XTX Topco Ltd Sells 470 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

XTX Topco Ltd trimmed its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 32.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 967 shares of the specialty retailer’s stock after selling 470 shares during the quarter. XTX Topco Ltd’s holdings in O’Reilly Automotive were worth $1,021,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in ORLY. Gilbert & Cook Inc. increased its stake in O’Reilly Automotive by 7.3% in the fourth quarter. Gilbert & Cook Inc. now owns 1,257 shares of the specialty retailer’s stock valued at $1,194,000 after acquiring an additional 86 shares during the last quarter. Brown Advisory Inc. grew its stake in shares of O’Reilly Automotive by 4.6% during the fourth quarter. Brown Advisory Inc. now owns 1,538 shares of the specialty retailer’s stock worth $1,461,000 after buying an additional 67 shares during the last quarter. Clearbridge Investments LLC bought a new stake in shares of O’Reilly Automotive during the fourth quarter worth $498,000. D.A. Davidson & CO. grew its stake in shares of O’Reilly Automotive by 11.3% during the fourth quarter. D.A. Davidson & CO. now owns 2,621 shares of the specialty retailer’s stock worth $2,490,000 after buying an additional 266 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of O’Reilly Automotive by 5.4% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 8,107 shares of the specialty retailer’s stock worth $7,702,000 after buying an additional 412 shares during the last quarter. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Stock Down 0.6 %

ORLY stock opened at $1,109.05 on Friday. O’Reilly Automotive, Inc. has a 12-month low of $860.10 and a 12-month high of $1,169.11. The firm has a market cap of $64.34 billion, a price-to-earnings ratio of 28.15, a PEG ratio of 2.15 and a beta of 0.92. The company’s fifty day simple moving average is $1,111.26 and its 200 day simple moving average is $1,072.40.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings results 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). O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The company had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.32 billion. During the same period last year, the firm posted $10.22 earnings per share. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. Research analysts expect that O’Reilly Automotive, Inc. will post 41.13 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on ORLY shares. UBS Group decreased their target price on shares of 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. Evercore ISI boosted their target price on shares of O’Reilly Automotive from $1,215.00 to $1,230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. DA Davidson lifted their price target on shares of O’Reilly Automotive from $1,200.00 to $1,275.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Bank of America lifted their price target on shares of O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Finally, Truist Financial lifted their price target on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,144.06.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, SVP Mark Joseph Merz sold 413 shares of O’Reilly Automotive stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $1,120.00, for a total value of $462,560.00. Following the completion of the sale, the senior vice president now directly owns 265 shares of the company’s stock, valued at $296,800. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, Chairman Gregory L. Henslee sold 18,264 shares of the business’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total transaction of $20,593,573.20. Following the completion of the sale, the chairman now directly owns 13,347 shares of the company’s stock, valued at $15,049,409.85. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Mark Joseph Merz sold 413 shares of the business’s stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $1,120.00, for a total transaction of $462,560.00. Following the sale, the senior vice president now directly owns 265 shares of the company’s stock, valued at $296,800. The disclosure for this sale can be found here. Over 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 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.