O’Reilly Automotive, Inc. (NASDAQ:ORLY) Position Increased by Copperwynd Financial LLC

Copperwynd Financial LLC grew its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 18.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,024 shares of the specialty retailer’s stock after buying an additional 317 shares during the quarter. O’Reilly Automotive makes up approximately 0.7% of Copperwynd Financial LLC’s portfolio, making the stock its 25th largest position. Copperwynd Financial LLC’s holdings in O’Reilly Automotive were worth $2,280,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Rise Advisors LLC purchased a new position in O’Reilly Automotive during the 1st quarter worth approximately $36,000. Indiana Trust & Investment Management CO grew its holdings in shares of O’Reilly Automotive by 325.0% during the first quarter. Indiana Trust & Investment Management CO now owns 34 shares of the specialty retailer’s stock valued at $38,000 after buying an additional 26 shares in the last quarter. Riverview Trust Co acquired a new position in O’Reilly Automotive during the first quarter valued at $41,000. Crewe Advisors LLC purchased a new stake in O’Reilly Automotive in the 1st quarter worth about $43,000. Finally, Kings Path Partners LLC acquired a new stake in O’Reilly Automotive during the 2nd quarter worth about $44,000. 85.00% of the stock is owned by hedge funds and other institutional investors.

O’Reilly Automotive Trading Down 1.2 %

Shares of O’Reilly Automotive stock opened at $1,146.03 on Friday. The firm has a fifty day simple moving average of $1,121.20 and a 200-day simple moving average of $1,074.23. The stock has a market capitalization of $66.48 billion, a price-to-earnings ratio of 29.09, a PEG ratio of 2.14 and a beta of 0.92. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $10.55 EPS for the quarter, missing analysts’ consensus estimates of $10.98 by ($0.43). The business had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.32 billion. O’Reilly Automotive had a negative return on equity of 146.57% and a net margin of 14.57%. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $10.22 earnings per share. As a group, research analysts predict 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 recently issued reports on the stock. Royal Bank of Canada reduced their price target on shares of 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. Evercore ISI increased 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 report on Thursday, August 22nd. Truist Financial boosted their price target on shares of O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the company a “buy” rating in a report on Friday, July 26th. DA Davidson increased their price objective on 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. Finally, Bank of America boosted 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. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,144.06.

Insider Activity

In related news, Chairman Gregory L. Henslee sold 18,264 shares of the business’s stock in a transaction on 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 transaction, the chairman now owns 13,347 shares of the company’s stock, valued at $15,049,409.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 18,264 shares of the firm’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $1,127.55, for a total value of $20,593,573.20. Following the sale, the chairman now directly owns 13,347 shares in the company, valued at approximately $15,049,409.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dana Perlman sold 48 shares of the stock in a transaction dated 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 completion of the sale, the director now owns 1,097 shares of the company’s stock, valued at approximately $1,217,406.72. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,411 shares of company stock valued at $56,846,062. 1.55% of the stock is owned by company insiders.

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.