Treasurer of the State of North Carolina Sells 789 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Treasurer of the State of North Carolina lessened its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,826 shares of the specialty retailer’s stock after selling 789 shares during the quarter. Treasurer of the State of North Carolina’s holdings in O’Reilly Automotive were worth $26,437,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of ORLY. Washington Trust Advisors Inc. lifted its holdings in O’Reilly Automotive by 31.0% during the fourth quarter. Washington Trust Advisors Inc. now owns 55 shares of the specialty retailer’s stock worth $52,000 after acquiring an additional 13 shares in the last quarter. Financial Management Professionals Inc. lifted its holdings in shares of O’Reilly Automotive by 29.5% in the fourth quarter. Financial Management Professionals Inc. now owns 57 shares of the specialty retailer’s stock valued at $54,000 after purchasing an additional 13 shares in the last quarter. First Financial Corp IN raised its holdings in O’Reilly Automotive by 38.6% during the fourth quarter. First Financial Corp IN now owns 61 shares of the specialty retailer’s stock worth $58,000 after acquiring an additional 17 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC raised its holdings in O’Reilly Automotive by 81.1% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 67 shares of the specialty retailer’s stock worth $63,000 after acquiring an additional 30 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in O’Reilly Automotive by 28.6% during the fourth quarter. Venturi Wealth Management LLC now owns 81 shares of the specialty retailer’s stock worth $77,000 after acquiring an additional 18 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

Analyst Ratings Changes

ORLY has been the topic of several analyst reports. UBS Group upped their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Mizuho assumed coverage on O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target on the stock. Wedbush reissued a “neutral” rating and set a $1,100.00 price target on shares of O’Reilly Automotive in a research report on Thursday, April 25th. The Goldman Sachs Group boosted their price target on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a research report on Friday, February 9th. Finally, StockNews.com downgraded O’Reilly Automotive from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,123.64.

View Our Latest Analysis on O’Reilly Automotive

Insiders Place Their Bets

In other O’Reilly Automotive news, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the completion of the sale, the chief executive officer now directly owns 716 shares in the company, valued at $726,740. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.18% of the company’s stock.

O’Reilly Automotive Price Performance

NASDAQ:ORLY traded up $0.39 during trading hours on Wednesday, reaching $957.90. 429,006 shares of the company were exchanged, compared to its average volume of 378,706. The company has a market capitalization of $56.41 billion, a P/E ratio of 24.24, a P/E/G ratio of 1.81 and a beta of 0.90. O’Reilly Automotive, Inc. has a 1-year low of $860.10 and a 1-year high of $1,169.11. The business has a 50 day moving average of $1,063.13 and a 200 day moving average of $1,028.15.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.18 by $0.02. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The business had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $3.99 billion. During the same quarter in the prior year, the business posted $8.28 earnings per share. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. As a group, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 41.93 earnings per share for the current fiscal year.

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.

See Also

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

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