Bath Savings Trust Co Has $4.53 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Bath Savings Trust Co raised its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 3,935 shares of the specialty retailer’s stock after buying an additional 41 shares during the quarter. Bath Savings Trust Co’s holdings in O’Reilly Automotive were worth $4,532,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ORLY. Vanguard Group Inc. lifted its position in O’Reilly Automotive by 1.5% during the first 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 holdings in shares of O’Reilly Automotive by 3.2% during the 2nd quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer’s stock worth $1,954,404,000 after acquiring an additional 57,194 shares during the period. Bank of New York Mellon Corp boosted its position in shares of O’Reilly Automotive by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer’s stock worth $1,505,649,000 after acquiring an additional 19,211 shares in the last quarter. JPMorgan Chase & Co. increased its stake in O’Reilly Automotive by 56.2% in the first quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock valued at $1,180,259,000 after acquiring an additional 376,167 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in O’Reilly Automotive by 5.2% in the second quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer’s stock valued at $524,629,000 after acquiring an additional 24,767 shares during the last quarter. 85.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ORLY has been the subject of several recent analyst reports. UBS Group cut their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating for the company in a research note on Thursday, July 18th. Bank of America raised their price objective on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Truist Financial lifted their target price on 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. Royal Bank of Canada dropped their target price on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a report on Friday, July 26th. Finally, Wells Fargo & Company lifted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the company an “overweight” rating in a report on Thursday, August 22nd. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, O’Reilly Automotive presently has an average rating of “Moderate Buy” and a consensus target price of $1,166.79.

O’Reilly Automotive Price Performance

ORLY stock opened at $1,151.42 on Tuesday. The company’s 50-day moving average is $1,129.45 and its 200-day moving average is $1,075.09. The stock has a market capitalization of $67.81 billion, a PE ratio of 29.22, a price-to-earnings-growth ratio of 2.19 and a beta of 0.92. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,171.39.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings results 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 firm had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.32 billion. O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $10.22 EPS. On average, analysts anticipate that O’Reilly Automotive, Inc. will post 41.1 earnings per share for the current fiscal year.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 413 shares of the company’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the transaction, the senior vice president now owns 265 shares in the company, valued at approximately $296,800. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Chairman Gregory L. Henslee sold 18,264 shares of the stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total value of $20,593,573.20. Following the completion of the sale, the chairman now owns 13,347 shares in the company, valued at $15,049,409.85. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Mark Joseph Merz sold 413 shares of the stock in a transaction dated Tuesday, July 30th. The shares were 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 of the company’s stock, valued at approximately $296,800. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 50,411 shares of company stock valued at $56,846,062. 1.55% of the stock is owned by company insiders.

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.