Fifth Third Bancorp Acquires 14 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Fifth Third Bancorp raised its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,795 shares of the specialty retailer’s stock after purchasing an additional 14 shares during the quarter. Fifth Third Bancorp owned approximately 0.06% of O’Reilly Automotive worth $43,632,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Daymark Wealth Partners LLC grew its holdings in shares of O’Reilly Automotive by 20.2% during the 2nd quarter. Daymark Wealth Partners LLC now owns 428 shares of the specialty retailer’s stock worth $452,000 after acquiring an additional 72 shares during the period. MBB Public Markets I LLC bought a new stake in shares of O’Reilly Automotive in the 2nd quarter worth approximately $4,588,000. Marshfield Associates grew its stake in shares of O’Reilly Automotive by 0.6% in the 2nd quarter. Marshfield Associates now owns 302,886 shares of the specialty retailer’s stock worth $319,866,000 after buying an additional 1,718 shares during the last quarter. Legal & General Group Plc increased its holdings in shares of O’Reilly Automotive by 5.2% during the second quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer’s stock valued at $524,629,000 after acquiring an additional 24,767 shares in the last quarter. Finally, Scientech Research LLC boosted its stake in O’Reilly Automotive by 8.6% in the 2nd quarter. Scientech Research LLC now owns 239 shares of the specialty retailer’s stock worth $252,000 after purchasing an additional 19 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Down 0.6 %

ORLY stock opened at $1,254.00 on Friday. The firm has a market cap of $72.39 billion, a price-to-earnings ratio of 31.02, a PEG ratio of 2.30 and a beta of 0.94. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,283.96. The business’s fifty day simple moving average is $1,224.37 and its two-hundred day simple moving average is $1,166.81.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) 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 revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $10.72 earnings per share. Research analysts expect that O’Reilly Automotive, Inc. will post 40.86 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Truist Financial lifted their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. DA Davidson restated a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Finally, Barclays increased their price objective on shares of O’Reilly Automotive from $1,088.00 to $1,110.00 and gave the company an “equal weight” rating in a research report on Thursday, January 9th. Two analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $1,295.94.

Insider Buying and Selling

In related news, Director Andrea Weiss sold 600 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffery Thomas Loafman sold 620 shares of the business’s 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 transaction, the senior vice president now owns 5 shares of the company’s stock, valued at $6,201.95. This represents a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by company insiders.

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.