Oxbow Advisors LLC Sells 42 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Oxbow Advisors LLC lessened its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,821 shares of the specialty retailer’s stock after selling 42 shares during the period. O’Reilly Automotive accounts for approximately 1.0% of Oxbow Advisors LLC’s holdings, making the stock its 24th biggest position. Oxbow Advisors LLC’s holdings in O’Reilly Automotive were worth $10,158,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ORLY. Bridges Investment Management Inc. purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at about $219,000. Assetmark Inc. raised its position in shares of O’Reilly Automotive by 20.8% during the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after buying an additional 3,193 shares in the last quarter. SpiderRock Advisors LLC purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at about $1,225,000. CWA Asset Management Group LLC purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter valued at about $6,210,000. Finally, AEGON ASSET MANAGEMENT UK Plc raised its position in shares of O’Reilly Automotive by 0.9% during the 3rd quarter. AEGON ASSET MANAGEMENT UK Plc now owns 20,468 shares of the specialty retailer’s stock valued at $23,555,000 after buying an additional 176 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ORLY. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research report on Tuesday, October 15th. DA Davidson reissued a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. TD Cowen increased their price objective on shares of 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. Wedbush reissued a “neutral” rating and issued a $1,200.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, Truist Financial raised 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 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat, O’Reilly Automotive has an average rating of “Moderate Buy” and an average price target of $1,242.13.

Insider Activity

In other news, Director Lawrence P. Oreilly sold 13,765 shares of O’Reilly Automotive stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the sale, the director now owns 141,589 shares in the company, valued at $158,511,717.28. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, Director Lawrence P. Oreilly sold 13,765 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the transaction, the director now directly owns 141,589 shares in the company, valued at approximately $158,511,717.28. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The disclosure for this sale can be found here. Insiders have sold a total of 16,322 shares of company stock worth $18,280,698 over the last 90 days. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive Stock Up 0.3 %

Shares of NASDAQ ORLY traded up $3.19 during trading on Friday, hitting $1,217.70. The company had a trading volume of 313,310 shares, compared to its average volume of 333,266. The stock has a fifty day simple moving average of $1,161.22 and a two-hundred day simple moving average of $1,088.58. O’Reilly Automotive, Inc. has a fifty-two week low of $914.50 and a fifty-two week high of $1,239.65. The firm has a market capitalization of $70.64 billion, a price-to-earnings ratio of 30.13, a price-to-earnings-growth ratio of 2.51 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same quarter last year, the business earned $10.72 EPS. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 40.82 earnings per share for the current year.

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.