00 and gave the stock a “buy” rating in a research note on Friday. Roth Capital reiterated a “buy” rating on shares of O’Reilly Automotive in a research note on Wednesday, February 8th. Finally, StockNews.com raised O’Reilly Automotive from a “buy” rating to a “strong-buy” rating in a report on Thursday. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $859.60.
O’Reilly Automotive Company Profile
O’Reilly Automotive, Inc owns and operates retail outlets in the United States. It engages in the distribution and retailing of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S., serving both professional installers and do-it-yourself customers. It provides new and remanufactured automotive hard parts, including alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature controls, chassis parts and engine parts, maintenance items consisting of oil, antifreeze products, fluids, filters, lighting products, engine additives, and appearance products, and accessories, such as floor mats, seat covers, and truck accessories.
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