Vista Investment Partners LLC Purchases 35 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Vista Investment Partners LLC grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,631 shares of the specialty retailer’s stock after purchasing an additional 35 shares during the period. O’Reilly Automotive makes up about 1.6% of Vista Investment Partners LLC’s portfolio, making the stock its 15th biggest position. Vista Investment Partners LLC’s holdings in O’Reilly Automotive were worth $4,891,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. increased its holdings in O’Reilly Automotive by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer’s stock worth $5,739,462,000 after purchasing an additional 75,837 shares during the period. Principal Financial Group Inc. lifted its position in O’Reilly Automotive by 4.5% during the 1st quarter. Principal Financial Group Inc. now owns 1,793,461 shares of the specialty retailer’s stock worth $2,024,604,000 after acquiring an additional 76,517 shares during the period. Bank of New York Mellon Corp lifted its position in O’Reilly Automotive by 15.0% during the 1st quarter. Bank of New York Mellon Corp now owns 1,406,513 shares of the specialty retailer’s stock worth $1,587,784,000 after acquiring an additional 183,296 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of O’Reilly Automotive by 56.2% in the 1st quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock valued at $1,180,259,000 after buying an additional 376,167 shares during the period. Finally, Jennison Associates LLC lifted its holdings in shares of O’Reilly Automotive by 7.6% in the 4th quarter. Jennison Associates LLC now owns 947,484 shares of the specialty retailer’s stock valued at $900,186,000 after buying an additional 66,629 shares during the period. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Price Performance

NASDAQ:ORLY traded up $3.63 during trading hours on Friday, reaching $1,119.52. 263,141 shares of the company traded hands, compared to its average volume of 395,573. The firm’s 50-day moving average is $1,065.12 and its 200-day moving average is $1,059.66. The stock has a market cap of $64.94 billion, a P/E ratio of 28.41, a P/E/G ratio of 2.14 and a beta of 0.92. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.98 by ($0.43). The business had revenue of $4.27 billion for the quarter, compared to analyst estimates of $4.32 billion. O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. O’Reilly Automotive’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter last year, the business earned $10.22 EPS. As a group, research analysts predict that O’Reilly Automotive, Inc. will post 41.13 earnings per share for the current year.

Insider Buying and Selling at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total value of $462,560.00. Following the transaction, the senior vice president now directly owns 265 shares of the company’s stock, valued at approximately $296,800. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, SVP Mark Joseph Merz sold 413 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the completion of the sale, the senior vice president now owns 265 shares in the company, valued at approximately $296,800. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lawrence P. Oreilly sold 1,500 shares of the business’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total value of $1,424,250.00. Following the sale, the director now owns 31,613 shares of the company’s stock, valued at approximately $30,016,543.50. The disclosure for this sale can be found here. Insiders sold 35,589 shares of company stock worth $39,989,614 in the last 90 days. 1.55% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ORLY shares. Wells Fargo & Company reduced their target price on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a report on Thursday, April 25th. UBS Group lowered their price objective on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research report on Thursday, July 18th. Truist Financial upped their price objective on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Evercore ISI reduced their target price on O’Reilly Automotive from $1,250.00 to $1,225.00 and set an “outperform” rating for the company in a report on Tuesday, July 16th. Finally, StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,130.67.

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.