O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Acquired by Haverford Trust Co

Haverford Trust Co increased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 23.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 281 shares of the specialty retailer’s stock after purchasing an additional 53 shares during the period. Haverford Trust Co’s holdings in O’Reilly Automotive were worth $324,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Trifecta Capital Advisors LLC raised its holdings in shares of O’Reilly Automotive by 383.3% during the third quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the period. Princeton Global Asset Management LLC bought a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at about $41,000. Crewe Advisors LLC acquired a new stake in O’Reilly Automotive during the first quarter worth about $43,000. Kings Path Partners LLC bought a new position in O’Reilly Automotive in the second quarter worth about $44,000. Finally, ORG Partners LLC acquired a new position in O’Reilly Automotive in the second quarter valued at approximately $48,000. 85.00% of the stock is owned by institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction on 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman David E. Oreilly sold 1,000 shares of the business’s stock in a transaction dated 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 transaction, the chairman now owns 183,583 shares in the company, valued at approximately $205,407,347.04. The trade was a 0.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 16,322 shares of company stock valued at $18,280,698 in the last 90 days. 1.55% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ORLY shares. Barclays boosted their price objective on O’Reilly Automotive from $986.00 to $1,088.00 and gave the company an “equal weight” rating in a research report on Friday, October 25th. Wedbush reissued a “neutral” rating and set a $1,200.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Truist Financial raised their price objective on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Wells Fargo & Company lifted their price target on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Finally, JPMorgan Chase & Co. upped their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Four equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,242.13.

O’Reilly Automotive Trading Down 1.2 %

NASDAQ ORLY opened at $1,224.40 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $914.50 and a 1 year high of $1,255.30. The company has a fifty day simple moving average of $1,167.21 and a 200 day simple moving average of $1,092.14. The company has a market cap of $70.68 billion, a P/E ratio of 30.29, a P/E/G ratio of 2.51 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last released 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 firm had revenue of $4.36 billion for 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 firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company earned $10.72 earnings per share. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 40.81 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.