Holdings of O’Reilly Automotive, Inc. (NASDAQ:ORLY) were decreased by Larson Financial Group LLC

Larson Financial Group LLC reduced its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 6.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 371 shares of the specialty retailer’s stock after selling 24 shares during the quarter. Larson Financial Group LLC’s holdings in O’Reilly Automotive were worth $392,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ORLY. Rise Advisors LLC acquired a new stake in shares of O’Reilly Automotive in the 1st quarter worth about $36,000. Newbridge Financial Services Group Inc. bought a new stake in O’Reilly Automotive in the first quarter worth about $37,000. Indiana Trust & Investment Management CO lifted its position in O’Reilly Automotive by 325.0% in the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock worth $38,000 after purchasing an additional 26 shares during the period. Riverview Trust Co purchased a new stake in O’Reilly Automotive in the 1st quarter valued at approximately $41,000. Finally, Crewe Advisors LLC bought a new position in O’Reilly Automotive in the first quarter valued at $43,000. Institutional investors own 85.00% of the company’s shares.

Indoor activity

In related news, Director Dana Perlman sold 48 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the completion of the sale, the director now directly owns 1,097 shares in the company, valued at $1,217,406.72. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC’s website. In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 18,264 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total value of $20,593,573.20. Following the transaction, the chairman now owns 13,347 shares in the company, valued at $15,049,409.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC’s website. Also, Director Dana Perlman sold 48 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total value of $53,268.48. Following the sale, the director now directly owns 1,097 shares of the company’s stock, valued at $1,217,406.72. The disclosure for this sale can be found here. Insiders have sold 50,411 shares of company stock worth $56,846,062 in the last 90 days. Company insiders own 1.55% of the company’s shares.

Analysts set new price targets

A number of analysts have recently commented on ORLY shares. Evercore ISI upped their price objective on O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Wells Fargo & Company upped their target price on shares of O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the stock an “overweight” rating in a research report on Thursday, August 22nd. Bank of America upped their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. Truist Financial lifted their price objective on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a research note on Friday, July 26th. Finally, Royal Bank of Canada reduced their price target on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a research note on Friday, July 26. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,144.06, based on data from MarketBeat.com.

Read our latest analysis of O’Reilly Automotive

O’Reilly Automotive stock down 0.0%

Shares of NASDAQ:ORLY opened at $1,137.59 on Friday. The company has a market cap of $65.99 billion, a P/E ratio of 28.87, a price-to-earnings-growth ratio of 2.15 and a beta of 0.92. The company’s fifty day moving average is $1,090.66 and its two hundred day moving average is $1,068.14. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY – Get Your Free Report ) last posted its quarterly earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing the consensus estimate of $10.98 by ($0.43). The company had revenue of $4.27 billion for the quarter, compared to analyst estimates of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The company’s quarterly revenue was up 5.0% year over year. In the same period last year, the firm posted earnings of $10.22 per share. Equities research analysts anticipate that O’Reilly Automotive, Inc. will post 41.13 earnings per share for the current year.

O’Reilly car profile

(Free report)

O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive 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, transmission 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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