First National Trust Co Sells 46 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

First National Trust Co lowered its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,282 shares of the specialty retailer’s stock after selling 46 shares during the quarter. First National Trust Co’s holdings in O’Reilly Automotive were worth $7,234,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Waverton Investment Management Ltd grew its holdings in shares of O’Reilly Automotive by 13.6% during the third quarter. Waverton Investment Management Ltd now owns 36,298 shares of the specialty retailer’s stock worth $41,786,000 after buying an additional 4,336 shares in the last quarter. Nations Financial Group Inc. IA ADV bought a new stake in shares of O’Reilly Automotive in the third quarter worth $228,000. Venturi Wealth Management LLC boosted its holdings in O’Reilly Automotive by 8.5% during the third quarter. Venturi Wealth Management LLC now owns 115 shares of the specialty retailer’s stock worth $132,000 after purchasing an additional 9 shares during the last quarter. Catalytic Wealth RIA LLC bought a new position in O’Reilly Automotive in the third quarter valued at $617,000. Finally, Patten & Patten Inc. TN increased its holdings in shares of O’Reilly Automotive by 0.8% during the 3rd quarter. Patten & Patten Inc. TN now owns 6,082 shares of the specialty retailer’s stock worth $7,004,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 85.00% of the company’s stock.

Insider Transactions at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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 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 sale, the chairman now owns 183,583 shares of the company’s stock, valued at approximately $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 accessible through this hyperlink. Also, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction that occurred 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. In the last ninety days, insiders sold 16,322 shares of company stock valued at $18,280,698. Corporate insiders own 1.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on ORLY. TD Cowen upped their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. DA Davidson restated a “buy” rating and set a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Roth Mkm reaffirmed a “buy” rating and issued a $1,337.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Royal Bank of Canada lifted their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Finally, Wells Fargo & Company increased their target price 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. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,242.13.

O’Reilly Automotive Trading Up 0.9 %

NASDAQ ORLY opened at $1,228.52 on Tuesday. The firm has a market capitalization of $71.26 billion, a PE ratio of 30.39, a price-to-earnings-growth ratio of 2.47 and a beta of 0.92. The business’s 50-day moving average price is $1,161.22 and its two-hundred day moving average price is $1,088.52. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,241.29.

O’Reilly Automotive (NASDAQ:ORLY) last released its 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 net margin of 14.52% and a negative return on equity of 155.25%. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the company posted $10.72 EPS. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, analysts forecast that O’Reilly Automotive, Inc. will post 40.81 earnings per share for the current fiscal 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.