O’Reilly Automotive, Inc. $ORLY Shares Sold by Callan Family Office LLC

Callan Family Office LLC lowered its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 8.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,099 shares of the specialty retailer’s stock after selling 5,727 shares during the period. Callan Family Office LLC’s holdings in O’Reilly Automotive were worth $6,371,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of O’Reilly Automotive by 1,404.9% in the 2nd quarter. Vanguard Group Inc. now owns 78,834,967 shares of the specialty retailer’s stock valued at $7,105,396,000 after purchasing an additional 73,596,571 shares during the last quarter. State Street Corp lifted its position in O’Reilly Automotive by 1,424.2% in the second quarter. State Street Corp now owns 37,179,783 shares of the specialty retailer’s stock valued at $3,351,014,000 after buying an additional 34,740,553 shares during the last quarter. Geode Capital Management LLC increased its position in shares of O’Reilly Automotive by 1,443.1% during the second quarter. Geode Capital Management LLC now owns 23,679,108 shares of the specialty retailer’s stock valued at $2,130,866,000 after acquiring an additional 22,144,563 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of O’Reilly Automotive by 1,317.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 17,651,104 shares of the specialty retailer’s stock valued at $1,590,894,000 after acquiring an additional 16,406,181 shares during the period. Finally, Jennison Associates LLC raised its stake in shares of O’Reilly Automotive by 1,820.9% in the 2nd quarter. Jennison Associates LLC now owns 14,116,976 shares of the specialty retailer’s stock valued at $1,272,363,000 after acquiring an additional 13,382,074 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ORLY. Morgan Stanley set a $110.00 price objective on shares of O’Reilly Automotive and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Robert W. Baird raised O’Reilly Automotive to a “strong-buy” rating in a research note on Thursday, December 4th. The Goldman Sachs Group set a $121.00 price objective on O’Reilly Automotive and gave the company a “buy” rating in a report on Friday, October 24th. Evercore ISI restated an “outperform” rating on shares of O’Reilly Automotive in a report on Friday. Finally, UBS Group reaffirmed a “buy” rating and issued a $120.00 target price (up from $115.00) on shares of O’Reilly Automotive in a research report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, O’Reilly Automotive currently has an average rating of “Buy” and a consensus target price of $111.85.

O’Reilly Automotive Price Performance

Shares of NASDAQ ORLY opened at $98.01 on Tuesday. The company has a market cap of $82.73 billion, a price-to-earnings ratio of 33.95, a price-to-earnings-growth ratio of 2.09 and a beta of 0.62. The stock’s 50-day moving average is $95.47 and its two-hundred day moving average is $99.16. O’Reilly Automotive, Inc. has a 1-year low of $85.55 and a 1-year high of $108.71.

Insider Buying and Selling

In other O’Reilly Automotive news, SVP Philip M. Hopper sold 3,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $101.25, for a total transaction of $354,375.00. Following the completion of the transaction, the senior vice president owned 4,792 shares in the company, valued at $485,190. The trade was a 42.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Christopher Andrew Mancini sold 2,355 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $101.31, for a total value of $238,585.05. Following the transaction, the senior vice president directly owned 28 shares of the company’s stock, valued at approximately $2,836.68. This represents a 98.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.01% of the stock is owned by insiders.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.