First Hawaiian Bank Has $3.57 Million Stock Holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

First Hawaiian Bank trimmed its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,162 shares of the specialty retailer’s stock after selling 107 shares during the quarter. First Hawaiian Bank’s holdings in O’Reilly Automotive were worth $3,570,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Washington Trust Advisors Inc. increased its position in O’Reilly Automotive by 31.0% in the 4th quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock valued at $52,000 after acquiring an additional 13 shares during the period. Financial Management Professionals Inc. increased its position in O’Reilly Automotive by 29.5% in the 4th quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after acquiring an additional 13 shares during the period. First Financial Corp IN boosted its stake in shares of O’Reilly Automotive by 38.6% in the 4th quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock valued at $58,000 after purchasing an additional 17 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC boosted its stake in shares of O’Reilly Automotive by 81.1% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer’s stock valued at $63,000 after purchasing an additional 30 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its stake in shares of O’Reilly Automotive by 28.6% in the 4th quarter. Venturi Wealth Management LLC now owns 81 shares of the specialty retailer’s stock valued at $77,000 after purchasing an additional 18 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors and hedge funds.

O’Reilly Automotive Price Performance

Shares of ORLY stock opened at $1,056.65 on Thursday. The firm has a 50-day moving average of $1,019.76 and a 200-day moving average of $1,029.12. The company has a market cap of $62.23 billion, a P/E ratio of 26.82, a P/E/G ratio of 1.94 and a beta of 0.89. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $8.28 earnings per share. As a group, research analysts expect that O’Reilly Automotive, Inc. will post 41.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on ORLY shares. Wells Fargo & Company reduced their price objective on shares of O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating on the stock in a research note on Thursday, April 25th. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Truist Financial reduced their price objective on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a research note on Friday, April 26th. Wedbush reaffirmed a “neutral” rating and issued a $1,100.00 price objective on shares of O’Reilly Automotive in a research note on Thursday, April 25th. Finally, Evercore ISI upped their price objective on shares of O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the company an “outperform” rating in a research note on Tuesday, May 14th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,123.64.

Insider Buying and Selling

In related news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the sale, the chief executive officer now owns 716 shares in the company, valued at $726,740. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Lawrence P. Oreilly sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the completion of the sale, the director now owns 31,613 shares in the company, valued at $30,016,543.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the sale, the chief executive officer now owns 716 shares of the company’s stock, valued at approximately $726,740. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

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.