O’Reilly Automotive, Inc. (NASDAQ:ORLY) is Missouri Trust & Investment Co’s Largest Position

Missouri Trust & Investment Co reduced its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.6% during the 3rd quarter, Holdings Channel reports. The fund owned 30,033 shares of the specialty retailer’s stock after selling 178 shares during the period. O’Reilly Automotive makes up about 12.1% of Missouri Trust & Investment Co’s holdings, making the stock its largest holding. Missouri Trust & Investment Co’s holdings in O’Reilly Automotive were worth $34,586,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Prime Capital Investment Advisors LLC boosted its stake in O’Reilly Automotive by 1.2% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 8,167 shares of the specialty retailer’s stock worth $9,405,000 after purchasing an additional 99 shares during the last quarter. Savvy Advisors Inc. purchased a new position in O’Reilly Automotive in the 3rd quarter worth approximately $266,000. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in shares of O’Reilly Automotive by 5.7% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 801 shares of the specialty retailer’s stock worth $922,000 after purchasing an additional 43 shares during the last quarter. Waverton Investment Management Ltd boosted its holdings in shares of O’Reilly Automotive by 13.6% during the 3rd quarter. Waverton Investment Management Ltd now owns 36,298 shares of the specialty retailer’s stock worth $41,786,000 after purchasing an additional 4,336 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV acquired a new position in shares of O’Reilly Automotive during the 3rd quarter worth approximately $228,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Stock Down 0.0 %

Shares of ORLY stock traded down $0.27 during mid-day trading on Tuesday, reaching $1,228.25. The company’s stock had a trading volume of 19,225 shares, compared to its average volume of 373,973. The company’s 50 day simple moving average is $1,163.19 and its 200-day simple moving average is $1,089.75. O’Reilly Automotive, Inc. has a 12-month low of $914.50 and a 12-month high of $1,241.29. The firm has a market capitalization of $71.25 billion, a PE ratio of 30.39, a price-to-earnings-growth ratio of 2.47 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS 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 business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.42 billion. During the same period in the prior year, the business posted $10.72 EPS. The business’s revenue was up 3.8% on a year-over-year basis. As a group, research analysts anticipate that O’Reilly Automotive, Inc. will post 40.81 EPS for the current fiscal year.

Insider Buying and Selling

In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 13,765 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total transaction of $15,410,192.80. Following the completion of the transaction, the director now directly owns 141,589 shares of the company’s stock, valued at $158,511,717.28. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Lawrence P. Oreilly sold 13,765 shares of O’Reilly Automotive stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $1,119.52, for a total value of $15,410,192.80. Following the completion of the transaction, the director now directly owns 141,589 shares of the company’s stock, valued at approximately $158,511,717.28. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman David E. Oreilly sold 1,000 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $1,118.88, for a total transaction of $1,118,880.00. Following the transaction, the chairman now directly owns 183,583 shares of the company’s stock, valued at $205,407,347.04. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,322 shares of company stock valued at $18,280,698 in the last quarter. Company insiders own 1.55% of the company’s stock.

Analyst Upgrades and Downgrades

ORLY has been the topic of several analyst reports. DA Davidson reaffirmed a “buy” rating and set a $1,275.00 price target on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Morgan Stanley upped their price objective on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. boosted their target price on shares of O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Roth Capital upgraded shares of O’Reilly Automotive to a “strong-buy” rating in a research note on Tuesday, October 15th. Finally, Roth Mkm restated a “buy” rating and issued a $1,337.00 price objective on shares of O’Reilly Automotive in a research note on Wednesday, October 16th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,242.13.

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.