Mogy Joel R Investment Counsel Inc. Has $15.26 Million Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Mogy Joel R Investment Counsel Inc. boosted its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 28.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 13,255 shares of the specialty retailer’s stock after purchasing an additional 2,905 shares during the quarter. O’Reilly Automotive accounts for 0.9% of Mogy Joel R Investment Counsel Inc.’s investment portfolio, making the stock its 29th biggest holding. Mogy Joel R Investment Counsel Inc.’s holdings in O’Reilly Automotive were worth $15,264,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in ORLY. Trifecta Capital Advisors LLC lifted its stake in O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock valued at $33,000 after acquiring an additional 23 shares in the last quarter. Indiana Trust & Investment Management CO raised its holdings in shares of O’Reilly Automotive by 325.0% in the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after purchasing an additional 26 shares during the last quarter. Riverview Trust Co bought a new position in shares of O’Reilly Automotive during the first quarter valued at about $41,000. Crewe Advisors LLC purchased a new position in O’Reilly Automotive during the first quarter worth about $43,000. Finally, Kings Path Partners LLC bought a new stake in O’Reilly Automotive in the 2nd quarter worth about $44,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In other news, 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 transaction of $1,751,625.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gregory D. Johnson sold 15,364 shares of the stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $1,136.16, for a total value of $17,455,962.24. Following the completion of the transaction, the director now directly owns 5,016 shares in the company, valued at approximately $5,698,978.56. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 50,411 shares of company stock valued at $56,846,062 in the last 90 days. Insiders own 1.18% of the company’s stock.

Analyst Upgrades and Downgrades

ORLY has been the topic of several recent analyst reports. Bank of America lifted their target price on shares of 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. Truist Financial lifted their price target on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a report on Monday, October 14th. Wells Fargo & Company raised their target price on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Royal Bank of Canada cut their price target on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a report on Friday, July 26th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $1,100.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, July 25th. Three analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,206.87.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $1,210.96 on Friday. The stock’s 50-day simple moving average is $1,142.14 and its 200 day simple moving average is $1,079.15. O’Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,221.05. The stock has a market capitalization of $70.25 billion, a price-to-earnings ratio of 30.48, a price-to-earnings-growth ratio of 2.29 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last released 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 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 company’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $10.22 EPS. On average, research analysts forecast that O’Reilly Automotive, Inc. will post 41.1 earnings per share for the current fiscal year.

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.