Robeco Institutional Asset Management B.V. Trims Stock Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Robeco Institutional Asset Management B.V. cut its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 6.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,243 shares of the specialty retailer's stock after selling 6,170 shares during the period. Robeco Institutional Asset Management B.V. owned 0.16% of O'Reilly Automotive worth $129,280,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its position in O'Reilly Automotive by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 5,163,271 shares of the specialty retailer's stock valued at $6,122,607,000 after purchasing an additional 17,325 shares during the last quarter. GAMMA Investing LLC increased its stake in O'Reilly Automotive by 175,115.6% in the first quarter. GAMMA Investing LLC now owns 1,822,242 shares of the specialty retailer's stock valued at $2,610,507,000 after purchasing an additional 1,821,202 shares during the period. FMR LLC raised its holdings in shares of O'Reilly Automotive by 0.8% in the fourth quarter. FMR LLC now owns 1,443,540 shares of the specialty retailer's stock valued at $1,711,750,000 after buying an additional 11,039 shares during the last quarter. Invesco Ltd. raised its holdings in shares of O'Reilly Automotive by 6.2% in the fourth quarter. Invesco Ltd. now owns 799,848 shares of the specialty retailer's stock valued at $948,460,000 after buying an additional 46,979 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of O'Reilly Automotive during the fourth quarter worth about $867,190,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, Director John Raymond Murphy sold 3,000 shares of the firm's stock in a transaction on Monday, May 19th. The stock was sold at an average price of $91.93, for a total transaction of $275,800.00. Following the completion of the transaction, the director now owns 4,560 shares of the company's stock, valued at approximately $419,216. This trade represents a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Ramon Parises Odems sold 30,000 shares of the business's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $90.70, for a total value of $2,720,900.00. Following the completion of the transaction, the senior vice president now directly owns 240 shares of the company's stock, valued at approximately $21,767.20. This trade represents a 99.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 33,285 shares of company stock valued at $3,022,386. Insiders own 1.01% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on ORLY shares. Wells Fargo & Company boosted their price target on O'Reilly Automotive from $95.00 to $103.33 and gave the company an "overweight" rating in a research report on Wednesday, April 16th. Mizuho lifted their target price on O'Reilly Automotive from $93.33 to $96.33 and gave the company an "outperform" rating in a research note on Friday, April 25th. Morgan Stanley reissued an "overweight" rating on shares of O'Reilly Automotive in a report on Thursday, April 24th. DA Davidson increased their price target on O'Reilly Automotive from $101.67 to $106.67 and gave the stock a "buy" rating in a report on Friday, April 25th. Finally, Wall Street Zen upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $94.30.

O'Reilly Automotive Stock Performance

O'Reilly Automotive stock opened at $87.84 on Thursday. The company has a market cap of $75.09 billion, a P/E ratio of 32.29, a price-to-earnings-growth ratio of 2.43 and a beta of 0.60. O'Reilly Automotive, Inc. has a one year low of $67.24 and a one year high of $97.22. The business has a fifty day moving average of $91.00 and a two-hundred day moving average of $88.13.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The specialty retailer reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.04). The firm had revenue of $4.14 billion during the quarter, compared to analysts' expectations of $4.18 billion. O'Reilly Automotive had a net margin of 14.10% and a negative return on equity of 167.25%. The business's revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.61 earnings per share. Sell-side analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

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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