Dillon & Associates Inc. Sells 37 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Dillon & Associates Inc. decreased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,887 shares of the specialty retailer’s stock after selling 37 shares during the quarter. O’Reilly Automotive makes up approximately 2.1% of Dillon & Associates Inc.’s portfolio, making the stock its 13th biggest position. Dillon & Associates Inc.’s holdings in O’Reilly Automotive were worth $14,846,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank Pictet & Cie Asia Ltd. bought a new stake in shares of O’Reilly Automotive in the 2nd quarter valued at $800,000. Handelsbanken Fonder AB increased its stake in O’Reilly Automotive by 2.5% in the 3rd quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer’s stock valued at $34,507,000 after buying an additional 727 shares during the last quarter. Assetmark Inc. grew its stake in O’Reilly Automotive by 20.8% in the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after purchasing an additional 3,193 shares during the period. O Shaughnessy Asset Management LLC raised its position in O’Reilly Automotive by 5.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 14,814 shares of the specialty retailer’s stock worth $16,723,000 after acquiring an additional 701 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in O’Reilly Automotive by 90.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,638 shares of the specialty retailer’s stock valued at $15,458,000 after purchasing an additional 6,954 shares during the period. Institutional investors and hedge funds own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ORLY. BNP Paribas upgraded O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Wells Fargo & Company raised their price objective on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a report on Monday, October 14th. Barclays lifted their price objective on O’Reilly Automotive from $986.00 to $1,088.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. Evercore ISI boosted their price objective on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Finally, Royal Bank of Canada raised their price target on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,242.13.

O’Reilly Automotive Stock Up 0.7 %

Shares of NASDAQ ORLY opened at $1,236.85 on Wednesday. The firm’s 50-day moving average price is $1,163.19 and its 200-day moving average price is $1,089.75. O’Reilly Automotive, Inc. has a 52-week low of $914.50 and a 52-week high of $1,244.50. The company has a market cap of $71.40 billion, a PE ratio of 30.60, a PEG ratio of 2.49 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.42 billion. During the same quarter in the prior year, the firm posted $10.72 earnings per share. O’Reilly Automotive’s quarterly revenue was up 3.8% on a year-over-year basis. As a group, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 40.81 EPS for the current fiscal year.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other O’Reilly Automotive news, Chairman David E. Oreilly sold 1,000 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $1,118.88, for a total value of $1,118,880.00. Following the completion of the sale, the chairman now owns 183,583 shares in the company, valued at approximately $205,407,347.04. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Christopher Andrew Mancini sold 1,557 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 16,322 shares of company stock worth $18,280,698. Company insiders own 1.18% of the company’s stock.

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.