O’Reilly Automotive, Inc. (NASDAQ:ORLY) Stake Lessened by AAFMAA Wealth Management & Trust LLC

AAFMAA Wealth Management & Trust LLC decreased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,209 shares of the specialty retailer’s stock after selling 93 shares during the period. AAFMAA Wealth Management & Trust LLC’s holdings in O’Reilly Automotive were worth $1,434,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale lifted its stake in O’Reilly Automotive by 11.0% during the second quarter. DekaBank Deutsche Girozentrale now owns 19,296 shares of the specialty retailer’s stock valued at $20,409,000 after purchasing an additional 1,918 shares during the last quarter. Wealthspire Advisors LLC increased its position in shares of O’Reilly Automotive by 2.4% in the second quarter. Wealthspire Advisors LLC now owns 521 shares of the specialty retailer’s stock worth $550,000 after acquiring an additional 12 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of O’Reilly Automotive by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 222,174 shares of the specialty retailer’s stock valued at $234,629,000 after acquiring an additional 9,260 shares during the period. J.W. Cole Advisors Inc. lifted its position in shares of O’Reilly Automotive by 6.0% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 548 shares of the specialty retailer’s stock valued at $579,000 after acquiring an additional 31 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its stake in O’Reilly Automotive by 79.8% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 570 shares of the specialty retailer’s stock worth $602,000 after purchasing an additional 253 shares during the period. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Andrea Weiss sold 600 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the transaction, the director now directly owns 700 shares in the company, valued at $856,849. This represents a 46.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the sale, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. This trade represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.55% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on ORLY. Truist Financial increased their target price on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. BMO Capital Markets initiated coverage on O’Reilly Automotive in a research report on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price objective for the company. DA Davidson reiterated a “buy” rating and issued a $1,275.00 target price on shares of O’Reilly Automotive in a report on Thursday, October 24th. Evercore ISI raised their price target on shares of O’Reilly Automotive from $1,315.00 to $1,325.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Finally, Royal Bank of Canada upped their price objective on shares of O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,270.69.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $1,210.14 on Tuesday. The stock’s 50 day simple moving average is $1,223.70 and its 200 day simple moving average is $1,157.80. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,283.96. The company has a market capitalization of $69.86 billion, a price-to-earnings ratio of 29.94, a PEG ratio of 2.58 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business earned $10.72 EPS. On average, analysts forecast that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

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.