O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Beese Fulmer Investment Management Inc.

Beese Fulmer Investment Management Inc. lowered its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,739 shares of the specialty retailer’s stock after selling 485 shares during the period. O’Reilly Automotive makes up 2.2% of Beese Fulmer Investment Management Inc.’s portfolio, making the stock its 5th biggest position. Beese Fulmer Investment Management Inc.’s holdings in O’Reilly Automotive were worth $20,767,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ORLY. Cibc World Market Inc. increased its position in shares of O’Reilly Automotive by 305.4% in the first quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer’s stock worth $2,213,000 after acquiring an additional 2,434 shares in the last quarter. Sei Investments Co. grew its holdings in O’Reilly Automotive by 51.3% during the 1st quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer’s stock valued at $10,894,000 after purchasing an additional 5,376 shares in the last quarter. Prudential PLC acquired a new stake in O’Reilly Automotive during the 1st quarter valued at $1,847,000. Cetera Investment Advisers grew its holdings in O’Reilly Automotive by 48.9% during the 1st quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer’s stock valued at $1,343,000 after purchasing an additional 644 shares in the last quarter. Finally, Moors & Cabot Inc. grew its holdings in O’Reilly Automotive by 11.4% during the 1st quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer’s stock valued at $262,000 after purchasing an additional 39 shares in the last quarter. Institutional investors and hedge funds own 82.92% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ORLY shares. StockNews.com started coverage on shares of O’Reilly Automotive in a report on Thursday, August 17th. They set a “buy” rating for the company. Truist Financial raised their price target on shares of O’Reilly Automotive from $992.00 to $1,038.00 in a report on Wednesday, July 12th. Barclays raised their price target on shares of O’Reilly Automotive from $868.00 to $954.00 in a report on Friday, July 28th. Citigroup increased their price objective on shares of O’Reilly Automotive from $916.00 to $983.00 in a research note on Monday, July 17th. Finally, Royal Bank of Canada increased their price objective on shares of O’Reilly Automotive from $975.00 to $988.00 and gave the company an “outperform” rating in a research note on Friday, July 28th. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $971.40.

O’Reilly Automotive Stock Performance

Shares of O’Reilly Automotive stock traded down $10.47 during trading hours on Friday, reaching $930.21. The company’s stock had a trading volume of 573,076 shares, compared to its average volume of 331,626. The company’s 50 day simple moving average is $943.90 and its 200 day simple moving average is $911.58. O’Reilly Automotive, Inc. has a one year low of $680.00 and a one year high of $975.72. The stock has a market cap of $56.05 billion, a P/E ratio of 25.81, a price-to-earnings-growth ratio of 1.87 and a beta of 0.85.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Thursday, July 27th. The specialty retailer reported $10.22 earnings per share for the quarter, beating the consensus estimate of $10.05 by $0.17. The firm had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $4.01 billion. O’Reilly Automotive had a net margin of 14.84% and a negative return on equity of 163.68%. O’Reilly Automotive’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the firm posted $8.78 EPS. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 37.61 earnings per share for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Wild Tamara F. De sold 549 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $955.50, for a total transaction of $524,569.50. Following the transaction, the senior vice president now owns 349 shares of the company’s stock, valued at approximately $333,469.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other O’Reilly Automotive news, Director Andrea Weiss sold 200 shares of the firm’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $931.34, for a total transaction of $186,268.00. Following the transaction, the director now owns 1,127 shares of the company’s stock, valued at approximately $1,049,620.18. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Wild Tamara F. De sold 549 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $955.50, for a total transaction of $524,569.50. Following the transaction, the senior vice president now directly owns 349 shares in the company, valued at approximately $333,469.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,241 shares of company stock valued at $22,733,544. Company insiders own 1.55% of the company’s stock.

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 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.