O’Reilly Automotive, Inc. (NASDAQ:ORLY) Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lessened its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYGet Rating) by 4.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 88,954 shares of the specialty retailer’s stock after selling 3,941 shares during the period. Teacher Retirement System of Texas owned 0.13% of O’Reilly Automotive worth $60,930,000 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. ICICI Prudential Asset Management Co Ltd raised its position in shares of O’Reilly Automotive by 15.1% during the 1st quarter. ICICI Prudential Asset Management Co Ltd now owns 191 shares of the specialty retailer’s stock worth $133,000 after acquiring an additional 25 shares in the last quarter. MONECO Advisors LLC increased its position in O’Reilly Automotive by 11.1% during the first quarter. MONECO Advisors LLC now owns 421 shares of the specialty retailer’s stock worth $288,000 after buying an additional 42 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in O’Reilly Automotive by 10.4% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 38,075 shares of the specialty retailer’s stock worth $26,080,000 after buying an additional 3,585 shares during the period. Regal Investment Advisors LLC increased its position in O’Reilly Automotive by 8.2% during the first quarter. Regal Investment Advisors LLC now owns 358 shares of the specialty retailer’s stock worth $245,000 after buying an additional 27 shares during the period. Finally, Kavar Capital Partners Group LLC increased its position in O’Reilly Automotive by 3.5% during the first quarter. Kavar Capital Partners Group LLC now owns 4,831 shares of the specialty retailer’s stock worth $3,309,000 after buying an additional 164 shares during the period. Institutional investors and hedge funds own 82.76% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. The Goldman Sachs Group lifted their price target on O’Reilly Automotive from $667.00 to $745.00 and gave the stock a “buy” rating in a research report on Tuesday. Stephens lifted their price target on O’Reilly Automotive from $765.00 to $800.00 and gave the stock an “overweight” rating in a research report on Monday, August 1st. Royal Bank of Canada cut their price target on O’Reilly Automotive from $806.00 to $795.00 in a research report on Friday, July 29th. Morgan Stanley lowered their target price on O’Reilly Automotive from $650.00 to $635.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 28th. Finally, Wells Fargo & Company lowered their target price on O’Reilly Automotive from $800.00 to $750.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 8th. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $749.23.

Insiders Place Their Bets

In other O’Reilly Automotive news, Chairman Gregory L. Henslee sold 1,649 shares of the business’s stock in a transaction on Wednesday, August 3rd. The stock was sold at an average price of $710.58, for a total transaction of $1,171,746.42. Following the sale, the chairman now directly owns 8,214 shares in the company, valued at $5,836,704.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other O’Reilly Automotive news, Director John Raymond Murphy sold 300 shares of the business’s stock in a transaction on Tuesday, August 2nd. The stock was sold at an average price of $705.49, for a total transaction of $211,647.00. Following the sale, the director now directly owns 1,900 shares in the company, valued at $1,340,431. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Gregory L. Henslee sold 1,649 shares of the business’s stock in a transaction on Wednesday, August 3rd. The stock was sold at an average price of $710.58, for a total value of $1,171,746.42. Following the completion of the transaction, the chairman now directly owns 8,214 shares of the company’s stock, valued at $5,836,704.12. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,094 shares of company stock worth $6,384,893. 1.73% of the stock is owned by corporate insiders.

O’Reilly Automotive Price Performance

O’Reilly Automotive stock opened at $709.01 on Friday. O’Reilly Automotive, Inc. has a 1-year low of $562.90 and a 1-year high of $748.68. The company has a market cap of $46.60 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 1.79 and a beta of 1.00. The stock’s 50 day moving average price is $650.33 and its 200 day moving average price is $659.61.

O’Reilly Automotive (NASDAQ:ORLYGet Rating) last posted its quarterly earnings results on Wednesday, July 27th. The specialty retailer reported $8.78 earnings per share for the quarter, missing analysts’ consensus estimates of $8.98 by ($0.20). O’Reilly Automotive had a net margin of 15.55% and a negative return on equity of 520.10%. The business had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $3.71 billion. During the same quarter last year, the firm earned $8.33 earnings per share. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. On average, equities research analysts anticipate that O’Reilly Automotive, Inc. will post 31.56 EPS for the current fiscal year.

O’Reilly Automotive Profile

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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. 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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Institutional Ownership by Quarter for O'Reilly Automotive (NASDAQ:ORLY)

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