Mutual of America Capital Management LLC Has $8.23 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Mutual of America Capital Management LLC decreased its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,148 shares of the specialty retailer’s stock after selling 284 shares during the period. Mutual of America Capital Management LLC’s holdings in O’Reilly Automotive were worth $8,232,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Trifecta Capital Advisors LLC raised its stake in O’Reilly Automotive by 383.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares in the last quarter. Princeton Global Asset Management LLC acquired a new stake in O’Reilly Automotive in the 3rd quarter worth about $41,000. Crewe Advisors LLC acquired a new stake in O’Reilly Automotive in the 1st quarter worth about $43,000. Kings Path Partners LLC bought a new position in O’Reilly Automotive in the 2nd quarter valued at about $44,000. Finally, ORG Partners LLC bought a new position in O’Reilly Automotive in the 2nd quarter valued at about $48,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on ORLY. BNP Paribas raised shares of O’Reilly Automotive to a “strong-buy” rating in a report on Friday, October 25th. Truist Financial raised their target price on shares of O’Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a “buy” rating in a report on Friday, October 25th. Wells Fargo & Company raised their target price on shares of O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the company an “overweight” rating in a report on Monday, October 14th. TD Cowen raised their target price on shares of O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a “buy” rating in a report on Friday, October 25th. Finally, DA Davidson reissued a “buy” rating and issued a $1,275.00 target price on shares of O’Reilly Automotive in a report on Thursday, October 24th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus price target of $1,242.13.

Insider Transactions at O’Reilly Automotive

In other news, SVP Christopher Andrew Mancini sold 1,557 shares of the business’s stock in a transaction that occurred 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.55% of the company’s stock.

O’Reilly Automotive Price Performance

ORLY opened at $1,216.67 on Tuesday. O’Reilly Automotive, Inc. has a fifty-two week low of $914.50 and a fifty-two week high of $1,255.30. The firm has a market capitalization of $70.24 billion, a price-to-earnings ratio of 30.10, a PEG ratio of 2.46 and a beta of 0.92. The company’s 50 day moving average price is $1,172.69 and its two-hundred day moving average price is $1,096.96.

O’Reilly Automotive (NASDAQ:ORLY) last posted its earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 earnings per share for the quarter, missing analysts’ consensus estimates of $11.53 by ($0.12). The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.42 billion. O’Reilly Automotive had a negative return on equity of 155.25% and a net margin of 14.52%. The company’s revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $10.72 earnings per share. As a group, equities research analysts predict that O’Reilly Automotive, Inc. will post 40.85 EPS for the current year.

O’Reilly Automotive 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.