Toronto Dominion Bank Has $39.60 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Toronto Dominion Bank trimmed its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 13.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,079 shares of the specialty retailer’s stock after selling 5,348 shares during the quarter. Toronto Dominion Bank owned approximately 0.06% of O’Reilly Automotive worth $39,600,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Cadence Bank boosted its stake in shares of O’Reilly Automotive by 52.0% during the first quarter. Cadence Bank now owns 1,512 shares of the specialty retailer’s stock valued at $1,707,000 after purchasing an additional 517 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in shares of O’Reilly Automotive by 15.5% in the first quarter. Advisors Asset Management Inc. now owns 3,069 shares of the specialty retailer’s stock worth $3,465,000 after acquiring an additional 413 shares during the period. EP Wealth Advisors LLC lifted its stake in shares of O’Reilly Automotive by 1.6% in the first quarter. EP Wealth Advisors LLC now owns 1,270 shares of the specialty retailer’s stock worth $1,434,000 after acquiring an additional 20 shares during the period. Wellington Wealth Strategies LLC. acquired a new position in shares of O’Reilly Automotive in the first quarter worth approximately $227,000. Finally, CreativeOne Wealth LLC lifted its stake in shares of O’Reilly Automotive by 249.6% in the first quarter. CreativeOne Wealth LLC now owns 1,388 shares of the specialty retailer’s stock worth $1,567,000 after acquiring an additional 991 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY traded up $17.40 during midday trading on Friday, hitting $1,110.31. 549,923 shares of the stock traded hands, compared to its average volume of 398,681. The company has a market cap of $65.39 billion, a PE ratio of 28.18, a P/E/G ratio of 1.94 and a beta of 0.92. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The business has a 50 day moving average price of $1,021.36 and a two-hundred day moving average price of $1,046.13.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $10.98 by ($0.43). The firm had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 145.52%. The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $10.22 EPS. As a group, equities research analysts forecast that O’Reilly Automotive, Inc. will post 41.6 EPS for the current fiscal year.

Insider Activity at O’Reilly Automotive

In related news, Director Lawrence P. Oreilly sold 1,500 shares of O’Reilly Automotive 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 of the company’s stock, valued at $30,016,543.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive 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 transaction, the chief executive officer now owns 716 shares of the company’s stock, valued at $726,740. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lawrence P. Oreilly sold 1,500 shares of the business’s stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total value of $1,424,250.00. Following the completion of the transaction, the director now directly owns 31,613 shares in the company, valued at approximately $30,016,543.50. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ORLY shares. Royal Bank of Canada cut their price objective on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research note on Friday. DA Davidson lifted their price objective on O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a research note on Friday. Truist Financial lifted their target price on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a report on Friday. UBS Group lowered their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a report on Thursday, July 18th. Finally, StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average price target of $1,130.67.

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.