Swiss National Bank Sells 7,400 Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Swiss National Bank cut its stake in O’Reilly Automotive, Inc. (NASDAQ:ORLY) by 3.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 188,400 shares of the specialty retailer’s stock after selling 7,400 shares during the quarter. Swiss National Bank’s holdings in O’Reilly Automotive were worth $178,995,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jennison Associates LLC grew its position in O’Reilly Automotive by 7.6% during the fourth quarter. Jennison Associates LLC now owns 947,484 shares of the specialty retailer’s stock worth $900,186,000 after buying an additional 66,629 shares in the last quarter. Invesco Ltd. grew its stake in O’Reilly Automotive by 3.7% in 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 in the last quarter. Northern Trust Corp raised its position in shares of O’Reilly Automotive by 3.5% during the 3rd quarter. Northern Trust Corp now owns 683,547 shares of the specialty retailer’s stock valued at $621,249,000 after buying an additional 23,016 shares in the last quarter. International Assets Investment Management LLC increased its stake in O’Reilly Automotive by 89,319.3% in the fourth quarter. International Assets Investment Management LLC now owns 653,655 shares of the specialty retailer’s stock valued at $621,025,000 after acquiring an additional 652,924 shares during the last quarter. Finally, Winslow Capital Management LLC raised its position in O’Reilly Automotive by 14.7% during the third quarter. Winslow Capital Management LLC now owns 302,615 shares of the specialty retailer’s stock valued at $275,035,000 after purchasing an additional 38,762 shares in the last quarter. 85.00% of the stock is currently owned by institutional investors.

O’Reilly Automotive Stock Up 0.7 %

NASDAQ:ORLY traded up $6.72 during mid-day trading on Friday, hitting $1,012.95. 417,973 shares of the company traded hands, compared to its average volume of 377,452. The stock’s fifty day moving average price is $1,094.80 and its 200-day moving average price is $1,018.16. The firm has a market cap of $59.79 billion, a price-to-earnings ratio of 25.71, a price-to-earnings-growth ratio of 1.89 and a beta of 0.90. O’Reilly Automotive, Inc. has a one year low of $860.10 and a one year high of $1,169.11.

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

Wall Street Analyst Weigh In

ORLY has been the topic of a number of research reports. The Goldman Sachs Group raised their price objective on O’Reilly Automotive from $1,022.00 to $1,170.00 and gave the company a “buy” rating in a report on Friday, February 9th. Royal Bank of Canada increased their target price on shares of O’Reilly Automotive from $1,003.00 to $1,078.00 and gave the company an “outperform” rating in a report on Friday, February 9th. Mizuho initiated coverage on shares of O’Reilly Automotive in a research report on Tuesday, March 19th. They set a “buy” rating and a $1,225.00 price target for the company. Truist Financial reduced their price objective on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating on the stock in a research note on Friday, April 26th. Finally, UBS Group increased their target price on O’Reilly Automotive from $1,125.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, April 17th. Four analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,110.07.

Insiders Place Their Bets

In other news, Chairman David E. Oreilly sold 10,000 shares of the stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,053.58, for a total value of $10,535,800.00. Following the sale, the chairman now owns 216,539 shares of the company’s stock, valued at $228,141,159.62. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Chairman David E. Oreilly sold 6,444 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $1,062.60, for a total transaction of $6,847,394.40. Following the completion of the sale, the chairman now directly owns 205,095 shares in the company, valued at approximately $217,933,947. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman David E. Oreilly sold 10,000 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,053.58, for a total transaction of $10,535,800.00. Following the completion of the transaction, the chairman now directly owns 216,539 shares in the company, valued at approximately $228,141,159.62. The disclosure for this sale can be found here. Insiders have sold a total of 25,968 shares of company stock valued at $27,269,333 in the last quarter. 1.55% of the stock is currently owned by insiders.

O’Reilly Automotive 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.