Donaldson Capital Management LLC Sells 8,169 Shares of O’Reilly Automotive, Inc. $ORLY

Donaldson Capital Management LLC trimmed its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 8.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 84,582 shares of the specialty retailer’s stock after selling 8,169 shares during the quarter. Donaldson Capital Management LLC’s holdings in O’Reilly Automotive were worth $9,119,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sivia Capital Partners LLC increased its stake in O’Reilly Automotive by 1,190.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,536 shares of the specialty retailer’s stock valued at $319,000 after purchasing an additional 3,262 shares in the last quarter. Naples Global Advisors LLC increased its position in shares of O’Reilly Automotive by 1,302.0% during the second quarter. Naples Global Advisors LLC now owns 4,290 shares of the specialty retailer’s stock valued at $387,000 after acquiring an additional 3,984 shares in the last quarter. Patriot Financial Group Insurance Agency LLC purchased a new position in O’Reilly Automotive in the 2nd quarter worth approximately $205,000. Mirae Asset Global Investments Co. Ltd. lifted its position in O’Reilly Automotive by 1,487.0% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 339,334 shares of the specialty retailer’s stock valued at $30,584,000 after acquiring an additional 317,952 shares in the last quarter. Finally, Triad Wealth Partners LLC boosted its stake in O’Reilly Automotive by 1,510.2% during the 2nd quarter. Triad Wealth Partners LLC now owns 5,040 shares of the specialty retailer’s stock valued at $454,000 after purchasing an additional 4,727 shares during the last quarter. 85.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Christopher Andrew Mancini sold 2,355 shares of the firm’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 owned 28 shares of the company’s stock, valued at $2,836.68. This trade represents a 98.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Raymond Murphy sold 3,125 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $92.60, for a total value of $289,375.00. Following the transaction, the director owned 8,125 shares of the company’s stock, valued at approximately $752,375. This trade represents a 27.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 8,980 shares of company stock worth $882,335 over the last quarter. 1.01% of the stock is currently owned by corporate insiders.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $98.41 on Friday. O’Reilly Automotive, Inc. has a one year low of $85.55 and a one year high of $108.71. The business has a fifty day moving average price of $95.49 and a 200-day moving average price of $99.06. The firm has a market capitalization of $83.07 billion, a price-to-earnings ratio of 34.09, a price-to-earnings-growth ratio of 2.10 and a beta of 0.63.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ORLY. Wells Fargo & Company set a $115.00 price target on O’Reilly Automotive and gave the company an “overweight” rating in a report on Wednesday, October 15th. Royal Bank Of Canada reissued an “outperform” rating and issued a $111.00 target price (up previously from $110.00) on shares of O’Reilly Automotive in a research report on Friday. Wolfe Research raised shares of O’Reilly Automotive from a “hold” rating to a “strong-buy” rating in a report on Monday, December 22nd. UBS Group reissued a “buy” rating and set a $120.00 price objective (up from $115.00) on shares of O’Reilly Automotive in a report on Wednesday, October 15th. Finally, Truist Financial set a $109.00 price objective on shares of O’Reilly Automotive in a research report on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $111.85.

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.