First Heartland Consultants Inc. Reduces Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

First Heartland Consultants Inc. lessened its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 38.5% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,245 shares of the specialty retailer’s stock after selling 779 shares during the period. First Heartland Consultants Inc.’s holdings in O’Reilly Automotive were worth $1,434,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ORLY. Prime Capital Investment Advisors LLC raised its stake in O’Reilly Automotive by 1.2% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 8,167 shares of the specialty retailer’s stock worth $9,405,000 after acquiring an additional 99 shares during the period. Savvy Advisors Inc. purchased a new position in shares of O’Reilly Automotive during the 3rd quarter valued at $266,000. OVERSEA CHINESE BANKING Corp Ltd increased its stake in O’Reilly Automotive by 5.7% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 801 shares of the specialty retailer’s stock worth $922,000 after buying an additional 43 shares in the last quarter. Waverton Investment Management Ltd raised its holdings in 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 valued at $41,786,000 after acquiring an additional 4,336 shares during the period. Finally, Nations Financial Group Inc. IA ADV purchased a new position in shares of O’Reilly Automotive in the third quarter valued at about $228,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity

In related news, Director Lawrence P. Oreilly sold 13,765 shares of the firm’s stock in a transaction on 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 sale, the director now owns 141,589 shares in the company, valued at approximately $158,511,717.28. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Chairman David E. Oreilly sold 1,000 shares of O’Reilly Automotive stock in a transaction dated 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 sale, the chairman now directly owns 183,583 shares in the company, valued at approximately $205,407,347.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Lawrence P. Oreilly sold 13,765 shares of the stock in a transaction that occurred on 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 transaction, the director now directly owns 141,589 shares of the company’s stock, valued at $158,511,717.28. The trade was a 0.00 % 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. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Up 0.2 %

ORLY stock traded up $2.33 during trading on Tuesday, hitting $1,230.85. 30,427 shares of the company’s stock traded hands, compared to its average volume of 374,024. The firm has a market capitalization of $71.40 billion, a P/E ratio of 30.39, a PEG ratio of 2.47 and a beta of 0.92. O’Reilly Automotive, Inc. has a 1 year low of $914.50 and a 1 year high of $1,241.29. The business has a fifty day simple moving average of $1,163.19 and a two-hundred day simple moving average of $1,089.75.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data 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 negative return on equity of 155.25% and a net margin of 14.52%. The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period in the previous 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, equities research analysts predict that O’Reilly Automotive, Inc. will post 40.81 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Roth Capital raised O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. JPMorgan Chase & Co. raised their price target 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. Morgan Stanley upped their price objective on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a report on Thursday, October 24th. Truist Financial raised their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. Finally, DA Davidson reiterated 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. Four equities research 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,242.13.

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.