Mutual of America Capital Management LLC lowered its stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,921 shares of the specialty retailer’s stock after selling 227 shares during the quarter. Mutual of America Capital Management LLC’s holdings in O’Reilly Automotive were worth $8,207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently added to or reduced their stakes in ORLY. Principal Securities Inc. boosted its holdings in O’Reilly Automotive by 8.0% in the third quarter. Principal Securities Inc. now owns 2,535 shares of the specialty retailer’s stock worth $2,919,000 after acquiring an additional 188 shares in the last quarter. Princeton Global Asset Management LLC acquired a new stake in O’Reilly Automotive in the third quarter worth about $41,000. Optas LLC acquired a new stake in O’Reilly Automotive in the third quarter worth about $261,000. KG&L Capital Management LLC boosted its holdings in O’Reilly Automotive by 6.9% in the third quarter. KG&L Capital Management LLC now owns 758 shares of the specialty retailer’s stock worth $873,000 after acquiring an additional 49 shares in the last quarter. Finally, Donaldson Capital Management LLC boosted its holdings in O’Reilly Automotive by 0.4% in the third quarter. Donaldson Capital Management LLC now owns 6,548 shares of the specialty retailer’s stock worth $7,541,000 after acquiring an additional 29 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on ORLY shares. Barclays raised their price target on O’Reilly Automotive from $1,110.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Friday, February 7th. Guggenheim raised their price target on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Wells Fargo & Company raised their price target on O’Reilly Automotive from $1,325.00 to $1,425.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. Mizuho lifted their target price on 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, DA Davidson lifted their target price on O’Reilly Automotive from $1,450.00 to $1,525.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Three investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,390.81.
Insider Activity
In other news, EVP Jason Lee Tarrant sold 1,992 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $1,339.10, for a total value of $2,667,487.20. Following the completion of the sale, the executive vice president now directly owns 1,398 shares in the company, valued at $1,872,061.80. The trade was a 58.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Gregory L. Henslee sold 3,073 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,315.15, for a total value of $4,041,455.95. Following the completion of the sale, the chairman now owns 11,397 shares of the company’s stock, valued at $14,988,764.55. This trade represents a 21.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,894 shares of company stock worth $10,409,618 over the last three months. 1.55% of the stock is currently owned by corporate insiders.
O’Reilly Automotive Trading Up 1.5 %
Shares of ORLY stock opened at $1,373.64 on Monday. The stock has a 50 day moving average of $1,264.60 and a 200 day moving average of $1,210.85. The stock has a market cap of $79.30 billion, a P/E ratio of 33.78, a P/E/G ratio of 2.34 and a beta of 0.94. O’Reilly Automotive, Inc. has a twelve month low of $947.49 and a twelve month high of $1,378.76.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last announced its quarterly earnings results 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%. On average, research analysts predict that O’Reilly Automotive, Inc. will post 43.94 earnings per share for the current fiscal year.
O’Reilly Automotive Company 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.
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