O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lessened its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 13.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 27,477 shares of the specialty retailer's stock after selling 4,145 shares during the period. Teacher Retirement System of Texas' holdings in O'Reilly Automotive were worth $39,363,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Carolinas Wealth Consulting LLC lifted its position in shares of O'Reilly Automotive by 14.3% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 64 shares of the specialty retailer's stock valued at $76,000 after acquiring an additional 8 shares in the last quarter. Marcum Wealth LLC raised 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 valued at $301,000 after purchasing an additional 8 shares during the last quarter. Adero Partners LLC lifted its holdings in O'Reilly Automotive by 1.9% in the 1st quarter. Adero Partners LLC now owns 425 shares of the specialty retailer's stock valued at $609,000 after purchasing an additional 8 shares in the last quarter. Avior Wealth Management LLC lifted its holdings 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 valued at $342,000 after purchasing an additional 8 shares in the last quarter. Finally, Alcosta Capital Management Inc. boosted its stake in O'Reilly Automotive by 0.3% during the 4th quarter. Alcosta Capital Management Inc. now owns 3,156 shares of the specialty retailer's stock worth $3,742,000 after purchasing an additional 9 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. UBS Group increased their target price on shares of O'Reilly Automotive from $102.33 to $105.33 and gave the company a "buy" rating in a research report on Thursday, April 24th. Barclays increased their price objective on shares of O'Reilly Automotive from $83.33 to $86.00 and gave the company an "equal weight" rating in a report on Monday, April 28th. DA Davidson boosted 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 reaffirmed an "overweight" rating on shares of O'Reilly Automotive in a report on Thursday, April 24th. Finally, BMO Capital Markets boosted their price objective on O'Reilly Automotive from $96.67 to $100.00 and gave the stock an "outperform" rating in a research note on Friday, April 25th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $94.38.

O'Reilly Automotive Stock Performance

Shares of O'Reilly Automotive stock traded up $1.73 on Friday, reaching $91.05. The company had a trading volume of 3,187,218 shares, compared to its average volume of 5,493,754. The firm's 50 day moving average price is $90.73 and its two-hundred day moving average price is $88.35. O'Reilly Automotive, Inc. has a 52-week low of $67.55 and a 52-week high of $97.22. The firm has a market cap of $77.83 billion, a PE ratio of 33.47, a PEG ratio of 2.43 and a beta of 0.58.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last posted its earnings results 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). O'Reilly Automotive had a net margin of 14.10% and a negative return on equity of 167.25%. The company had revenue of $4.14 billion during the quarter, compared to analyst estimates of $4.18 billion. During the same quarter last year, the business posted $0.61 EPS. The firm's revenue for the quarter was up 4.0% on a year-over-year basis. As a group, sell-side analysts predict that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.

Insider Activity at O'Reilly Automotive

In related news, SVP Ramon Parises Odems sold 30,000 shares of O'Reilly Automotive stock in a transaction that occurred on Friday, May 30th. The shares were 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 owned 240 shares in the company, valued at approximately $21,767.20. The trade was a 99.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Najera Jose A. Montellano sold 285 shares of the company's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $90.13, for a total transaction of $25,686.29. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,285 shares of company stock worth $3,022,386. 1.01% of the stock is currently owned by company insiders.

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.