TIAA Trust National Association Lowers Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

TIAA Trust National Association lessened its holdings in O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 61.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,868 shares of the specialty retailer’s stock after selling 10,761 shares during the period. TIAA Trust National Association’s holdings in O’Reilly Automotive were worth $6,525,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. West Family Investments Inc. raised its position in shares of O’Reilly Automotive by 2.1% in the second quarter. West Family Investments Inc. now owns 533 shares of the specialty retailer’s stock worth $509,000 after buying an additional 11 shares in the last quarter. Caprock Group LLC raised its position in shares of O’Reilly Automotive by 2.4% in the third quarter. Caprock Group LLC now owns 475 shares of the specialty retailer’s stock worth $432,000 after buying an additional 11 shares in the last quarter. Western Pacific Wealth Management LP raised its position in shares of O’Reilly Automotive by 11.6% in the third quarter. Western Pacific Wealth Management LP now owns 106 shares of the specialty retailer’s stock worth $96,000 after buying an additional 11 shares in the last quarter. Sunbelt Securities Inc. raised its position in shares of O’Reilly Automotive by 2.4% in the third quarter. Sunbelt Securities Inc. now owns 460 shares of the specialty retailer’s stock worth $418,000 after buying an additional 11 shares in the last quarter. Finally, Atlas Brown Inc. raised its position in shares of O’Reilly Automotive by 2.8% in the fourth quarter. Atlas Brown Inc. now owns 400 shares of the specialty retailer’s stock worth $380,000 after buying an additional 11 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Trading Up 0.9 %

Shares of NASDAQ:ORLY opened at $1,140.21 on Wednesday. The stock’s 50-day moving average price is $1,076.05 and its 200-day moving average price is $993.36. O’Reilly Automotive, Inc. has a 12-month low of $851.22 and a 12-month high of $1,169.11. The stock has a market capitalization of $67.31 billion, a P/E ratio of 29.63, a price-to-earnings-growth ratio of 2.05 and a beta of 0.86.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last posted its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.07 by $0.19. The company had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. O’Reilly Automotive’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the firm earned $8.37 earnings per share. As a group, research analysts predict that O’Reilly Automotive, Inc. will post 42.09 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. StockNews.com cut O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Truist Financial increased their target price on O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the company a “buy” rating in a research note on Tuesday. Barclays increased their target price on O’Reilly Automotive from $954.00 to $986.00 and gave the company an “equal weight” rating in a research note on Thursday, January 4th. TD Cowen increased their target price on O’Reilly Automotive from $1,100.00 to $1,150.00 and gave the company an “outperform” rating in a research note on Friday, December 8th. Finally, Wells Fargo & Company increased their target price on O’Reilly Automotive from $1,200.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Monday, March 25th. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, O’Reilly Automotive presently has a consensus rating of “Moderate Buy” and an average target price of $1,090.76.

Get Our Latest Report on ORLY

Insider Buying and Selling

In related news, EVP Doug D. Bragg sold 1,218 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was 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 $5,884,566.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Doug D. Bragg sold 1,218 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was 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 $5,884,566.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Christopher Andrew Mancini sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $1,000.00, for a total value of $1,500,000.00. The disclosure for this sale can be found here. Insiders have sold 27,468 shares of company stock valued at $28,769,333 over the last ninety days. 1.55% of the stock is owned by insiders.

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.

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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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