Hancock Whitney Corp Has $2.03 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Hancock Whitney Corp increased its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,925 shares of the specialty retailer’s stock after acquiring an additional 12 shares during the quarter. Hancock Whitney Corp’s holdings in O’Reilly Automotive were worth $2,033,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ORLY. Rise Advisors LLC bought a new stake in shares of O’Reilly Automotive in the 1st quarter valued at $36,000. Indiana Trust & Investment Management CO grew its holdings in 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 acquiring an additional 26 shares during the period. Riverview Trust Co bought a new position in shares of O’Reilly Automotive in the 1st quarter worth about $41,000. Crewe Advisors LLC acquired a new position in shares of O’Reilly Automotive in the 1st quarter valued at about $43,000. Finally, Kings Path Partners LLC bought a new stake in shares of O’Reilly Automotive during the 2nd quarter valued at about $44,000. 85.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other O’Reilly Automotive news, Director Dana Perlman sold 48 shares of O’Reilly Automotive stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $1,109.76, for a total transaction of $53,268.48. Following the transaction, the director now owns 1,097 shares of the company’s stock, valued at approximately $1,217,406.72. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other O’Reilly Automotive news, SVP Christopher Andrew Mancini sold 1,557 shares of the company’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $1,125.00, for a total value of $1,751,625.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dana Perlman sold 48 shares of O’Reilly Automotive stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $1,109.76, for a total value of $53,268.48. Following the sale, the director now owns 1,097 shares in the company, valued at $1,217,406.72. The disclosure for this sale can be found here. In the last ninety days, insiders sold 50,411 shares of company stock valued at $56,846,062. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Trading Down 0.6 %

Shares of O’Reilly Automotive stock opened at $1,109.05 on Friday. The stock has a fifty day simple moving average of $1,111.26 and a 200 day simple moving average of $1,072.40. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The company has a market capitalization of $64.34 billion, a P/E ratio of 28.15, a price-to-earnings-growth ratio of 2.15 and a beta of 0.92.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, July 24th. The specialty retailer reported $10.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.98 by ($0.43). O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The firm had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.32 billion. During the same quarter in the previous year, the company earned $10.22 EPS. The business’s revenue was up 5.0% compared to the same quarter last year. On average, analysts predict that O’Reilly Automotive, Inc. will post 41.13 EPS for the current year.

Analyst Ratings Changes

ORLY has been the topic of several recent analyst reports. UBS Group dropped their price target on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research note on Thursday, July 18th. Wells Fargo & Company boosted their target price on shares of O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. Royal Bank of Canada cut their target price on shares of O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research note on Friday, July 26th. DA Davidson lifted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the company a “buy” rating in a research note on Friday, July 26th. Finally, Bank of America increased their price objective on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Four research 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 has a consensus rating of “Moderate Buy” and an average price target of $1,144.06.

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.