Machina Capital S.A.S. Sells 19,998 Shares of O’Reilly Automotive, Inc. $ORLY

Machina Capital S.A.S. lessened its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 43.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,592 shares of the specialty retailer’s stock after selling 19,998 shares during the quarter. Machina Capital S.A.S.’s holdings in O’Reilly Automotive were worth $2,186,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ORLY. Kelleher Financial Advisors purchased a new position in O’Reilly Automotive during the 2nd quarter valued at about $28,000. Fiduciary Financial Advisors acquired a new position in O’Reilly Automotive in the 2nd quarter valued at about $28,000. Bell Investment Advisors Inc acquired a new position in O’Reilly Automotive in the 2nd quarter valued at about $29,000. MidFirst Bank purchased a new stake in O’Reilly Automotive during the second quarter worth about $34,000. Finally, Mowery & Schoenfeld Wealth Management LLC purchased a new stake in O’Reilly Automotive during the second quarter worth about $36,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on ORLY shares. Citigroup reissued a “buy” rating and issued a $106.00 price objective (up from $104.00) on shares of O’Reilly Automotive in a research note on Monday, August 3rd. DA Davidson restated a “buy” rating and issued a $106.00 price objective on shares of O’Reilly Automotive in a report on Wednesday, September 16th. Sanford C. Bernstein started coverage on shares of O’Reilly Automotive in a research note on Tuesday, September 29th. They set a “market perform” rating and a $94.00 target price on the stock. Wells Fargo & Company upped their target price on shares of O’Reilly Automotive from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, October 29th. Finally, Robert W. Baird set a $100.00 price target on shares of O’Reilly Automotive and gave the company a “neutral” rating in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $108.00.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $91.56 on Friday. The stock’s 50-day moving average is $87.52 and its two-hundred day moving average is $90.26. O’Reilly Automotive, Inc. has a 1-year low of $82.59 and a 1-year high of $102.46. The company has a market cap of $73.44 billion, a price-to-earnings ratio of 28.09, a price-to-earnings-growth ratio of 2.15 and a beta of 0.55.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, October 28th. The specialty retailer reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. O’Reilly Automotive had a negative return on equity of 188.24% and a net margin of 14.27%. The business had revenue of $5.12 billion during the quarter, compared to analysts’ expectations of $5.02 billion. During the same quarter last year, the business posted $0.85 EPS. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. Equities research analysts anticipate that O’Reilly Automotive, Inc. will post 3.31 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Larry Gray sold 7,750 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $90.22, for a total value of $699,205.00. Following the completion of the transaction, the senior vice president owned 4,971 shares in the company, valued at $448,483.62. The trade was a 60.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas Hendrickson sold 1,000 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $87.83, for a total transaction of $87,830.00. Following the completion of the sale, the director directly owned 18,675 shares in the company, valued at approximately $1,640,225.25. This represents a 5.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 148,655 shares of company stock worth $13,623,283 in the last ninety days. 0.77% of the stock is owned by insiders.

About O’Reilly Automotive

O’Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools and accessories. Its products serve both do-it-yourself customers maintaining their own vehicles and professional repair shops. The company also offers services such as battery testing, check-engine-light code reading and parts installation assistance. Its operations include retail stores and distribution centers that support customers and professional service providers. Founded in 1957 by Charles F. O’Reilly and his son Charles H. O’Reilly, the company opened its first store in Springfield, Missouri.