National Pension Service increased its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 5.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 133,963 shares of the specialty retailer's stock after purchasing an additional 6,797 shares during the quarter. National Pension Service owned approximately 0.23% of O'Reilly Automotive worth $191,913,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the business. Carolinas Wealth Consulting LLC lifted its stake in O'Reilly Automotive by 14.3% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock worth $76,000 after purchasing an additional 8 shares in the last quarter. Marcum Wealth LLC lifted its stake in O'Reilly Automotive by 4.0% in the 1st quarter. Marcum Wealth LLC now owns 210 shares of the specialty retailer's stock worth $301,000 after purchasing an additional 8 shares in the last quarter. Adero Partners LLC lifted its stake in O'Reilly Automotive by 1.9% in the 1st quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock worth $609,000 after purchasing an additional 8 shares in the last quarter. Avior Wealth Management LLC lifted its stake in O'Reilly Automotive by 3.5% in the 1st quarter. Avior Wealth Management LLC now owns 239 shares of the specialty retailer's stock worth $342,000 after purchasing an additional 8 shares in the last quarter. Finally, Lindbrook Capital LLC lifted its stake in O'Reilly Automotive by 2.6% in the 1st quarter. Lindbrook Capital LLC now owns 313 shares of the specialty retailer's stock worth $448,000 after purchasing an additional 8 shares in the last quarter. Institutional investors own 85.00% of the company's stock.
Insiders Place Their Bets
In other news, Director John Raymond Murphy sold 3,000 shares of the firm's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $91.93, for a total value of $275,800.00. Following the transaction, the director owned 4,560 shares in the company, valued at $419,216. This trade represents a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Shari Lynne Reaves sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $103.81, for a total value of $207,620.00. Following the completion of the transaction, the senior vice president owned 12,826 shares in the company, valued at approximately $1,331,467.06. This trade represents a 13.49% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 158,920 shares of company stock valued at $15,763,302. 1.01% of the stock is owned by corporate insiders.
O'Reilly Automotive Stock Up 0.0%
Shares of ORLY traded up $0.04 during mid-day trading on Friday, reaching $101.54. The company had a trading volume of 4,280,227 shares, compared to its average volume of 5,051,666. O'Reilly Automotive, Inc. has a 52-week low of $73.11 and a 52-week high of $104.86. The stock has a market capitalization of $86.16 billion, a P/E ratio of 36.30, a PEG ratio of 2.68 and a beta of 0.56. The stock has a 50 day moving average of $94.27 and a two-hundred day moving average of $91.80.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.78 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.78. The company had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.54 billion. O'Reilly Automotive had a negative return on equity of 181.53% and a net margin of 14.15%. O'Reilly Automotive's revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $10.55 earnings per share. On average, sell-side analysts expect that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on ORLY shares. Morgan Stanley reiterated an "overweight" rating on shares of O'Reilly Automotive in a research report on Thursday, April 24th. DA Davidson upped their target price on shares of O'Reilly Automotive from $107.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. JPMorgan Chase & Co. upped their target price on shares of O'Reilly Automotive from $101.00 to $113.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. BMO Capital Markets upped their target price on shares of O'Reilly Automotive from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Finally, Evercore ISI upped their target price on shares of O'Reilly Automotive from $108.00 to $110.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 12th. Two investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, O'Reilly Automotive presently has an average rating of "Buy" and a consensus target price of $103.38.
Read Our Latest Stock Analysis on ORLY
O'Reilly Automotive Profile
(
Free Report)
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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