Kentucky Retirement Systems Insurance Trust Fund increased its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 121.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,801 shares of the specialty retailer's stock after buying an additional 2,084 shares during the quarter. Kentucky Retirement Systems Insurance Trust Fund's holdings in O'Reilly Automotive were worth $4,507,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of ORLY. Creative Planning grew its stake in shares of O'Reilly Automotive by 4.4% during the 3rd quarter. Creative Planning now owns 21,352 shares of the specialty retailer's stock worth $24,589,000 after purchasing an additional 899 shares during the period. Vontobel Holding Ltd. grew its stake in shares of O'Reilly Automotive by 22.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 899 shares of the specialty retailer's stock worth $1,035,000 after purchasing an additional 162 shares during the period. Blue Trust Inc. grew its stake in shares of O'Reilly Automotive by 68.2% during the 3rd quarter. Blue Trust Inc. now owns 1,162 shares of the specialty retailer's stock worth $1,227,000 after purchasing an additional 471 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of O'Reilly Automotive by 19.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 43,637 shares of the specialty retailer's stock worth $50,253,000 after purchasing an additional 7,010 shares during the period. Finally, Crew Capital Management Ltd. acquired a new stake in shares of O'Reilly Automotive during the 3rd quarter worth approximately $249,000. Institutional investors and hedge funds own 85.00% of the company's stock.
O'Reilly Automotive Trading Down 0.7 %
ORLY stock traded down $9.03 during midday trading on Friday, reaching $1,303.41. The stock had a trading volume of 275,102 shares, compared to its average volume of 330,450. The company's fifty day simple moving average is $1,253.69 and its 200 day simple moving average is $1,201.75. The company has a market cap of $75.25 billion, a price-to-earnings ratio of 32.06, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94. O'Reilly Automotive, Inc. has a 52-week low of $947.49 and a 52-week high of $1,350.27.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $9.73 by $0.23. O'Reilly Automotive had a negative return on equity of 166.88% and a net margin of 14.28%. Sell-side analysts predict that O'Reilly Automotive, Inc. will post 44.01 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the stock. BMO Capital Markets raised their price objective on shares of O'Reilly Automotive from $1,400.00 to $1,450.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. Evercore ISI increased their target price on O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an "outperform" rating in a research report on Tuesday, December 3rd. StockNews.com upgraded O'Reilly Automotive from a "hold" rating to a "buy" rating in a research report on Wednesday, January 22nd. Wells Fargo & Company increased their target price on O'Reilly Automotive from $1,325.00 to $1,425.00 and gave the company an "overweight" rating in a research report on Tuesday, January 28th. Finally, Truist Financial increased their target price on O'Reilly Automotive from $1,290.00 to $1,313.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $1,390.81.
Get Our Latest Research Report on O'Reilly Automotive
Insiders Place Their Bets
In related news, SVP Mark Joseph Merz sold 500 shares of the firm's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the completion of the sale, the senior vice president now directly owns 275 shares of the company's stock, valued at approximately $364,375. This trade represents a 64.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeffery Thomas Loafman sold 620 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total value of $769,041.80. Following the sale, the senior vice president now directly owns 5 shares of the company's stock, valued at $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,201 shares of company stock valued at $2,840,852 in the last three months. 1.55% of the stock is currently owned by insiders.
About O'Reilly Automotive
(
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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