Cullen Investment Group LTD. Sells 100 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Cullen Investment Group LTD. trimmed its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 7.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,167 shares of the specialty retailer’s stock after selling 100 shares during the period. Cullen Investment Group LTD.’s holdings in O’Reilly Automotive were worth $1,344,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in O’Reilly Automotive by 1.5% during the first quarter. Vanguard Group Inc. now owns 5,084,209 shares of the specialty retailer’s stock valued at $5,739,462,000 after purchasing an additional 75,837 shares during the period. Principal Financial Group Inc. grew its holdings in O’Reilly Automotive by 3.2% during the second quarter. Principal Financial Group Inc. now owns 1,850,655 shares of the specialty retailer’s stock valued at $1,954,404,000 after purchasing an additional 57,194 shares during the period. Bank of New York Mellon Corp grew its holdings in O’Reilly Automotive by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 1,425,724 shares of the specialty retailer’s stock valued at $1,505,649,000 after purchasing an additional 19,211 shares during the period. JPMorgan Chase & Co. grew its holdings in O’Reilly Automotive by 56.2% during the first quarter. JPMorgan Chase & Co. now owns 1,045,512 shares of the specialty retailer’s stock valued at $1,180,259,000 after purchasing an additional 376,167 shares during the period. Finally, Legal & General Group Plc lifted its position in shares of O’Reilly Automotive by 5.2% during the second quarter. Legal & General Group Plc now owns 496,779 shares of the specialty retailer’s stock worth $524,629,000 after acquiring an additional 24,767 shares in the last quarter. 85.00% of the stock is owned by institutional investors.

O’Reilly Automotive Stock Performance

ORLY traded up $5.59 during trading on Friday, reaching $1,154.90. The stock had a trading volume of 257,240 shares, compared to its average volume of 382,126. The stock has a market cap of $68.02 billion, a PE ratio of 29.31, a PEG ratio of 2.18 and a beta of 0.92. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11. The business has a 50-day moving average of $1,129.45 and a 200-day moving average of $1,075.99.

O’Reilly Automotive (NASDAQ:ORLY) last released its earnings results 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 firm had revenue of $4.27 billion during the quarter, compared to the consensus estimate of $4.32 billion. O’Reilly Automotive had a net margin of 14.57% and a negative return on equity of 146.57%. The firm’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the company earned $10.22 EPS. Equities research analysts forecast that O’Reilly Automotive, Inc. will post 41.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ORLY has been the topic of several recent research reports. Wedbush restated a “neutral” rating and set a $1,100.00 target price on shares of O’Reilly Automotive in a research report on Thursday, July 25th. Royal Bank of Canada dropped their target price on O’Reilly Automotive from $1,124.00 to $1,115.00 and set an “outperform” rating on the stock in a research report on Friday, July 26th. Wells Fargo & Company increased their target price on O’Reilly Automotive from $1,200.00 to $1,250.00 and gave the stock an “overweight” rating in a research report on Thursday, August 22nd. Truist Financial increased their target price on O’Reilly Automotive from $1,143.00 to $1,204.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Finally, UBS Group dropped their target price on O’Reilly Automotive from $1,275.00 to $1,250.00 and set a “buy” rating on the stock in a research report on Thursday, July 18th. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,144.06.

Insider Activity at O’Reilly Automotive

In other news, Director Gregory D. Johnson sold 15,364 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total transaction of $17,455,962.24. Following the transaction, the director now directly owns 5,016 shares of the company’s stock, valued at approximately $5,698,978.56. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Chairman Gregory L. Henslee sold 18,264 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The stock was 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 of the company’s stock, valued at $15,049,409.85. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gregory D. Johnson sold 15,364 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $1,136.16, for a total value of $17,455,962.24. Following the completion of the sale, the director now directly owns 5,016 shares in the company, valued at $5,698,978.56. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 50,411 shares of company stock valued at $56,846,062 over the last 90 days. 1.55% of the stock is owned by 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.