Swiss National Bank lowered its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 6.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,800 shares of the specialty retailer's stock after selling 10,900 shares during the quarter. Swiss National Bank owned approximately 0.28% of O'Reilly Automotive worth $194,234,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its holdings in O'Reilly Automotive by 73.0% during the 3rd quarter. Wellington Management Group LLP now owns 1,725,316 shares of the specialty retailer's stock valued at $1,986,874,000 after buying an additional 728,040 shares in the last quarter. Proficio Capital Partners LLC boosted its position in shares of O'Reilly Automotive by 205,600.0% during the fourth quarter. Proficio Capital Partners LLC now owns 503,965 shares of the specialty retailer's stock worth $597,602,000 after acquiring an additional 503,720 shares during the last quarter. Mizuho Securities USA LLC boosted its position in shares of O'Reilly Automotive by 10,626.8% during the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the specialty retailer's stock worth $5,393,000 after acquiring an additional 482,670 shares during the last quarter. Raymond James Financial Inc. purchased a new position in O'Reilly Automotive during the fourth quarter valued at $208,248,000. Finally, Massachusetts Financial Services Co. MA increased its holdings in O'Reilly Automotive by 28.4% in the 3rd 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 during the last quarter. Institutional investors own 85.00% of the company's stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on ORLY. Evercore ISI raised their price objective 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. DA Davidson boosted their price target on shares of O'Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. Mizuho boosted their target price 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. Guggenheim reiterated a "buy" rating and issued a $1,475.00 price target on shares of O'Reilly Automotive in a research report on Monday, March 10th. Finally, Wedbush raised their price objective on O'Reilly Automotive from $1,200.00 to $1,350.00 and gave the company a "neutral" rating in a research note on Thursday, February 6th. Two investment 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 stock. According to data from MarketBeat.com, O'Reilly Automotive has a consensus rating of "Buy" and an average price target of $1,390.81.
View Our Latest Analysis on O'Reilly Automotive
Insider Activity
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 sale, the senior vice president now owns 275 shares of the company's stock, valued at $364,375. This trade represents a 64.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Maria Sastre sold 248 shares of O'Reilly Automotive stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,316.17, for a total value of $326,410.16. Following the completion of the transaction, the director now owns 971 shares in the company, valued at $1,278,001.07. This trade represents a 20.34 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,894 shares of company stock worth $10,409,618. 1.55% of the stock is currently owned by corporate insiders.
O'Reilly Automotive Stock Performance
O'Reilly Automotive stock traded up $20.58 during trading hours on Monday, hitting $1,347.99. The company had a trading volume of 409,021 shares, compared to its average volume of 344,346. The firm has a market cap of $77.20 billion, a P/E ratio of 33.15, a P/E/G ratio of 2.34 and a beta of 0.91. The company has a 50-day moving average price of $1,291.02 and a two-hundred day moving average price of $1,225.40. O'Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,389.05.
O'Reilly Automotive shares are set to split on Tuesday, June 10th. The 15-1 split was announced on Thursday, March 13th. The newly minted shares will be issued to shareholders after the closing bell on Monday, June 9th.
O'Reilly Automotive (NASDAQ:ORLY - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $9.96 earnings per share for the quarter, beating the consensus estimate 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%. As a group, equities research analysts anticipate that O'Reilly Automotive, Inc. will post 43.94 EPS for the current year.
O'Reilly Automotive Company Profile
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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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