Penobscot Investment Management Company Inc. Acquires Shares of 265 O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Penobscot Investment Management Company Inc. bought a new position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 265 shares of the specialty retailer’s stock, valued at approximately $252,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. U.S. Capital Wealth Advisors LLC boosted its stake in O’Reilly Automotive by 14.5% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 252 shares of the specialty retailer’s stock worth $229,000 after acquiring an additional 32 shares in the last quarter. Brookstone Capital Management boosted its position in shares of O’Reilly Automotive by 77.6% in the 3rd quarter. Brookstone Capital Management now owns 936 shares of the specialty retailer’s stock worth $841,000 after purchasing an additional 409 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of O’Reilly Automotive by 2.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 10,232 shares of the specialty retailer’s stock worth $9,300,000 after buying an additional 240 shares during the last quarter. SVB Wealth LLC increased its position in O’Reilly Automotive by 2.9% during the 3rd quarter. SVB Wealth LLC now owns 1,613 shares of the specialty retailer’s stock valued at $1,466,000 after buying an additional 45 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in O’Reilly Automotive by 3.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 7,695 shares of the specialty retailer’s stock valued at $6,994,000 after buying an additional 236 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Price Performance

ORLY stock opened at $1,005.11 on Thursday. The company has a market cap of $59.33 billion, a P/E ratio of 25.51, a price-to-earnings-growth ratio of 1.91 and a beta of 0.90. O’Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11. The stock’s fifty day moving average price is $1,095.77 and its 200-day moving average price is $1,018.24.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The business had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $3.99 billion. During the same period last year, the firm posted $8.28 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. As a group, analysts expect that O’Reilly Automotive, Inc. will post 41.92 earnings per share for the current year.

Insider Activity at O’Reilly Automotive

In other news, SVP Jeffrey Alan Lauro sold 431 shares of the company’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the sale, the senior vice president now directly owns 963 shares in the company, valued at approximately $1,000,200.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, SVP Jeffrey Alan Lauro sold 431 shares of O’Reilly Automotive stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the transaction, the senior vice president now directly owns 963 shares of the company’s stock, valued at approximately $1,000,200.69. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John Raymond Murphy sold 269 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the transaction, the director now owns 950 shares of the company’s stock, valued at $987,316. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,968 shares of company stock worth $27,269,333. 1.55% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on ORLY shares. StockNews.com raised O’Reilly Automotive from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Mizuho began coverage on shares of O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price objective on the stock. Truist Financial decreased their target price on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a report on Friday, April 26th. The Goldman Sachs Group raised their price target on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a research report on Friday, February 9th. Finally, UBS Group upped their price objective on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,110.07.

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.