New York State Common Retirement Fund Sells 800 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

New York State Common Retirement Fund decreased its position in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 0.9% during the fourth quarter, according to the company in its most recent disclosure 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’s holdings in O’Reilly Automotive were worth $104,373,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. lifted its holdings in O’Reilly Automotive by 20.8% in the third quarter. Assetmark Inc. now owns 18,580 shares of the specialty retailer’s stock valued at $21,396,000 after acquiring an additional 3,193 shares during the period. Annex Advisory Services LLC raised its stake in shares of O’Reilly Automotive by 23.2% in the fourth quarter. Annex Advisory Services LLC now owns 34,027 shares of the specialty retailer’s stock worth $40,349,000 after buying an additional 6,418 shares during the period. CIBC Asset Management Inc raised its stake in shares of O’Reilly Automotive by 4.7% in the third quarter. CIBC Asset Management Inc now owns 19,597 shares of the specialty retailer’s stock worth $22,568,000 after buying an additional 882 shares during the period. Montecito Bank & Trust bought a new position in shares of O’Reilly Automotive in the fourth quarter worth about $365,000. Finally, Nomura Asset Management Co. Ltd. raised its stake in shares of O’Reilly Automotive by 6.9% in the third quarter. Nomura Asset Management Co. Ltd. now owns 27,907 shares of the specialty retailer’s stock worth $32,138,000 after buying an additional 1,811 shares during the period. Institutional investors own 85.00% of the company’s stock.

Wall Street Analyst Weigh In

ORLY has been the topic of several recent research reports. BNP Paribas raised O’Reilly Automotive to a “strong-buy” rating in a research note on Friday, October 25th. TD Cowen raised their price objective on O’Reilly Automotive from $1,300.00 to $1,375.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Guggenheim raised their price objective on O’Reilly Automotive from $1,400.00 to $1,475.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Evercore ISI lifted 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 note on Tuesday, December 3rd. Finally, Mizuho lifted their target price on O’Reilly Automotive from $1,305.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, O’Reilly Automotive currently has an average rating of “Buy” and an average target price of $1,390.81.

O’Reilly Automotive Price Performance

NASDAQ:ORLY opened at $1,295.80 on Thursday. O’Reilly Automotive, Inc. has a 1 year low of $947.49 and a 1 year high of $1,350.27. The stock’s 50 day simple moving average is $1,252.18 and its two-hundred day simple moving average is $1,199.59. The company has a market cap of $74.81 billion, a price-to-earnings ratio of 31.87, a PEG ratio of 2.35 and a beta of 0.94.

O’Reilly Automotive (NASDAQ:ORLY) last released its quarterly earnings data 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%. As a group, analysts anticipate that O’Reilly Automotive, Inc. will post 44.01 EPS for the current year.

Insider Activity

In other news, Director Maria Sastre sold 248 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,316.17, for a total transaction of $326,410.16. Following the transaction, the director now owns 971 shares of the company’s stock, valued at approximately $1,278,001.07. The trade was a 20.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Mark Joseph Merz sold 500 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,325.00, for a total value of $662,500.00. Following the completion of the transaction, the senior vice president now directly owns 275 shares in the company, valued at $364,375. This trade represents a 64.52 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,968 shares of company stock valued at $2,492,394. 1.18% of the stock is currently owned by insiders.

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.