Sumitomo Mitsui Trust Group Inc. Has $209.42 Million Stock Holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY)

Sumitomo Mitsui Trust Group Inc. trimmed its position in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 2.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,183 shares of the specialty retailer's stock after selling 4,118 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.26% of O'Reilly Automotive worth $209,419,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HWG Holdings LP acquired a new stake in shares of O'Reilly Automotive in the first quarter valued at approximately $26,000. HighMark Wealth Management LLC grew its holdings in shares of O'Reilly Automotive by 185.7% during the 1st quarter. HighMark Wealth Management LLC now owns 20 shares of the specialty retailer's stock worth $29,000 after purchasing an additional 13 shares in the last quarter. Lee Danner & Bass Inc. acquired a new stake in shares of O'Reilly Automotive during the 4th quarter worth $28,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of O'Reilly Automotive during the 4th quarter worth $31,000. Finally, Piscataqua Savings Bank acquired a new stake in shares of O'Reilly Automotive during the 1st quarter worth $43,000. 85.00% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at O'Reilly Automotive

In related 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 transaction of $275,800.00. Following the completion of the sale, the director now owns 4,560 shares of the company's stock, valued at $419,216. This trade represents a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Ramon Parises Odems sold 30,000 shares of the firm's stock in a transaction that occurred 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 sale, the senior vice president now directly owns 240 shares of the company's stock, valued at $21,767.20. This represents a 99.21% decrease in their position. The disclosure for this sale can be found here. Insiders sold 33,285 shares of company stock worth $3,022,386 over the last ninety days. 1.01% of the stock is owned by insiders.

Analyst Ratings Changes

ORLY has been the topic of several analyst reports. DA Davidson increased their target price on O'Reilly Automotive from $101.67 to $106.67 and gave the stock a "buy" rating in a report on Friday, April 25th. Morgan Stanley reissued an "overweight" rating on shares of O'Reilly Automotive in a report on Thursday, April 24th. Wall Street Zen raised O'Reilly Automotive from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. Barclays increased their target price on O'Reilly Automotive from $83.33 to $86.00 and gave the stock an "equal weight" rating in a report on Monday, April 28th. Finally, UBS Group increased their target price on O'Reilly Automotive from $102.33 to $105.33 and gave the stock a "buy" rating in a report on Thursday, April 24th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, O'Reilly Automotive currently has an average rating of "Buy" and a consensus target price of $94.30.

O'Reilly Automotive Trading Up 1.1%

O'Reilly Automotive stock opened at $89.16 on Friday. The company has a market capitalization of $76.22 billion, a PE ratio of 32.77, a P/E/G ratio of 2.43 and a beta of 0.60. O'Reilly Automotive, Inc. has a 12 month low of $67.24 and a 12 month high of $97.22. The stock has a 50-day moving average price of $90.84 and a two-hundred day moving average price of $88.22.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The specialty retailer reported $0.62 EPS 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 the consensus estimate of $4.18 billion. O'Reilly Automotive had a net margin of 14.10% and a negative return on equity of 167.25%. O'Reilly Automotive's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.61 earnings per share. As a group, analysts predict that O'Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.

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.

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