Bath Savings Trust Co Cuts Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Bath Savings Trust Co lessened its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,921 shares of the specialty retailer’s stock after selling 14 shares during the quarter. Bath Savings Trust Co’s holdings in O’Reilly Automotive were worth $4,650,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in ORLY. Darwin Wealth Management LLC acquired a new position in O’Reilly Automotive in the third quarter valued at $32,000. Trifecta Capital Advisors LLC lifted its stake in shares of O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after purchasing an additional 23 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of O’Reilly Automotive in the 3rd quarter valued at about $37,000. Princeton Global Asset Management LLC purchased a new stake in shares of O’Reilly Automotive during the 3rd quarter worth about $41,000. Finally, Quarry LP increased its position in O’Reilly Automotive by 109.1% during the 2nd quarter. Quarry LP now owns 92 shares of the specialty retailer’s stock worth $97,000 after purchasing an additional 48 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at O’Reilly Automotive

In related news, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total transaction of $734,442.00. Following the completion of the sale, the director now owns 700 shares of the company’s stock, valued at $856,849. This represents a 46.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the completion of the transaction, the senior vice president now directly owns 5 shares in the company, valued at $6,201.95. This represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ORLY shares. BMO Capital Markets began coverage on shares of O’Reilly Automotive in a research note on Friday, December 13th. They set an “outperform” rating and a $1,400.00 price objective for the company. DA Davidson reaffirmed a “buy” rating and set a $1,275.00 price target on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Royal Bank of Canada raised their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Wells Fargo & Company upped their target price on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. Finally, BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,269.31.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock traded down $3.79 during trading on Tuesday, reaching $1,206.68. The company had a trading volume of 129,222 shares, compared to its average volume of 255,460. O’Reilly Automotive, Inc. has a fifty-two week low of $914.50 and a fifty-two week high of $1,283.96. The firm’s fifty day moving average is $1,219.23 and its 200-day moving average is $1,152.96. The company has a market cap of $69.66 billion, a price-to-earnings ratio of 29.85, a price-to-earnings-growth ratio of 2.58 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS 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 firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the prior year, the business earned $10.72 EPS. The company’s quarterly revenue was up 3.8% on a year-over-year basis. On average, research analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

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.