First National Bank of Mount Dora Trust Investment Services Sells 25 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

First National Bank of Mount Dora Trust Investment Services reduced its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,899 shares of the specialty retailer’s stock after selling 25 shares during the quarter. First National Bank of Mount Dora Trust Investment Services’ holdings in O’Reilly Automotive were worth $3,438,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Handelsbanken Fonder AB grew its stake in shares of O’Reilly Automotive by 2.5% during the 3rd quarter. Handelsbanken Fonder AB now owns 29,964 shares of the specialty retailer’s stock valued at $34,507,000 after purchasing an additional 727 shares during the period. Assetmark Inc. lifted its position in shares of O’Reilly Automotive by 20.8% during the 3rd quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after buying an additional 3,193 shares in the last quarter. Marshfield Associates lifted its position in shares of O’Reilly Automotive by 0.6% during the 2nd quarter. Marshfield Associates now owns 302,886 shares of the specialty retailer’s stock valued at $319,866,000 after buying an additional 1,718 shares in the last quarter. CIBC Asset Management Inc lifted its position in shares of O’Reilly Automotive by 4.7% during the 3rd quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock valued at $22,568,000 after buying an additional 882 shares in the last quarter. Finally, Public Sector Pension Investment Board lifted its position in shares of O’Reilly Automotive by 9.5% during the 2nd quarter. Public Sector Pension Investment Board now owns 10,195 shares of the specialty retailer’s stock valued at $10,767,000 after buying an additional 883 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ORLY has been the topic of a number of analyst reports. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research report on Friday, October 25th. Truist Financial lifted their price objective on O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a research report on Friday, October 25th. Wells Fargo & Company lifted their price objective 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. JPMorgan Chase & Co. lifted their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, StockNews.com cut O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Tuesday. Four investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,270.69.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $1,216.79 on Friday. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,283.96. The stock’s 50 day simple moving average is $1,223.74 and its two-hundred day simple moving average is $1,159.48. The company has a market cap of $70.25 billion, a price-to-earnings ratio of 30.10, a PEG ratio of 2.23 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the previous year, the firm earned $10.72 EPS. The business’s revenue was up 3.8% compared to the same quarter last year. As a group, analysts anticipate that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

Insiders Place Their Bets

In other news, SVP Jeffery Thomas Loafman sold 620 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the transaction, the senior vice president now owns 5 shares of the company’s stock, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Andrea Weiss sold 600 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1,224.07, for a total value of $734,442.00. Following the transaction, the director now directly owns 700 shares in the company, valued at approximately $856,849. This represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.18% of the company’s stock.

About O’Reilly Automotive

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.