First National Bank of Mount Dora Trust Investment Services Acquires 95 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

First National Bank of Mount Dora Trust Investment Services lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,924 shares of the specialty retailer’s stock after buying an additional 95 shares during the period. First National Bank of Mount Dora Trust Investment Services’ holdings in O’Reilly Automotive were worth $3,367,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. QRG Capital Management Inc. grew its position in shares of O’Reilly Automotive by 0.7% in the 3rd quarter. QRG Capital Management Inc. now owns 3,403 shares of the specialty retailer’s stock valued at $3,919,000 after acquiring an additional 24 shares during the period. National Pension Service raised its stake in O’Reilly Automotive by 9.3% in the third quarter. National Pension Service now owns 125,900 shares of the specialty retailer’s stock valued at $144,986,000 after buying an additional 10,698 shares during the period. Donaldson Capital Management LLC lifted its position in shares of O’Reilly Automotive by 0.4% in the third quarter. Donaldson Capital Management LLC now owns 6,548 shares of the specialty retailer’s stock valued at $7,541,000 after buying an additional 29 shares during the last quarter. KG&L Capital Management LLC boosted its stake in shares of O’Reilly Automotive by 6.9% during the 3rd quarter. KG&L Capital Management LLC now owns 758 shares of the specialty retailer’s stock worth $873,000 after acquiring an additional 49 shares during the period. Finally, Optas LLC acquired a new position in shares of O’Reilly Automotive during the 3rd quarter worth approximately $261,000. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY traded up $15.05 during midday trading on Monday, reaching $1,161.64. The company’s stock had a trading volume of 40,604 shares, compared to its average volume of 373,923. The stock has a market capitalization of $67.38 billion, a P/E ratio of 28.37, a PEG ratio of 2.34 and a beta of 0.92. The firm has a 50 day moving average price of $1,154.60 and a 200-day moving average price of $1,084.87. O’Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,221.18.

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 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 for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $10.72 EPS. On average, equities analysts predict that O’Reilly Automotive, Inc. will post 40.82 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ORLY. Roth Capital upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Tuesday, October 15th. TD Cowen raised their price target 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. Bank of America lifted their price objective on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Wedbush restated a “neutral” rating and set a $1,200.00 target price on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a report on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,242.13.

Insider Buying and Selling at O’Reilly Automotive

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction on 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $1,119.52, for a total transaction 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 represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive 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 disclosure for this sale can be found here. Insiders have sold a total of 16,370 shares of company stock worth $18,333,966 over the last three months. 1.55% of the stock is currently owned by insiders.

About O’Reilly Automotive

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.