Callan Capital LLC reduced its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 69.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 333 shares of the specialty retailer's stock after selling 753 shares during the quarter. Callan Capital LLC's holdings in O'Reilly Automotive were worth $376,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Lido Advisors LLC boosted its position in shares of O'Reilly Automotive by 26.4% during the 3rd quarter. Lido Advisors LLC now owns 800 shares of the specialty retailer's stock valued at $727,000 after purchasing an additional 167 shares in the last quarter. GSA Capital Partners LLP lifted its stake in shares of O'Reilly Automotive by 31.2% in the third quarter. GSA Capital Partners LLP now owns 829 shares of the specialty retailer's stock worth $753,000 after buying an additional 197 shares during the last quarter. SkyView Investment Advisors LLC raised its stake in O'Reilly Automotive by 4.1% during the 3rd quarter. SkyView Investment Advisors LLC now owns 686 shares of the specialty retailer's stock valued at $623,000 after purchasing an additional 27 shares during the last quarter. Diversified Trust Co raised its stake in O'Reilly Automotive by 9.1% during the 3rd quarter. Diversified Trust Co now owns 1,178 shares of the specialty retailer's stock valued at $1,071,000 after purchasing an additional 98 shares during the last quarter. Finally, Comerica Bank bought a new stake in O'Reilly Automotive in the 3rd quarter valued at $18,127,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.
O'Reilly Automotive Trading Up 1.2 %
Shares of O'Reilly Automotive stock traded up $12.57 on Wednesday, hitting $1,028.19. 290,435 shares of the company traded hands, compared to its average volume of 395,195. The company has a market cap of $60.55 billion, a PE ratio of 26.10, a PEG ratio of 1.88 and a beta of 0.92. O'Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11. The stock's 50 day moving average price is $1,012.17 and its 200-day moving average price is $1,037.52.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating the consensus estimate of $9.18 by $0.02. The business had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.99 billion. O'Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The business's revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $8.28 EPS. As a group, research analysts anticipate that O'Reilly Automotive, Inc. will post 41.86 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the stock. Wells Fargo & Company lowered their target price on shares of O'Reilly Automotive from $1,300.00 to $1,200.00 and set an "overweight" rating on the stock in a report on Thursday, April 25th. Truist Financial lowered their target price on O'Reilly Automotive from $1,212.00 to $1,143.00 and set a "buy" rating for the company in a research note on Tuesday, July 2nd. UBS Group raised their price target on shares of O'Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a "buy" rating in a research note on Wednesday, April 17th. Mizuho began coverage on shares of O'Reilly Automotive in a research note on Tuesday, March 19th. They issued a "buy" rating and a $1,225.00 target price for the company. Finally, StockNews.com downgraded O'Reilly Automotive from a "buy" rating to a "hold" rating in a report on Friday, May 3rd. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, O'Reilly Automotive currently has an average rating of "Moderate Buy" and a consensus target price of $1,116.93.
Read Our Latest Report on ORLY
Insider Transactions at O'Reilly Automotive
In related news, CEO Brad W. Beckham sold 6,032 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the transaction, the chief executive officer now owns 716 shares of the company's stock, valued at $726,740. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other O'Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of the stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the transaction, the director now owns 31,613 shares of the company's stock, valued at approximately $30,016,543.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Brad W. Beckham sold 6,032 shares of the stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the sale, the chief executive officer now owns 716 shares of the company's stock, valued at approximately $726,740. The disclosure for this sale can be found here. Company insiders own 1.18% of the company's stock.
O'Reilly Automotive Company Profile
(Free Report)
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.
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