Dillon & Associates Inc. Has $14.85 Million Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Dillon & Associates Inc. trimmed its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,887 shares of the specialty retailer’s stock after selling 37 shares during the quarter. O’Reilly Automotive accounts for 2.1% of Dillon & Associates Inc.’s portfolio, making the stock its 13th largest position. Dillon & Associates Inc.’s holdings in O’Reilly Automotive were worth $14,846,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ORLY. Trifecta Capital Advisors LLC boosted its holdings 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 valued at $33,000 after purchasing an additional 23 shares in the last quarter. Princeton Global Asset Management LLC bought a new position in shares of O’Reilly Automotive during the third quarter valued at $41,000. Crewe Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 1st quarter worth about $43,000. Kings Path Partners LLC bought a new position in shares of O’Reilly Automotive in the second quarter valued at approximately $44,000. Finally, ORG Partners LLC bought a new stake in O’Reilly Automotive during the 2nd quarter worth approximately $48,000. 85.00% of the stock is owned by institutional investors.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Chairman David E. Oreilly sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the completion of the sale, the chairman now directly owns 183,583 shares in the company, valued at $205,407,347.04. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman David E. Oreilly sold 1,000 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the sale, the chairman now owns 183,583 shares in the company, valued at $205,407,347.04. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 16,322 shares of company stock worth $18,280,698. Insiders own 1.18% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of NASDAQ ORLY opened at $1,236.85 on Wednesday. The stock has a 50 day moving average price of $1,163.19 and a 200 day moving average price of $1,089.75. The stock has a market capitalization of $71.40 billion, a PE ratio of 30.60, a price-to-earnings-growth ratio of 2.49 and a beta of 0.92. O’Reilly Automotive, Inc. has a 52 week low of $914.50 and a 52 week high of $1,244.50.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period last year, the firm earned $10.72 EPS. O’Reilly Automotive’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 40.81 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on ORLY shares. Roth Mkm reissued a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. DA Davidson reiterated a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Truist Financial raised their price target on shares of 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. Bank of America upped their price objective on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Finally, BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,242.13.

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.