Benjamin F. Edwards & Company Inc. Purchases 283 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Benjamin F. Edwards & Company Inc. grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 12.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,507 shares of the specialty retailer’s stock after acquiring an additional 283 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in O’Reilly Automotive were worth $2,648,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Rise Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 1st quarter worth approximately $36,000. Indiana Trust & Investment Management CO lifted its position in shares of O’Reilly Automotive by 325.0% during the 1st quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock worth $38,000 after buying an additional 26 shares during the period. Riverview Trust Co bought a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $41,000. Crewe Advisors LLC bought a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $43,000. Finally, LifeSteps Financial Inc. bought a new position in shares of O’Reilly Automotive during the 1st quarter worth approximately $45,000. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on ORLY shares. Royal Bank of Canada cut their target price on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating for the company in a research report on Friday, July 26th. Bank of America raised their target price on 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. Wells Fargo & Company increased their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the stock an “overweight” rating in a report on Thursday, August 22nd. Evercore ISI raised their price objective on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. Finally, Truist Financial upped their target price on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,144.06.

Insiders Place Their Bets

In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total value of $1,751,625.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $1,125.00, for a total transaction of $1,751,625.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Gregory L. Henslee sold 18,264 shares of the stock in a transaction on Tuesday, July 30th. The stock was sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the sale, the chairman now directly owns 13,347 shares of the company’s stock, valued at approximately $15,049,409.85. The disclosure for this sale can be found here. Over the last three months, insiders have sold 50,411 shares of company stock worth $56,846,062. Company insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $1,109.05 on Friday. The company’s 50 day simple moving average is $1,111.26 and its 200 day simple moving average is $1,072.40. O’Reilly Automotive, Inc. has a fifty-two week low of $860.10 and a fifty-two week high of $1,169.11. The firm has a market capitalization of $64.34 billion, a P/E ratio of 28.15, a P/E/G ratio of 2.15 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share for the quarter, missing the consensus estimate of $10.98 by ($0.43). The business had revenue of $4.27 billion during the quarter, compared to analyst estimates of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $10.22 earnings per share. Sell-side analysts expect that O’Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal year.

O’Reilly Automotive Company 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.