M&T Bank Corp Has $25.81 Million Stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

M&T Bank Corp lowered its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 23.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 27,161 shares of the specialty retailer's stock after selling 8,288 shares during the quarter. M&T Bank Corp's holdings in O'Reilly Automotive were worth $25,805,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ORLY. Brookstone Capital Management boosted its holdings in O'Reilly Automotive by 77.6% during the 3rd quarter. Brookstone Capital Management now owns 936 shares of the specialty retailer's stock valued at $841,000 after acquiring an additional 409 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of O'Reilly Automotive by 2.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 10,232 shares of the specialty retailer's stock worth $9,300,000 after buying an additional 240 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of O'Reilly Automotive by 3.2% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 7,695 shares of the specialty retailer's stock worth $6,994,000 after buying an additional 236 shares during the period. Stratos Wealth Advisors LLC lifted its holdings in shares of O'Reilly Automotive by 1.4% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 861 shares of the specialty retailer's stock worth $783,000 after buying an additional 12 shares during the period. Finally, Independent Advisor Alliance lifted its holdings in shares of O'Reilly Automotive by 1.1% in the 3rd quarter. Independent Advisor Alliance now owns 1,601 shares of the specialty retailer's stock worth $1,455,000 after buying an additional 17 shares during the period. Hedge funds and other institutional investors own 85.00% of the company's stock.

O'Reilly Automotive Stock Up 0.7 %

Shares of O'Reilly Automotive stock traded up $6.72 during trading hours on Friday, reaching $1,012.95. 417,973 shares of the company's stock were exchanged, compared to its average volume of 381,716. The business has a fifty day moving average of $1,093.90 and a two-hundred day moving average of $1,018.63. The company has a market capitalization of $59.79 billion, a P/E ratio of 25.71, a price-to-earnings-growth ratio of 1.89 and a beta of 0.90. O'Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.18 by $0.02. O'Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The company had revenue of $3.98 billion during the quarter, compared to analysts' expectations of $3.99 billion. During the same quarter in the prior year, the company earned $8.28 EPS. O'Reilly Automotive's revenue was up 7.2% compared to the same quarter last year. As a group, research analysts predict that O'Reilly Automotive, Inc. will post 41.92 EPS for the current year.

Insider Activity at O'Reilly Automotive

In other news, Director John Raymond Murphy sold 269 shares of the business's stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total transaction of $279,566.32. Following the transaction, the director now owns 950 shares of the company's stock, valued at approximately $987,316. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, Director John Raymond Murphy sold 269 shares of the business's stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,039.28, for a total value of $279,566.32. Following the sale, the director now directly owns 950 shares in the company, valued at approximately $987,316. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Jeffrey Alan Lauro sold 431 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total transaction of $447,649.53. Following the transaction, the senior vice president now directly owns 963 shares of the company's stock, valued at approximately $1,000,200.69. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,968 shares of company stock valued at $27,269,333. 1.55% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ORLY shares. UBS Group upped their target price on O'Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a "buy" rating in a report on Wednesday, April 17th. StockNews.com cut O'Reilly Automotive from a "buy" rating to a "hold" rating in a report on Friday. Evercore ISI lowered their target price on O'Reilly Automotive from $1,220.00 to $1,200.00 and set an "outperform" rating for the company in a report on Friday, April 26th. The Goldman Sachs Group upped their price objective on O'Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a "buy" rating in a research note on Friday, February 9th. Finally, Truist Financial dropped their price target on 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. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $1,110.07.

O'Reilly Automotive Company 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.