Atria Wealth Solutions Inc. Lowers Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Atria Wealth Solutions Inc. lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 6.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,147 shares of the specialty retailer’s stock after selling 143 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in O’Reilly Automotive were worth $2,040,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Jennison Associates LLC lifted its position in O’Reilly Automotive by 7.6% during the fourth quarter. Jennison Associates LLC now owns 947,484 shares of the specialty retailer’s stock worth $900,186,000 after buying an additional 66,629 shares during the period. Invesco Ltd. increased its position in O’Reilly Automotive by 3.7% during the third quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer’s stock worth $807,168,000 after purchasing an additional 31,487 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of O’Reilly Automotive by 3.5% in the 3rd quarter. Northern Trust Corp now owns 683,547 shares of the specialty retailer’s stock valued at $621,249,000 after purchasing an additional 23,016 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of O’Reilly Automotive by 89,319.3% during the 4th quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock valued at $621,025,000 after buying an additional 652,924 shares during the period. Finally, Winslow Capital Management LLC boosted its holdings in O’Reilly Automotive by 14.7% in the third quarter. Winslow Capital Management LLC now owns 302,615 shares of the specialty retailer’s stock valued at $275,035,000 after acquiring an additional 38,762 shares during the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Activity at O’Reilly Automotive

In other O’Reilly Automotive news, Director John Raymond Murphy sold 269 shares of the stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the sale, the director now directly owns 950 shares of the company’s stock, valued at $987,316. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director John Raymond Murphy sold 269 shares of the business’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the completion of the sale, the director now owns 950 shares of the company’s stock, valued at approximately $987,316. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman David E. Oreilly sold 10,000 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the completion of the transaction, the chairman now directly owns 216,539 shares in the company, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,968 shares of company stock valued at $27,269,333. Corporate insiders own 1.18% of the company’s stock.

O’Reilly Automotive Stock Performance

ORLY opened at $1,037.04 on Tuesday. The company has a market capitalization of $61.22 billion, a P/E ratio of 26.32, a PEG ratio of 1.91 and a beta of 0.86. The company has a 50-day moving average of $1,096.92 and a 200-day moving average of $1,017.73. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, beating 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 firm had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.99 billion. During the same period in the previous year, the company earned $8.28 earnings per share. O’Reilly Automotive’s quarterly revenue was up 7.2% on a year-over-year basis. As a group, sell-side analysts expect that O’Reilly Automotive, Inc. will post 41.79 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ORLY. Evercore ISI reduced their price objective on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research note on Friday. Wells Fargo & Company reduced their price target on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research report on Thursday, April 25th. The Goldman Sachs Group increased their price objective on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Barclays lifted their target price on shares of O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. Finally, Wedbush reiterated a “neutral” rating and issued a $1,100.00 price target on shares of O’Reilly Automotive in a report on Thursday, April 25th. Three investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,110.07.

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, 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.