O’Reilly Automotive, Inc. $ORLY Stock: Third View Private Wealth LLC Lowers Holdings

Third View Private Wealth LLC reduced its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 48.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 12,717 shares of the specialty retailer’s stock after selling 12,170 shares during the period. Third View Private Wealth LLC’s holdings in O’Reilly Automotive were worth $1,086,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ORLY. Kelleher Financial Advisors purchased a new stake in shares of O’Reilly Automotive during the 2nd quarter valued at $28,000. Fiduciary Financial Advisors acquired a new stake in shares of O’Reilly Automotive in the 2nd quarter worth $28,000. Whipplewood Advisors LLC grew its stake in O’Reilly Automotive by 1,552.6% during the 1st quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock worth $29,000 after buying an additional 295 shares during the last quarter. Bell Investment Advisors Inc purchased a new position in O’Reilly Automotive during the 2nd quarter worth $29,000. Finally, MidFirst Bank purchased a new position in O’Reilly Automotive during the 2nd quarter worth $34,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director Maria Sastre sold 2,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $91.85, for a total transaction of $183,700.00. Following the sale, the director owned 14,970 shares in the company, valued at approximately $1,374,994.50. The trade was a 11.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas Hendrickson sold 1,000 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $87.83, for a total value of $87,830.00. Following the completion of the transaction, the director directly owned 18,675 shares in the company, valued at $1,640,225.25. This represents a 5.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 6,000 shares of company stock valued at $550,530. 0.77% of the stock is owned by company insiders.

O’Reilly Automotive Trading Down 0.8%

NASDAQ:ORLY opened at $89.99 on Wednesday. O’Reilly Automotive, Inc. has a 12 month low of $82.59 and a 12 month high of $102.46. The firm has a fifty day simple moving average of $87.21 and a 200-day simple moving average of $90.49. The company has a market capitalization of $72.80 billion, a P/E ratio of 27.60, a PEG ratio of 2.16 and a beta of 0.55.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results on Wednesday, October 28th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. O’Reilly Automotive had a negative return on equity of 188.24% and a net margin of 14.27%. The firm had revenue of $5.12 billion for the quarter, compared to the consensus estimate of $5.02 billion. During the same period in the prior year, the firm earned $0.85 EPS. The firm’s revenue was up 8.8% on a year-over-year basis. Equities analysts forecast that O’Reilly Automotive, Inc. will post 3.31 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on ORLY shares. Morgan Stanley reduced their target price on O’Reilly Automotive from $112.00 to $108.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. The Goldman Sachs Group reissued a “conviction-buy” rating and issued a $104.00 price target on shares of O’Reilly Automotive in a report on Friday. Robert W. Baird set a $100.00 price target on O’Reilly Automotive and gave the stock a “neutral” rating in a research note on Friday, July 31st. Royal Bank Of Canada restated an “outperform” rating and set a $111.00 price objective (up from $110.00) on shares of O’Reilly Automotive in a report on Tuesday, October 20th. Finally, Weiss Ratings downgraded shares of O’Reilly Automotive from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus price target of $108.00.

O’Reilly Automotive Profile

O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies and accessories. The company serves both do-it-yourself customers and professional service technicians, offering products used for vehicle maintenance, repair and customization. Its merchandise includes replacement parts, batteries, filters, lighting products, shop equipment, automotive chemicals and related accessories.

Founded in 1957 by the O’Reilly family, the company began as a single store in Springfield, Missouri.