Tobam Has $139,000 Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Tobam grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 40.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 121 shares of the specialty retailer’s stock after acquiring an additional 35 shares during the period. Tobam’s holdings in O’Reilly Automotive were worth $139,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Rise Advisors LLC bought a new stake in O’Reilly Automotive in the first quarter valued at approximately $36,000. Indiana Trust & Investment Management CO increased its holdings in shares of O’Reilly Automotive by 325.0% during the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after acquiring an additional 26 shares in the last quarter. Riverview Trust Co acquired a new position in shares of O’Reilly Automotive during the first quarter worth approximately $41,000. Crewe Advisors LLC bought a new position in shares of O’Reilly Automotive in the 1st quarter worth $43,000. Finally, Kings Path Partners LLC acquired a new stake in O’Reilly Automotive in the 2nd quarter valued at $44,000. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $1,171.36 on Friday. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,186.91. The firm’s 50-day moving average price is $1,131.67 and its 200-day moving average price is $1,075.72. The company has a market capitalization of $67.95 billion, a PE ratio of 29.48, a P/E/G ratio of 2.24 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last issued 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 the consensus estimate of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. O’Reilly Automotive’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $10.22 earnings per share. Equities analysts anticipate that O’Reilly Automotive, Inc. will post 41.1 EPS for the current fiscal year.

Analysts Set New Price Targets

ORLY has been the topic of a number of recent analyst reports. DA Davidson raised their price target on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Wedbush reaffirmed a “neutral” rating and issued a $1,100.00 price objective on shares of O’Reilly Automotive in a report on Thursday, July 25th. Truist Financial raised their price objective on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Bank of America boosted their target price on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Finally, Evercore ISI upped their price objective on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research report on Thursday, August 22nd. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,166.79.

Insider Transactions at O’Reilly Automotive

In related news, SVP Mark Joseph Merz sold 413 shares of the business’s stock in a transaction that occurred 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 trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Gregory D. Johnson sold 15,364 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total value of $17,455,962.24. Following the completion of the sale, the director now directly owns 5,016 shares of the company’s stock, valued at $5,698,978.56. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Mark Joseph Merz sold 413 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The shares were 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 in the company, valued at approximately $296,800. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 50,411 shares of company stock valued at $56,846,062 over the last quarter. 1.55% of the stock is currently owned by company insiders.

O’Reilly Automotive 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.