Douglass Winthrop Advisors LLC Trims Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Douglass Winthrop Advisors LLC cut its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 450 shares of the specialty retailer’s stock after selling 9 shares during the quarter. Douglass Winthrop Advisors LLC’s holdings in O’Reilly Automotive were worth $518,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ORLY. International Assets Investment Management LLC boosted its holdings in shares of O’Reilly Automotive by 99,957.0% in the 3rd quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer’s stock valued at $984,027,000 after buying an additional 853,633 shares during the period. Mizuho Securities USA LLC lifted its holdings in shares of O’Reilly Automotive by 10,626.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer’s stock worth $5,393,000 after purchasing an additional 482,670 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in O’Reilly Automotive by 28.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer’s stock worth $692,816,000 after buying an additional 133,139 shares during the last quarter. Marshall Wace LLP increased its position in O’Reilly Automotive by 809.8% in the second quarter. Marshall Wace LLP now owns 90,978 shares of the specialty retailer’s stock worth $96,078,000 after buying an additional 80,978 shares during the period. Finally, Swedbank AB acquired a new position in shares of O’Reilly Automotive during the first quarter valued at $73,661,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on ORLY. DA Davidson reissued a “buy” rating and set a $1,275.00 target price on shares of O’Reilly Automotive in a research note on Thursday, October 24th. Wells Fargo & Company boosted their price target on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. Bank of America lifted their price objective on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Roth Mkm restated a “buy” rating and set a $1,337.00 price target on shares of O’Reilly Automotive in a research report on Wednesday, October 16th. Finally, Truist Financial increased their price objective on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,242.13.

O’Reilly Automotive Stock Up 0.9 %

NASDAQ:ORLY opened at $1,238.76 on Tuesday. The company’s 50 day moving average is $1,181.53 and its 200-day moving average is $1,103.72. The firm has a market cap of $71.51 billion, a price-to-earnings ratio of 30.65, a P/E/G ratio of 2.49 and a beta of 0.92. O’Reilly Automotive, Inc. has a 12 month low of $914.50 and a 12 month high of $1,255.30.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company earned $10.72 earnings per share. Research analysts predict that O’Reilly Automotive, Inc. will post 40.85 EPS for the current fiscal year.

About O’Reilly Automotive

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.