O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by PGGM Investments

PGGM Investments lessened its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,507 shares of the specialty retailer's stock after selling 1,568 shares during the period. PGGM Investments' holdings in O'Reilly Automotive were worth $16,633,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC grew its position in shares of O'Reilly Automotive by 89,319.3% during the 4th quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer's stock valued at $621,025,000 after acquiring an additional 652,924 shares during the period. Vaughan Nelson Investment Management L.P. bought a new stake in shares of O'Reilly Automotive during the 3rd quarter valued at $198,365,000. Assenagon Asset Management S.A. lifted its stake in shares of O'Reilly Automotive by 269.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 216,787 shares of the specialty retailer's stock valued at $205,965,000 after buying an additional 158,075 shares in the last quarter. Loomis Sayles & Co. L P lifted its stake in shares of O'Reilly Automotive by 360,914.3% during the 3rd quarter. Loomis Sayles & Co. L P now owns 151,626 shares of the specialty retailer's stock valued at $137,807,000 after buying an additional 151,584 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of O'Reilly Automotive by 47.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 213,648 shares of the specialty retailer's stock valued at $194,176,000 after buying an additional 68,728 shares in the last quarter. Institutional investors own 85.00% of the company's stock.

Insider Buying and Selling at O'Reilly Automotive

In other O'Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of the business's stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the transaction, the executive vice president now directly owns 5,533 shares in the company, valued at approximately $5,884,566.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Doug D. Bragg sold 1,218 shares of the business's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the sale, the executive vice president now directly owns 5,533 shares of the company's stock, valued at approximately $5,884,566.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the business's stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,028.00, for a total transaction of $5,140,000.00. Following the completion of the sale, the chief financial officer now directly owns 2,335 shares in the company, valued at $2,400,380. The disclosure for this sale can be found here. Insiders have sold 25,968 shares of company stock worth $27,269,333 in the last ninety days. 1.55% of the stock is owned by insiders.

O'Reilly Automotive Stock Performance

Shares of ORLY stock traded down $10.20 on Friday, reaching $1,043.93. 335,739 shares of the company were exchanged, compared to its average volume of 330,021. The company has a market cap of $61.62 billion, a price-to-earnings ratio of 26.50, a P/E/G ratio of 1.93 and a beta of 0.86. The business has a 50-day moving average price of $1,097.20 and a 200 day moving average price of $1,016.19. O'Reilly Automotive, Inc. has a 1 year low of $860.10 and a 1 year high of $1,169.11.

O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its earnings results on Wednesday, April 24th. The specialty retailer reported $9.20 EPS for the quarter, topping analysts' consensus estimates of $9.18 by $0.02. The business had revenue of $3.98 billion during the quarter, compared to analysts' expectations of $3.99 billion. O'Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The company's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $8.28 earnings per share. As a group, equities analysts anticipate that O'Reilly Automotive, Inc. will post 41.7 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on ORLY. The Goldman Sachs Group lifted their target price on shares of O'Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a "buy" rating in a research note on Friday, February 9th. StockNews.com upgraded shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a research note on Thursday. Mizuho initiated coverage on shares of O'Reilly Automotive in a research note on Tuesday, March 19th. They issued a "buy" rating and a $1,225.00 price target on the stock. Barclays boosted their target price on shares of O'Reilly Automotive from $954.00 to $986.00 and gave the stock an "equal weight" rating in a report on Thursday, January 4th. Finally, Truist Financial reduced their target price on shares of O'Reilly Automotive from $1,234.00 to $1,212.00 and set a "buy" rating on the stock in a report on Friday. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,106.31.

About O'Reilly Automotive

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.