Bath Savings Trust Co Has $2.94 Million Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Bath Savings Trust Co raised its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 1.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,077 shares of the specialty retailer’s stock after purchasing an additional 31 shares during the period. Bath Savings Trust Co’s holdings in O’Reilly Automotive were worth $2,939,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in ORLY. Cibc World Market Inc. lifted its position in O’Reilly Automotive by 305.4% during the 1st quarter. Cibc World Market Inc. now owns 3,231 shares of the specialty retailer’s stock valued at $2,213,000 after purchasing an additional 2,434 shares during the period. Sei Investments Co. increased its stake in shares of O’Reilly Automotive by 51.3% in the 1st quarter. Sei Investments Co. now owns 15,850 shares of the specialty retailer’s stock valued at $10,894,000 after acquiring an additional 5,376 shares during the last quarter. Prudential PLC bought a new stake in shares of O’Reilly Automotive in the 1st quarter valued at about $1,847,000. Cetera Investment Advisers increased its stake in shares of O’Reilly Automotive by 48.9% in the 1st quarter. Cetera Investment Advisers now owns 1,960 shares of the specialty retailer’s stock valued at $1,343,000 after acquiring an additional 644 shares during the last quarter. Finally, Moors & Cabot Inc. increased its stake in shares of O’Reilly Automotive by 11.4% in the 1st quarter. Moors & Cabot Inc. now owns 382 shares of the specialty retailer’s stock valued at $262,000 after acquiring an additional 39 shares during the last quarter. 82.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on ORLY shares. StockNews.com started coverage on O’Reilly Automotive in a research note on Thursday, August 17th. They issued a “buy” rating for the company. Wedbush increased their target price on O’Reilly Automotive from $920.00 to $940.00 and gave the stock a “neutral” rating in a research note on Thursday, July 27th. Wells Fargo & Company increased their target price on O’Reilly Automotive from $985.00 to $1,075.00 in a research note on Thursday, July 20th. Citigroup upped their price target on O’Reilly Automotive from $916.00 to $983.00 in a research report on Monday, July 17th. Finally, Evercore ISI upped their price target on O’Reilly Automotive from $990.00 to $1,010.00 and gave the stock an “outperform” rating in a research report on Friday, September 8th. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $971.40.

O’Reilly Automotive Stock Up 1.1 %

Shares of ORLY stock traded up $9.85 during mid-day trading on Monday, reaching $940.06. 135,468 shares of the stock traded hands, compared to its average volume of 425,575. The stock’s fifty day simple moving average is $943.90 and its two-hundred day simple moving average is $912.20. O’Reilly Automotive, Inc. has a 1-year low of $680.00 and a 1-year high of $975.72. The company has a market cap of $56.65 billion, a price-to-earnings 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 announced its quarterly earnings results on Thursday, July 27th. The specialty retailer reported $10.22 EPS for the quarter, beating analysts’ consensus estimates of $10.05 by $0.17. O’Reilly Automotive had a negative return on equity of 163.68% and a net margin of 14.84%. The firm had revenue of $4.07 billion for the quarter, compared to analyst estimates of $4.01 billion. During the same period last year, the firm posted $8.78 earnings per share. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 37.61 EPS for the current fiscal year.

Insider Activity

In related news, Director Andrea Weiss sold 200 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $931.34, for a total value of $186,268.00. Following the transaction, the director now directly owns 1,127 shares of the company’s stock, valued at $1,049,620.18. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 1,060 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $945.57, for a total value of $1,002,304.20. Following the completion of the sale, the director now directly owns 157,764 shares in the company, valued at $149,176,905.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Andrea Weiss sold 200 shares of O’Reilly Automotive stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $931.34, for a total value of $186,268.00. Following the completion of the sale, the director now owns 1,127 shares of the company’s stock, valued at $1,049,620.18. The disclosure for this sale can be found here. Over the last three months, insiders have sold 24,241 shares of company stock valued at $22,733,544. 1.55% of the stock is currently owned by corporate insiders.

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.