O'Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund decreased its holdings in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 88,019 shares of the specialty retailer's stock after selling 800 shares during the quarter. New York State Common Retirement Fund owned 0.15% of O'Reilly Automotive worth $104,373,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wellington Management Group LLP boosted its stake in shares of O'Reilly Automotive by 73.0% in the third quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer's stock valued at $1,986,874,000 after purchasing an additional 728,040 shares during the period. Geode Capital Management LLC raised its holdings in O'Reilly Automotive by 1.7% in the third quarter. Geode Capital Management LLC now owns 1,479,166 shares of the specialty retailer's stock valued at $1,700,513,000 after acquiring an additional 24,135 shares in the last quarter. International Assets Investment Management LLC raised its holdings in O'Reilly Automotive by 99,957.0% in the third quarter. International Assets Investment Management LLC now owns 854,487 shares of the specialty retailer's stock valued at $984,027,000 after acquiring an additional 853,633 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in O'Reilly Automotive by 28.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 601,612 shares of the specialty retailer's stock valued at $692,816,000 after acquiring an additional 133,139 shares in the last quarter. Finally, Mizuho Securities USA LLC raised its holdings in O'Reilly Automotive by 10,626.8% in the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock valued at $5,393,000 after acquiring an additional 482,670 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company's stock.

Analyst Upgrades and Downgrades

ORLY has been the topic of several analyst reports. Evercore ISI raised their target price on shares of O'Reilly Automotive from $1,315.00 to $1,325.00 and gave the company an "outperform" rating in a report on Tuesday, December 3rd. StockNews.com raised shares of O'Reilly Automotive from a "hold" rating to a "buy" rating in a report on Wednesday, January 22nd. TD Cowen raised their target price on shares of O'Reilly Automotive from $1,300.00 to $1,375.00 and gave the company a "buy" rating in a report on Friday, October 25th. Mizuho raised their price objective on shares of O'Reilly Automotive from $1,305.00 to $1,400.00 and gave the stock an "outperform" rating in a report on Friday, February 7th. Finally, BNP Paribas raised shares of O'Reilly Automotive to a "strong-buy" rating in a report on Friday, October 25th. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, O'Reilly Automotive has a consensus rating of "Buy" and an average target price of $1,390.81.

O'Reilly Automotive Price Performance

Shares of ORLY traded down $10.78 during mid-day trading on Friday, reaching $1,301.66. 132,817 shares of the company's stock were exchanged, compared to its average volume of 326,146. The stock has a market capitalization of $75.15 billion, a PE ratio of 32.02, a price-to-earnings-growth ratio of 2.31 and a beta of 0.94. The business's fifty day simple moving average is $1,253.03 and its 200-day simple moving average is $1,200.38. 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 posted its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating analysts' consensus estimates of $9.73 by $0.23. O'Reilly Automotive had a net margin of 14.28% and a negative return on equity of 166.88%. Equities research analysts predict that O'Reilly Automotive, Inc. will post 44.01 earnings per share for the current year.

Insiders Place Their Bets

In other O'Reilly Automotive news, SVP Mark Joseph Merz sold 500 shares of the business's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total transaction of $662,500.00. Following the sale, the senior vice president now directly owns 275 shares in the company, valued at approximately $364,375. The trade was a 64.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeffery Thomas Loafman sold 620 shares of O'Reilly Automotive stock in a transaction on 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 transaction, the senior vice president now directly owns 5 shares of the company's stock, valued at $6,201.95. This trade represents a 99.20 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,368 shares of company stock worth $1,757,952. Corporate insiders own 1.55% of the company's stock.

O'Reilly Automotive Profile

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.