New York State Common Retirement Fund decreased its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 0.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 88,019 shares of the specialty retailer’s stock after selling 800 shares during the quarter. New York State Common Retirement Fund owned about 0.15% of O’Reilly Automotive worth $104,373,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently modified their holdings of the company. AlphaMark Advisors LLC acquired a new stake in O’Reilly Automotive in the 4th quarter valued at $30,000. Kestra Investment Management LLC purchased a new position in O’Reilly Automotive during the 4th quarter worth $32,000. Darwin Wealth Management LLC purchased a new position in O’Reilly Automotive during the 3rd quarter worth $32,000. MidAtlantic Capital Management Inc. purchased a new position in O’Reilly Automotive during the 3rd quarter worth $37,000. Finally, Princeton Global Asset Management LLC purchased a new position in O’Reilly Automotive during the 3rd quarter worth $41,000. Institutional investors and hedge funds own 85.00% of the company’s stock.
Insider Transactions at O’Reilly Automotive
In related news, Director Maria Sastre sold 248 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the sale, the director now directly owns 971 shares of the company’s stock, valued at $1,278,001.07. This trade represents a 20.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Mark Joseph Merz sold 500 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the sale, the senior vice president now directly owns 275 shares in the company, valued at $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,968 shares of company stock valued at $2,492,394. Insiders own 1.18% of the company’s stock.
O’Reilly Automotive Trading Down 0.0 %
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last released its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 EPS for the quarter, topping analysts’ consensus estimates of $9.73 by $0.23. O’Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. As a group, analysts forecast that O’Reilly Automotive, Inc. will post 44.01 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on ORLY. Morgan Stanley raised shares of O’Reilly Automotive from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $1,150.00 to $1,450.00 in a report on Tuesday, January 21st. UBS Group lifted their price objective on shares of O’Reilly Automotive from $1,400.00 to $1,535.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Wedbush lifted their price objective on shares of O’Reilly Automotive from $1,200.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, February 6th. Royal Bank of Canada lifted their target price on O’Reilly Automotive from $1,416.00 to $1,453.00 and gave the stock an “outperform” rating in a research note on Friday, February 7th. Finally, Guggenheim lifted their target price on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $1,390.81.
View Our Latest Stock Report on ORLY
O’Reilly Automotive 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.
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