Frazier Financial Advisors LLC Has $36,000 Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Frazier Financial Advisors LLC reduced its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 64.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 31 shares of the specialty retailer’s stock after selling 57 shares during the quarter. Frazier Financial Advisors LLC’s holdings in O’Reilly Automotive were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trifecta Capital Advisors LLC raised its holdings in O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares in the last quarter. Princeton Global Asset Management LLC acquired a new position in shares of O’Reilly Automotive during the 3rd quarter worth $41,000. Crewe Advisors LLC acquired a new position in shares of O’Reilly Automotive during the 1st quarter worth $43,000. Kings Path Partners LLC acquired a new position in shares of O’Reilly Automotive during the 2nd quarter worth $44,000. Finally, ORG Partners LLC acquired a new position in shares of O’Reilly Automotive during the 2nd quarter worth $48,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ORLY has been the subject of a number of research analyst reports. Truist Financial boosted their price target on 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 Mkm reissued a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a report on Wednesday, October 16th. Wells Fargo & Company boosted their price target on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. Wedbush restated a “neutral” rating and set a $1,200.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, TD Cowen boosted their price objective on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,242.13.

O’Reilly Automotive Trading Down 0.9 %

NASDAQ ORLY opened at $1,213.37 on Friday. The firm has a market capitalization of $70.05 billion, a PE ratio of 30.02, a price-to-earnings-growth ratio of 2.46 and a beta of 0.92. The business’s 50-day moving average price is $1,170.83 and its two-hundred day moving average price is $1,094.85. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data 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 business had revenue of $4.36 billion during the quarter, compared to analyst estimates 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 for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $10.72 earnings per share. As a group, analysts forecast that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Insider Activity

In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the transaction, the director now owns 141,589 shares in the company, valued at approximately $158,511,717.28. This represents a 8.86 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 value of $1,118,880.00. Following the completion of 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 ninety days. 1.55% of the stock is 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.