O’Reilly Automotive, Inc. $ORLY Shares Sold by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA trimmed its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.5% in the third quarter, Holdings Channel.com reports. The fund owned 204,115 shares of the specialty retailer’s stock after selling 7,415 shares during the period. O’Reilly Automotive makes up approximately 2.4% of Middleton & Co. Inc. MA’s investment portfolio, making the stock its 10th largest position. Middleton & Co. Inc. MA’s holdings in O’Reilly Automotive were worth $22,006,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Coastline Trust Co increased its stake in O’Reilly Automotive by 4.0% during the third quarter. Coastline Trust Co now owns 2,622 shares of the specialty retailer’s stock valued at $283,000 after purchasing an additional 102 shares during the last quarter. IAM Advisory LLC boosted its holdings in shares of O’Reilly Automotive by 1.6% in the 3rd quarter. IAM Advisory LLC now owns 7,312 shares of the specialty retailer’s stock valued at $788,000 after buying an additional 114 shares during the period. Abound Wealth Management grew its position in shares of O’Reilly Automotive by 9.6% during the 3rd quarter. Abound Wealth Management now owns 1,375 shares of the specialty retailer’s stock valued at $148,000 after buying an additional 121 shares during the last quarter. Optas LLC raised its stake in O’Reilly Automotive by 3.6% during the third quarter. Optas LLC now owns 3,735 shares of the specialty retailer’s stock worth $403,000 after acquiring an additional 129 shares during the period. Finally, Hemington Wealth Management lifted its holdings in O’Reilly Automotive by 4.2% in the third quarter. Hemington Wealth Management now owns 3,271 shares of the specialty retailer’s stock worth $352,000 after acquiring an additional 133 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

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 completion of the transaction, the director directly owned 8,125 shares in the company, valued at $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.31, for a total transaction of $238,585.05. Following the transaction, the senior vice president owned 28 shares in the company, valued at $2,836.68. This represents a 98.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,980 shares of company stock worth $882,335 in the last 90 days. Corporate insiders own 1.01% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY stock opened at $95.24 on Wednesday. O’Reilly Automotive, Inc. has a 1 year low of $82.04 and a 1 year high of $108.71. The firm has a market capitalization of $80.39 billion, a PE ratio of 32.99, a price-to-earnings-growth ratio of 2.01 and a beta of 0.63. The stock has a fifty day moving average of $95.39 and a two-hundred day moving average of $98.69.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, October 22nd. The specialty retailer reported $0.85 EPS for the quarter, beating analysts’ consensus estimates 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%.The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company earned $11.41 earnings per share. Equities research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Robert W. Baird set a $115.00 target price on O’Reilly Automotive and gave the company an “outperform” rating in a research note on Wednesday, December 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of O’Reilly Automotive in a research report on Friday, October 31st. Baird R W raised O’Reilly Automotive to a “strong-buy” rating in a research report on Thursday, December 4th. Evercore ISI set a $110.00 target price on O’Reilly Automotive and gave the company an “outperform” rating in a research note on Tuesday, December 16th. Finally, Truist Financial set a $109.00 price target on shares of O’Reilly Automotive in a research report on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $111.80.

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.