O’Reilly Automotive, Inc. $ORLY Shares Bought by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. grew its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 21.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 159,240 shares of the specialty retailer’s stock after acquiring an additional 28,367 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in O’Reilly Automotive were worth $16,687,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Oakworth Capital Inc. raised its stake in O’Reilly Automotive by 1,257.1% during the 2nd quarter. Oakworth Capital Inc. now owns 285 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 264 shares during the last quarter. HighMark Wealth Management LLC increased its holdings in shares of O’Reilly Automotive by 1,400.0% in the second quarter. HighMark Wealth Management LLC now owns 300 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 280 shares during the period. Canton Hathaway LLC raised its stake in shares of O’Reilly Automotive by 1,400.0% during the second quarter. Canton Hathaway LLC now owns 300 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 280 shares during the last quarter. ORG Partners LLC raised its stake in shares of O’Reilly Automotive by 839.4% during the second quarter. ORG Partners LLC now owns 310 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 277 shares during the last quarter. Finally, Nemes Rush Group LLC lifted its holdings in shares of O’Reilly Automotive by 1,400.0% during the second quarter. Nemes Rush Group LLC now owns 315 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 294 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $99.23 on Friday. The stock has a fifty day moving average price of $95.42 and a 200 day moving average price of $98.79. The stock has a market cap of $83.76 billion, a PE ratio of 34.38, a P/E/G ratio of 2.11 and a beta of 0.63. O’Reilly Automotive, Inc. has a 1 year low of $82.90 and a 1 year high of $108.71.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.02. The company had revenue of $4.71 billion for the quarter, compared to analyst estimates of $4.69 billion. O’Reilly Automotive had a negative return on equity of 206.86% and a net margin of 14.23%.O’Reilly Automotive’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $11.41 earnings per share. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.

Analysts Set New Price Targets

ORLY has been the topic of several recent research reports. Wells Fargo & Company set a $115.00 price objective on shares of O’Reilly Automotive and gave the company an “overweight” rating in a research note on Wednesday, October 15th. UBS Group restated a “buy” rating and issued a $120.00 price objective (up previously from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Evercore ISI set a $110.00 target price on O’Reilly Automotive and gave the stock an “outperform” rating in a research report on Tuesday, December 16th. Robert W. Baird raised O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. Finally, The Goldman Sachs Group set a $121.00 price target on O’Reilly Automotive and gave the company a “buy” rating in a research note on Friday, October 24th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $111.80.

Insider Activity at O’Reilly Automotive

In other news, Director John Raymond Murphy sold 3,125 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the sale, the director directly owned 8,125 shares in the company, valued at $752,375. This represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Philip M. Hopper sold 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $101.25, for a total transaction of $354,375.00. Following the transaction, the senior vice president directly owned 4,792 shares of the company’s stock, valued at approximately $485,190. This trade represents a 42.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 8,980 shares of company stock valued at $882,335. Insiders own 1.01% of the company’s stock.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.