Bank of New Hampshire Reduces Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Bank of New Hampshire reduced its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,677 shares of the specialty retailer’s stock after selling 51 shares during the quarter. O’Reilly Automotive makes up about 1.1% of Bank of New Hampshire’s holdings, making the stock its 23rd biggest holding. Bank of New Hampshire’s holdings in O’Reilly Automotive were worth $4,360,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Wellington Management Group LLP raised its position in shares of O’Reilly Automotive by 73.0% in the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer’s stock worth $1,986,874,000 after acquiring an additional 728,040 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of O’Reilly Automotive by 1.7% during the third quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer’s stock valued at $1,700,513,000 after buying an additional 24,135 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of O’Reilly Automotive by 99,957.0% during the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock valued at $984,027,000 after buying an additional 853,633 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in O’Reilly Automotive by 28.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock worth $692,816,000 after buying an additional 133,139 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in O’Reilly Automotive by 5.2% during the 2nd quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer’s stock valued at $524,629,000 after acquiring an additional 24,767 shares during the period. 85.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on ORLY shares. Wells Fargo & Company boosted their price objective on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a report on Monday, October 14th. DA Davidson restated a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. JPMorgan Chase & Co. lifted their target price on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Roth Mkm restated a “buy” rating and set a $1,337.00 target price on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Finally, Morgan Stanley boosted their price target on shares of O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus price target of $1,269.31.

O’Reilly Automotive Stock Performance

ORLY stock traded up $2.33 during mid-day trading on Tuesday, reaching $1,212.80. 44,320 shares of the stock traded hands, compared to its average volume of 234,851. The business has a 50-day moving average price of $1,219.23 and a two-hundred day moving average price of $1,152.96. The stock has a market capitalization of $70.02 billion, a PE ratio of 30.00, a PEG ratio of 2.58 and a beta of 0.94. O’Reilly Automotive, Inc. has a one year low of $914.50 and a one year high of $1,283.96.

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 the consensus estimate 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 firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. On average, equities analysts expect that O’Reilly Automotive, Inc. will post 40.85 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares of the company’s stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Andrea Weiss sold 600 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the sale, the director now directly owns 700 shares in the company, valued at $856,849. The trade was a 46.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.55% of the company’s stock.

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.