Vaughan David Investments LLC IL Purchases 22 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Vaughan David Investments LLC IL grew its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 5.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 410 shares of the specialty retailer’s stock after acquiring an additional 22 shares during the period. Vaughan David Investments LLC IL’s holdings in O’Reilly Automotive were worth $463,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Nordea Investment Management AB grew its holdings in O’Reilly Automotive by 3.8% during the first quarter. Nordea Investment Management AB now owns 60,057 shares of the specialty retailer’s stock valued at $68,327,000 after purchasing an additional 2,214 shares during the period. Fortune Financial Advisors LLC boosted its holdings in O’Reilly Automotive by 2.4% during the fourth quarter. Fortune Financial Advisors LLC now owns 2,447 shares of the specialty retailer’s stock worth $2,325,000 after purchasing an additional 57 shares during the last quarter. Perpetual Ltd lifted its stake in O’Reilly Automotive by 322.6% in the first quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock valued at $1,289,000 after acquiring an additional 871 shares during the last quarter. Wellington Management Group LLP lifted its stake in O’Reilly Automotive by 656.2% in the fourth quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock valued at $434,780,000 after acquiring an additional 397,108 shares during the last quarter. Finally, Stifel Financial Corp lifted its stake in O’Reilly Automotive by 7.4% in the fourth quarter. Stifel Financial Corp now owns 36,728 shares of the specialty retailer’s stock valued at $34,894,000 after acquiring an additional 2,535 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ORLY. Truist Financial cut their target price on shares of O’Reilly Automotive from $1,212.00 to $1,143.00 and set a “buy” rating for the company in a research note on Tuesday, July 2nd. UBS Group cut their target price on shares of 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. Wells Fargo & Company lowered their price target on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research report on Thursday, April 25th. Wedbush reaffirmed a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research report on Thursday, April 25th. Finally, StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Four 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.com, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and an average target price of $1,113.36.

Insider Transactions at O’Reilly Automotive

In other news, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the completion of the sale, the chief executive officer now owns 716 shares in the company, valued at approximately $726,740. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the sale, the chief executive officer now owns 716 shares in the company, valued at approximately $726,740. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lawrence P. Oreilly sold 1,500 shares of the company’s stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the completion of 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. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock traded up $1.70 during midday trading on Wednesday, hitting $1,050.71. 558,372 shares of the company traded hands, compared to its average volume of 394,183. The stock has a market cap of $61.88 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 1.95 and a beta of 0.92. The firm’s fifty day moving average price is $1,017.66 and its 200-day moving average price is $1,044.53. 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) last posted its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing the consensus estimate of $11.10 by ($0.55). O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The business had revenue of $4.27 billion for the quarter, compared to analyst estimates of $4.32 billion. During the same quarter in the prior year, the business earned $10.22 earnings per share. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 41.7 earnings per share for the current year.

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.