Thompson Siegel & Walmsley LLC Sells 80 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Thompson Siegel & Walmsley LLC reduced its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 997 shares of the specialty retailer’s stock after selling 80 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in O’Reilly Automotive were worth $1,053,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ORLY. Nordea Investment Management AB lifted its position in shares of 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 worth $68,327,000 after purchasing an additional 2,214 shares during the last quarter. Bank Pictet & Cie Asia Ltd. purchased a new position in O’Reilly Automotive in the 2nd quarter worth about $800,000. O Shaughnessy Asset Management LLC lifted its holdings in O’Reilly Automotive by 5.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,814 shares of the specialty retailer’s stock valued at $16,723,000 after buying an additional 701 shares in the last quarter. Perpetual Ltd lifted its holdings in O’Reilly Automotive by 322.6% during the 1st quarter. Perpetual Ltd now owns 1,141 shares of the specialty retailer’s stock valued at $1,289,000 after buying an additional 871 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in O’Reilly Automotive by 656.2% in the 4th quarter. Wellington Management Group LLP now owns 457,625 shares of the specialty retailer’s stock worth $434,780,000 after acquiring an additional 397,108 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ORLY. Wells Fargo & Company boosted their price target on 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. DA Davidson increased their price target on O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Wedbush restated a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research note on Thursday, July 25th. UBS Group lowered their price objective 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. Finally, Bank of America raised their target price on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,144.06.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Gregory L. Henslee sold 18,264 shares of the company’s stock in a transaction that occurred on 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 approximately $15,049,409.85. The disclosure for this sale can be found here. In the last quarter, insiders have sold 50,411 shares of company stock valued at $56,846,062. Insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $1,130.72 on Tuesday. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The business has a fifty day moving average price of $1,103.88 and a 200-day moving average price of $1,071.20. The stock has a market capitalization of $65.59 billion, a price-to-earnings ratio of 28.70, a PEG ratio of 2.13 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 analysts’ consensus estimates of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The business had revenue of $4.27 billion for the quarter, compared to analysts’ expectations of $4.32 billion. During the same quarter in the previous year, the firm posted $10.22 EPS. O’Reilly Automotive’s revenue was up 5.0% on a year-over-year basis. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 41.13 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.