National Pension Service Has $107.38 Million Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

National Pension Service increased its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,019 shares of the specialty retailer’s stock after buying an additional 2,461 shares during the quarter. National Pension Service owned 0.19% of O’Reilly Automotive worth $107,377,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Verdence Capital Advisors LLC grew its position in O’Reilly Automotive by 20.7% during the third quarter. Verdence Capital Advisors LLC now owns 315 shares of the specialty retailer’s stock valued at $286,000 after purchasing an additional 54 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in shares of O’Reilly Automotive during the third quarter worth $1,174,000. Graypoint LLC increased its position in O’Reilly Automotive by 8.6% in the 3rd quarter. Graypoint LLC now owns 266 shares of the specialty retailer’s stock worth $242,000 after purchasing an additional 21 shares during the last quarter. Inspire Investing LLC bought a new stake in O’Reilly Automotive in the third quarter worth $437,000. Finally, Gradient Investments LLC boosted its position in O’Reilly Automotive by 5.4% during the third quarter. Gradient Investments LLC now owns 11,849 shares of the specialty retailer’s stock worth $10,769,000 after purchasing an additional 610 shares during the period. 85.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ORLY has been the subject of a number of analyst reports. StockNews.com cut shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Truist Financial decreased their price target on shares of O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a report on Friday, April 26th. Evercore ISI dropped their price objective on O’Reilly Automotive from $1,220.00 to $1,200.00 and set an “outperform” rating on the stock in a research note on Friday, April 26th. Wells Fargo & Company decreased their target price on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a research note on Thursday, April 25th. Finally, UBS Group upped their price target on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,110.07.

O’Reilly Automotive Price Performance

Shares of ORLY traded up $9.27 during trading hours on Thursday, hitting $1,029.61. The stock had a trading volume of 97,411 shares, compared to its average volume of 373,113. The stock has a market capitalization of $60.77 billion, a price-to-earnings ratio of 25.90, a P/E/G ratio of 1.91 and a beta of 0.90. The company’s fifty day moving average is $1,091.76 and its two-hundred day moving average is $1,021.39. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last posted its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 earnings per share for the quarter, topping the consensus estimate of $9.18 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to analyst estimates of $3.99 billion. O’Reilly Automotive had a net margin of 14.78% and a negative return on equity of 145.86%. The company’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $8.28 earnings per share. Equities analysts predict that O’Reilly Automotive, Inc. will post 41.92 EPS for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In other news, CEO Brad W. Beckham sold 6,032 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $1,015.00, for a total transaction of $6,122,480.00. Following the transaction, the chief executive officer now directly owns 716 shares in the company, valued at $726,740. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the transaction, the chief executive officer now owns 716 shares in the company, valued at $726,740. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Jeremy Adam Fletcher sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $1,028.00, for a total value of $5,140,000.00. Following the sale, the chief financial officer now directly owns 2,335 shares of the company’s stock, valued at $2,400,380. The disclosure for this sale can be found here. In the last quarter, insiders sold 32,000 shares of company stock worth $33,391,813. 1.55% 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.