TIAA Trust National Association Cuts Stock Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

TIAA Trust National Association decreased its position in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLYFree Report) by 61.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,868 shares of the specialty retailer’s stock after selling 10,761 shares during the period. TIAA Trust National Association’s holdings in O’Reilly Automotive were worth $6,525,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp increased its stake in O’Reilly Automotive by 3.5% during the 2nd quarter. State Street Corp now owns 2,514,123 shares of the specialty retailer’s stock worth $2,401,742,000 after buying an additional 85,062 shares during the period. Geode Capital Management LLC increased its stake in O’Reilly Automotive by 1.8% during the 1st quarter. Geode Capital Management LLC now owns 1,489,353 shares of the specialty retailer’s stock worth $1,262,904,000 after buying an additional 26,201 shares during the period. Morgan Stanley increased its stake in O’Reilly Automotive by 113.8% during the 4th quarter. Morgan Stanley now owns 1,193,792 shares of the specialty retailer’s stock worth $1,007,597,000 after buying an additional 635,416 shares during the period. Invesco Ltd. increased its stake in O’Reilly Automotive by 3.7% during the 3rd quarter. Invesco Ltd. now owns 888,110 shares of the specialty retailer’s stock worth $807,168,000 after buying an additional 31,487 shares during the period. Finally, Jennison Associates LLC increased its stake in O’Reilly Automotive by 8.0% during the 3rd quarter. Jennison Associates LLC now owns 880,855 shares of the specialty retailer’s stock worth $800,574,000 after buying an additional 65,534 shares during the period. Hedge funds and other institutional investors own 85.00% of the company’s stock.

Insider Buying and Selling at O’Reilly Automotive

In other O’Reilly Automotive news, EVP Doug D. Bragg sold 1,218 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,063.54, for a total value of $1,295,391.72. Following the sale, the executive vice president now directly owns 5,533 shares in the company, valued at $5,884,566.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, EVP Doug D. Bragg sold 1,218 shares of O’Reilly Automotive stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,063.54, for a total transaction of $1,295,391.72. Following the sale, the executive vice president now directly owns 5,533 shares in the company, valued at $5,884,566.82. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman David E. Oreilly sold 6,444 shares of O’Reilly Automotive stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the sale, the chairman now owns 205,095 shares in the company, valued at $217,933,947. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,468 shares of company stock worth $28,769,333. 1.55% of the stock is owned by insiders.

O’Reilly Automotive Stock Performance

ORLY stock opened at $1,140.21 on Wednesday. The stock has a market capitalization of $67.31 billion, a price-to-earnings ratio of 29.63, a PEG ratio of 2.05 and a beta of 0.86. O’Reilly Automotive, Inc. has a 1 year low of $851.22 and a 1 year high of $1,169.11. The stock’s fifty day moving average is $1,076.05 and its two-hundred day moving average is $993.36.

O’Reilly Automotive (NASDAQ:ORLYGet Free Report) last posted its earnings results on Thursday, February 8th. The specialty retailer reported $9.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.07 by $0.19. The company had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.86 billion. O’Reilly Automotive had a negative return on equity of 139.01% and a net margin of 14.84%. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the business posted $8.37 earnings per share. As a group, analysts predict that O’Reilly Automotive, Inc. will post 42.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ORLY has been the topic of several analyst reports. Evercore ISI lifted their price target on shares of O’Reilly Automotive from $1,235.00 to $1,240.00 and gave the stock an “outperform” rating in a research note on Tuesday. The Goldman Sachs Group raised their price objective on shares of O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the stock a “buy” rating in a report on Friday, February 9th. Wedbush raised their price objective on shares of O’Reilly Automotive from $940.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. StockNews.com lowered shares of O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Finally, Truist Financial raised their price objective on shares of O’Reilly Automotive from $1,149.00 to $1,234.00 and gave the stock a “buy” rating in a report on Tuesday. Five investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,090.76.

View Our Latest Stock Analysis on O’Reilly Automotive

O’Reilly Automotive Profile

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

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