O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. reduced its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,215 shares of the specialty retailer’s stock after selling 771 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in O’Reilly Automotive were worth $25,857,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Barlow Wealth Partners Inc. bought a new stake in shares of O’Reilly Automotive during the fourth quarter valued at about $429,000. Charles Schwab Investment Management Inc. increased its stake in O’Reilly Automotive by 0.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 345,028 shares of the specialty retailer’s stock valued at $327,804,000 after buying an additional 3,136 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in shares of O’Reilly Automotive during the 4th quarter worth about $219,000. Peregrine Asset Advisers Inc. acquired a new stake in shares of O’Reilly Automotive in the 4th quarter worth approximately $3,492,000. Finally, Apollon Wealth Management LLC boosted its holdings in shares of O’Reilly Automotive by 45.0% in the fourth quarter. Apollon Wealth Management LLC now owns 4,040 shares of the specialty retailer’s stock valued at $3,838,000 after acquiring an additional 1,253 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Jeffrey Alan Lauro sold 431 shares of O’Reilly Automotive stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the transaction, the senior vice president now owns 963 shares in the company, valued at $1,000,200.69. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, SVP Jeffrey Alan Lauro sold 431 shares of the firm’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the sale, the senior vice president now directly owns 963 shares in the company, valued at $1,000,200.69. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John Raymond Murphy sold 269 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the completion of the transaction, the director now directly owns 950 shares of the company’s stock, valued at $987,316. The disclosure for this sale can be found here. Insiders sold 32,000 shares of company stock worth $33,391,813 over the last three months. 1.55% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Price Performance

NASDAQ:ORLY traded up $4.62 during trading hours on Tuesday, reaching $1,020.71. The company’s stock had a trading volume of 396,747 shares, compared to its average volume of 377,339. The business’s 50-day moving average is $1,091.76 and its 200-day moving average is $1,021.39. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The company has a market cap of $60.25 billion, a price-to-earnings ratio of 25.91, a price-to-earnings-growth ratio of 1.91 and a beta of 0.90.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, beating the consensus estimate of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The company had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $3.99 billion. During the same period in the prior year, the business earned $8.28 earnings per share. O’Reilly Automotive’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, sell-side analysts predict that O’Reilly Automotive, Inc. will post 41.92 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ORLY shares. Evercore ISI decreased their price target on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating for the company in a research note on Friday, April 26th. UBS Group boosted their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a research report on Wednesday, April 17th. Wells Fargo & Company decreased their price target on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research report on Thursday, April 25th. Truist Financial cut their price objective on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a report on Friday, April 26th. Finally, The Goldman Sachs Group lifted their price objective on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Four research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, O’Reilly Automotive currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,110.07.

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.