Amalgamated Bank cut its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 7.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,155 shares of the specialty retailer's stock after selling 1,278 shares during the quarter. Amalgamated Bank's holdings in O'Reilly Automotive were worth $14,398,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of ORLY. Groesbeck Investment Management Corp NJ increased its position in O'Reilly Automotive by 0.7% during the fourth quarter. Groesbeck Investment Management Corp NJ now owns 1,375 shares of the specialty retailer's stock worth $1,306,000 after buying an additional 10 shares in the last quarter. Lindbrook Capital LLC increased its position in O'Reilly Automotive by 3.9% during the 4th quarter. Lindbrook Capital LLC now owns 264 shares of the specialty retailer's stock worth $251,000 after purchasing an additional 10 shares in the last quarter. Western Pacific Wealth Management LP raised its stake in O'Reilly Automotive by 11.6% in the 3rd quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer's stock valued at $96,000 after purchasing an additional 11 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in O'Reilly Automotive by 2.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer's stock valued at $418,000 after purchasing an additional 11 shares in the last quarter. Finally, Atlas Brown Inc. boosted its stake in shares of O'Reilly Automotive by 2.8% during the 4th quarter. Atlas Brown Inc. now owns 400 shares of the specialty retailer's stock worth $380,000 after purchasing an additional 11 shares during the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, Chairman David E. Oreilly sold 6,444 shares of the business's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the transaction, the chairman now directly owns 205,095 shares of the company's stock, valued at $217,933,947. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Chairman David E. Oreilly sold 6,444 shares of the firm's stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the sale, the chairman now directly owns 205,095 shares in the company, valued at $217,933,947. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeffrey Alan Lauro sold 431 shares of the business's stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,038.63, for a total value of $447,649.53. Following the completion of the transaction, the senior vice president now owns 963 shares in the company, valued at approximately $1,000,200.69. The disclosure for this sale can be found here. Insiders sold a total of 25,968 shares of company stock worth $27,269,333 in the last 90 days. 1.55% of the stock is owned by company insiders.
O'Reilly Automotive Stock Performance
O'Reilly Automotive stock traded up $6.72 during trading on Friday, reaching $1,012.95. 417,973 shares of the company's stock were exchanged, compared to its average volume of 377,452. O'Reilly Automotive, Inc. has a 52-week low of $860.10 and a 52-week high of $1,169.11. The firm has a market cap of $59.79 billion, a price-to-earnings ratio of 25.71, a PEG ratio of 1.89 and a beta of 0.90. The company's 50-day moving average is $1,094.80 and its two-hundred day moving average is $1,018.16.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $3.99 billion. O'Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The company's revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $8.28 earnings per share. Analysts anticipate that O'Reilly Automotive, Inc. will post 41.92 EPS for the current year.
Wall Street Analyst Weigh In
ORLY has been the subject of a number of analyst reports. UBS Group boosted their price objective on shares of O'Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a "buy" rating in a research report on Wednesday, April 17th. Evercore ISI reduced their price target on O'Reilly Automotive from $1,220.00 to $1,200.00 and set an "outperform" rating on the stock in a research note on Friday, April 26th. Barclays lifted their price objective on O'Reilly Automotive from $954.00 to $986.00 and gave the company an "equal weight" rating in a research report on Thursday, January 4th. StockNews.com downgraded O'Reilly Automotive from a "buy" rating to a "hold" rating in a research report on Friday. Finally, Royal Bank of Canada lifted their price target on O'Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an "outperform" rating in a report on Friday, February 9th. Four analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $1,110.07.
Read Our Latest Stock Report on O'Reilly Automotive
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.
Further Reading
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